Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,715,000
Grocery and convenience stores
1110 Dover Pl Delano, CA 93215-2150
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-3626376
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1957
Construction
WOOD
Total area
5,500 SF
Lot
0.14 ac (6,098 SF)
Zoning code
C2
APN
037-353-11-00-3
UPID
US09-3626376
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
La Barata Market Grocery & Convenience Store Specialty Food Shop
-
TNT Fireworks Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.62M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.72M
Owner & transaction history
Alan Francisco Ochoa Herrera · 2 yrs held
Alan Francisco Ochoa Herrera
since 2023
Last sale
$1.8M
4 recorded transactions
Zoning & alternative use
C2 · Delano, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.9M
+172.7%
Restaurant
$1.7M
+145.1%
Medical building
$1.2M
+66.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Delano submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delano submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,605,000
ML approach
$1,615,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,895,000
Change: +173% · Conversion: Moderate
RESTAURANT
$1,705,000
Change: +145% · Conversion: Easy
MEDICAL BUILDING
$1,160,000
Change: +67% · Conversion: Difficult
OFFICE BUILDING
$1,065,000
Change: +53% · Conversion: Easy
Blend value · Realmo final
$1.72M
Range $1.54M – $1.89M · ±10% · vs last sale $1.82M (Oct 24 2023)
Last sale anchor
$1.82M
Oct 24 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$312 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,036
Tax year 2023
Assessed value
$454,491
Assessed 2023
Previous assessed
$454,491
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$88,368
Assessed improvement
$366,123
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1957
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
5,500 SF
Lot
0.14 ac (6,098 SF)
Zoning code
C2
APN
037-353-11-00-3
UPID
US09-3626376
Jurisdiction
KERN
Zoning & alternative use
C2 · Delano, CAZoning C2 · permitted uses
C2 · Delano, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
RESTAURANT
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1957
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Alan Francisco Ochoa Herrera
Individual
Mailing address
1902 HOLT RINEHART AVE, BAKERSFIELD, CA 93311-1746
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2023
$1,820,000
Alan Francisco Ochoa Herrera
Manuel Perez Jimenez
Grant Deed
$1,320,000 · Manuel Jimenez
Sep 17, 2007
—
Manuel P Jimenez
Ochoa,salvador & Maria T
Grant Deed
—
Dec 30, 2004
$610,000
Salvador Ochoa
Jimenez,manuel P & Eva V
Grant Deed
$140,000 · Manuel P & Eva V Jimenez
—
—
Manuel P Jimenez
—
Deed Of Trust
related
$190,000 · Elmer F Karpe INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1110 Dover Pl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
