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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Office buildings
1224 Jefferson St Delano, CA 93215-2263
Trust Owned
15-yr Hold
~
Est. High Equity
Property ID
US09-0418899
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1965
Construction
WOOD
Total area
5,192 SF
Lot
0.17 ac (7,405 SF)
Zoning code
CC
APN
038-380-11-00-8
UPID
US09-0418899
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
-
Chun W. Lee, DC Alternative Medicine Practice
-
Crpe Law Firm
-
Dr. Alejandra Uchio, MD Physician
-
Rio Counseling Center Family Counselor
-
Delano Acupuncture & Chiropractic Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$980k
Comparable Approach
Comparable
$852k
Blend (final)
Blend
$715k
Owner & transaction history
Liu Living Trust · 15 yrs held
Liu Living Trust
since 2011
7 recorded transactions
Zoning & alternative use
CC · Delano, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+8.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,060,000
6.5%
$980,000
7%
$910,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,005,000
Current use
MEDICAL BUILDING
$1,095,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$715k
Range $644k – $787k · ±10%
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
$138 / 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
$6,140
Tax year 2023
Assessed value
$554,132
Assessed 2023
Previous assessed
$554,132
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$109,591
Assessed improvement
$444,541
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1965
Construction
WOOD
Heating
YES
Cooling
OTHER
Stories
1
Total area
5,192 SF
Lot
0.17 ac (7,405 SF)
Zoning code
CC
APN
038-380-11-00-8
UPID
US09-0418899
Jurisdiction
KERN
Zoning & alternative use
CC · Delano, CA
Zoning CC · permitted uses
CC · Delano, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Delano. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.1M
OFFICE BUILDING Current
MEDICAL 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
1965
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Liu Living Trust
Trust
Mailing address
4959 VIA CAMINO, NEWBURY PARK, CA 91320-6857
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2011
$235,189
Liu Living Trust
Spencer Mortgage Corp
Trustees Deed
related
—
Oct 6, 2000
$270,000
Rigoberto Cruz
Hocking,thomaas M & Diane K
Grant Deed
$216,000 · Jefferson Street Professional
Oct 3, 1990
$141,779
Thomas M Hocking
Durite Inv Co
Trustees Deed
related
—
—
—
Rigoberto Cruz
—
Deed Of Trust
related
$306,800 · Blandina Family Trust
—
—
Rigoberto Cruz
—
Deed Of Trust
related
$395,000 · Blandina Trust
—
—
Liu Living Trust
—
Deed Of Trust
related
$100,000 · Hocking Thomas Trust (rt)
—
—
Rigoberto Cruz
—
Deed Of Trust
related
$150,000 · Bank Of The Sierra
—
—
Rigoberto Cruz
—
Deed Of Trust
related
$160,500 · I-tung & Amy Wang
—
—
Rigoberto Cruz
—
Deed Of Trust
related
$200,000 · Liu Living Trust
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.
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