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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Grocery and convenience stores
138 1st St Buttonwillow, CA 93206
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US09-0359889
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1948
Construction
WOOD
Total area
6,682 SF
Lot
0.41 ac (17,859 SF)
Zoning code
C-2
APN
101-150-16-00-7
UPID
US09-0359889
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$739k
Blend (final)
Blend
$660k
Owner & transaction history
Ali M Alamsi · 9 yrs held
Ali M Alamsi
since 2017
5 recorded transactions
Zoning & alternative use
C-2 · Buttonwillow, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$995,000
+18.5%
Auto repair, garage
$925,000
+10.3%
Industrial (general)
$850,000
+0.9%
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 Buttonwillow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buttonwillow 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$840,000
Current use
APARTMENT HOUSE (5+ UNITS)
$995,000
Change: +18% · Conversion: Difficult
AUTO REPAIR, GARAGE
$925,000
Change: +10% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$850,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$660k
Range $594k – $726k · ±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
$99 / 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
$6,219
Tax year 2023
Assessed value
$546,582
Assessed 2023
Previous assessed
$546,582
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$88,626
Assessed improvement
$457,956
Applied tax rate
62.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1948
Construction
WOOD
Heating
YES
Cooling
EVAPORATIVE
Stories
1
Total area
6,682 SF
Lot
0.41 ac (17,859 SF)
Zoning code
C-2
APN
101-150-16-00-7
UPID
US09-0359889
Jurisdiction
KERN
Zoning & alternative use
C-2 · Buttonwillow, CA
Zoning C-2 · permitted uses
C-2 · Buttonwillow, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Buttonwillow. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$840,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$995,000
AUTO REPAIR, GARAGE
Est. value
$925,000
INDUSTRIAL (GENERAL)
Est. value
$850,000
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1948
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Ali M Alamsi
Individual
Mailing address
PO BOX 27, BUTTONWILLOW, CA 93206-0027
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2020
—
Ali M Alamsi
—
Deed
related
$3,700,000 · Mid Vly Svcs
May 3, 2017
—
Ali M Alamsi
Alamsi,zarah
Quit Claim Deed
related
$2,850,000 · Mid Vly Svcs
Aug 3, 1999
$225,000
Ali M Alamsi
Lee,hi B & Mai T
Grant Deed
$250,000 · Seller
Jul 16, 1991
$139,500
Hi B Lee
Kang,young C
Grant Deed
related
—
—
—
Ali M Alamsi
—
Deed Of Trust
related
$3,700,000 · Mid Vly Svcs
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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