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Property profile & analytics
OFF-MARKET
Estimated value
$8,065,000
Retail space
149 Polk St, Coalinga, CA 93210-2302
Individually Owned
2-yr Hold
Free & Clear
Property ID
US09-2657441
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Construction
WOOD
Total area
45,456 SF
Lot
2.77 ac (120,661 SF)
Zoning code
C6
APN
083-080-79S
UPID
US09-2657441
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
$9.04M
Comparable Approach
Comparable
$7.86M
Blend (final)
Blend
$8.07M
Owner & transaction history
Daniel V Hoffman · 2 yrs held
Daniel V Hoffman
since 2023
5 recorded transactions
Zoning & alternative use
C6 · Coalinga, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.7M
+98.1%
Medical building
$8.9M
+81.2%
Office building
$7.7M
+57.4%
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 Coalinga submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coalinga 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%
$9,790,000
6.5%
$9,040,000
7%
$8,395,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,890,000
Current use
RESTAURANT
$9,690,000
Change: +98% · Conversion: Easy
MEDICAL BUILDING
$8,865,000
Change: +81% · Conversion: Difficult
OFFICE BUILDING
$7,700,000
Change: +57% · Conversion: Easy
AUTO REPAIR, GARAGE
$6,675,000
Change: +36% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,840,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$8.07M
Range $7.26M – $8.87M · ±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
$177 / 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
$63,197
Tax year 2023
Assessed value
$5,097,960
Assessed 2023
Previous assessed
$5,097,960
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$936,360
Assessed improvement
$4,161,600
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1978
Construction
WOOD
Heating
NONE
Stories
1
Total area
45,456 SF
Lot
2.77 ac (120,661 SF)
Zoning code
C6
APN
083-080-79S
UPID
US09-2657441
Jurisdiction
FRESNO
Zoning & alternative use
C6 · Coalinga, CA
Zoning C6 · permitted uses
C6 · Coalinga, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coalinga. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.9M
RESTAURANT
Est. value
$9.7M
MEDICAL BUILDING
Est. value
$8.9M
OFFICE BUILDING
Est. value
$7.7M
AUTO REPAIR, GARAGE
Est. value
$6.7M
INDUSTRIAL (GENERAL)
Est. value
$4.8M
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
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
1978
Construction
WOOD
Heating
NONE
Stories
1
Lot
2.77 ac
Current owner
From public records · entity-resolved
Daniel V Hoffman
Individual
Free & Clear · 2 yrs held
Mailing address
1999 HARRISON ST, OAKLAND, CA 94612-3520
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2023
—
Daniel V Hoffman
113 West Polk Street LLC
Grant Deed
—
Jul 6, 2023
—
113 West Polk Street LLC
Daniel V Hoffman
Grant Deed
—
May 3, 2018
—
D H Gabrielsen
Gabrielsen Family Trust
Quit Claim Deed
related
—
Sep 13, 2000
—
Gabrielsen Trust
Western Properties INC
Grant Deed
related
—
May 29, 1987
—
Western Investment Real Estate Trust
Owner Name Unavailable
Grant Deed
related
—
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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