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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Manufacturing properties
1537 Kern Hwy 33rd St, Taft, CA 93268
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-1716590
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1982
Construction
WOOD
Total area
6,000 SF
Lot
1.5 ac (65,340 SF)
Zoning code
I
APN
198-330-05-00-3
UPID
US09-1716590
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
$620k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$497k
Blend (final)
Blend
$560k
Owner & transaction history
Bhab Investments LLC · 4 yrs held
Bhab Investments LLC
since 2021
Last sale
$525,000
7 recorded transactions
Zoning & alternative use
I · Taft, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$895,000
+17.4%
Auto repair, garage
$835,000
+9.3%
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 Taft submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Taft 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
$620,000
ML approach
$620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$760,000
Current use
APARTMENT HOUSE (5+ UNITS)
$895,000
Change: +17% · Conversion: Difficult
AUTO REPAIR, GARAGE
$835,000
Change: +9% · Conversion: Easy
RETAIL STORES
$755,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$560k
Range $504k – $616k · ±10% · vs last sale $525k (Sep 29 2021)
Last sale anchor
$525k
Sep 29 2021
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
$93 / 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
$6,027
Tax year 2023
Assessed value
$527,340
Assessed 2023
Previous assessed
$527,340
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$133,620
Assessed improvement
$393,720
Applied tax rate
4.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1982
Construction
WOOD
Heating
YES
Cooling
OTHER
Stories
1
Total area
6,000 SF
Lot
1.5 ac (65,340 SF)
Zoning code
I
APN
198-330-05-00-3
UPID
US09-1716590
Jurisdiction
KERN
Zoning & alternative use
I · Taft, CA
Zoning I · permitted uses
I · Taft, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Taft. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$760,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$895,000
AUTO REPAIR, GARAGE
Est. value
$835,000
RETAIL STORES
Est. value
$755,000
INDUSTRIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
RETAIL STORES
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
1982
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
1.5 ac
Current owner
From public records · entity-resolved
Bhab Investments LLC
Entity
Mailing address
PO BOX 9232, BAKERSFIELD, CA 93389-9232
Ownership since
2021
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
Aug 3, 2023
—
Bhab Investments LLC
—
Deed
related
$400,000 · Ffb Bank
Sep 29, 2021
$525,000
Bhab Investments LLC
Lufkin Us Acquisition Company
Grant Deed
$400,000 · Bruce Lynn Etux
Jul 1, 2020
$148,500
Lufkin Us Acquisition Co LLC
Quinn Pumps LLC
Grant Deed
—
May 24, 2010
—
Quinn Pumps INC
Kerr,ken & Laura J
Grant Deed
—
—
—
Kenneth E Kerr
—
Deed Of Trust
related
$200,000 · San Joaquin Land & Cattle Co
—
—
Kenneth E Kerr
—
Deed Of Trust
related
$100,000 · San Joaquin Land & Cattle Co
—
—
Kenneth E Kerr
—
Deed Of Trust
related
$200,000 · San Joaquin Land & Cattle Co
—
—
Kenneth E Kerr
—
Deed Of Trust
related
$160,000 · James E Gribben
—
—
Kenneth Kerr
—
Deed Of Trust
related
$200,000 · San Joaquin Land & Cattle Co
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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