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Property profile & analytics
OFF-MARKET
Estimated value
$3,635,000
Mobile home & RV parks
1599 Norma St Ridgecrest, CA 93555-2535
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-3756824
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1968
Construction
WOOD
Total area
900 SF
Lot
8.4 ac (365,904 SF)
Zoning code
R2
APN
418-020-03-00-0
UPID
US09-3756824
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
-
Town Country Park Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.42M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.64M
Owner & transaction history
Ca1599 Tc LLC · 4 yrs held
Ca1599 Tc LLC
since 2022
Last sale
$3.6M
7 recorded transactions
Zoning & alternative use
R2 · Ridgecrest, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Ridgecrest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgecrest 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
$3,850,000
ML approach
$3,420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.64M
Range $3.27M – $4.00M · ±10% · vs last sale $3.63M (May 24 2022)
Last sale anchor
$3.63M
May 24 2022
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
$4,039 / 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
$73,222
Tax year 2023
Assessed value
$3,702,600
Assessed 2023
Previous assessed
$3,702,600
+0.0% YoY
Effective rate
1.98%
On assessed value
Assessed land
$408,000
Assessed improvement
$3,294,600
Applied tax rate
10.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1968
Construction
WOOD
Heating
YES
Cooling
YES
Units
80
Total area
900 SF
Lot
8.4 ac (365,904 SF)
Zoning code
R2
APN
418-020-03-00-0
UPID
US09-3756824
Jurisdiction
KERN
Zoning & alternative use
R2 · Ridgecrest, CA
Zoning R2 · permitted uses
R2 · Ridgecrest, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ridgecrest. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Construction
WOOD
Heating
YES
Cooling
Yes
Units
80
Lot
8.4 ac
Current owner
From public records · entity-resolved
Ca1599 Tc LLC
Entity
Mailing address
1 POST ST STE #2210, SAN FRANCISCO, CA 94104-5228
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2022
$3,630,000
Ca1599 Tc LLC
Redgecrest Tc LLC
Grant Deed
—
Oct 29, 2020
—
Ridgecrest Tc LLC
—
Deed
related
$2,000,000 · Savings Bank Of Mendocino County
Feb 5, 2009
$525,000
Ridgecrest Tc LLC
Henry Longoria
Grant Deed
—
Jan 27, 2005
—
Henry Longoria
Longoria,henry & Barbara
Quit Claim Deed
related
—
Nov 3, 2004
$1,300,000
Henry Longoria
Durham Properties
Grant Deed
$750,000 · Durham Properties
Apr 16, 2003
$830,000
Durham Properties
Merklin Properties
Grant Deed
$747,000 · Merklin Properties
Oct 6, 1994
$225,000
Properties Merklin
Upland Limited
Grant Deed
related
—
Sep 23, 1993
$1,101,818
1320 Upland Ltd
Noriega Trust
Grant Deed
$275,000 · Seller
—
—
Longoria Family 2004 Trust
—
Deed Of Trust
related
$810,000 · Citibank West Fsb
—
—
Properties Merklin
—
Deed Of Trust
related
$850,000 · Bank Of America
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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