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Property profile & analytics
OFF-MARKET Estimated value $290,000
Retail space

161 Central Ave Shafter, CA 93263-2018

10,425 SF 0.26 ac lot Built 1942
Individually Owned 12-yr Hold ~ Est. High Equity
Property ID
US10-3269526
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1942
Construction WOOD
Total area 10,425 SF
Lot 0.26 ac (11,325 SF)
Zoning code DC
APN 027-150-20-00-7
UPID US10-3269526
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
$863k
Blend (final) Blend
$290k
Owner & transaction history
Maria A Gerardo · 12 yrs held
Maria A Gerardo
since 2013
7 recorded transactions
2016
Price N/A
2013
$275,000
2013
Price N/A
2005
Price N/A
2003
$480,000
2002
Price N/A
1969
Price N/A
Zoning & alternative use
DC · Shafter, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Downtown Commercial (DC) District Business Park (BP) District Industrial (I) District Agricultural (A) District 2. Determination of Zone District Boundaries a. Wherever a lot or site is divided by a boundary between differing districts, the regulations applicable within each district shall apply to each portion of the site within that district. b. The follow…

Zone name Downtown Commercial
General category COMMERCIAL
Zone area 29.17 ac
Source Zoning Ordinance
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