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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Industrial properties
1626 Kern St, Taft, CA 93268-4608
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-3347303
Property profile
Verified
Property type
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Year built
1989
Construction
WOOD
Total area
3,600 SF
Lot
5.03 ac (219,106 SF)
Zoning code
M-2 PD
APN
198-140-23-00-0
UPID
US09-3347303
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
$340k
CAP Approach
CAP
$680k
Comparable Approach
Comparable
$686k
Blend (final)
Blend
$510k
Owner & transaction history
M & H Properties LLC · 10 yrs held
M & H Properties LLC
since 2016
1 recorded transaction
Zoning & alternative use
M-2 PD · Taft, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$760,000
+66.0%
Office building
$695,000
+52.6%
Auto repair, garage
$500,000
+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
by Request
ML approach
$340,000
CAP Approach
CAP Return
Estimation
6%
$740,000
6.5%
$680,000
7%
$635,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$455,000
Current use
MEDICAL BUILDING
$760,000
Change: +66% · Conversion: Difficult
OFFICE BUILDING
$695,000
Change: +53% · Conversion: Difficult
AUTO REPAIR, GARAGE
$500,000
Change: +9% · Conversion: Easy
RETAIL STORES
$455,000
Change: -1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$425,000
Change: -7% · Conversion: Difficult
WAREHOUSE, STORAGE
$410,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$142 / 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
$4,212
Tax year 2023
Assessed value
$368,538
Assessed 2023
Previous assessed
$368,538
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$256,009
Assessed improvement
$112,529
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
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
YES
Cooling
YES
Total area
3,600 SF
Lot
5.03 ac (219,106 SF)
Zoning code
M-2 PD
APN
198-140-23-00-0
UPID
US09-3347303
Jurisdiction
KERN
Zoning & alternative use
M-2 PD · Taft, CA
Zoning M-2 PD · permitted uses
M-2 PD · 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
$455,000
MEDICAL BUILDING
Est. value
$760,000
OFFICE BUILDING
Est. value
$695,000
AUTO REPAIR, GARAGE
Est. value
$500,000
RETAIL STORES
Est. value
$455,000
COMMERCIAL (GENERAL)
Est. value
$425,000
WAREHOUSE, STORAGE
Est. value
$410,000
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1989
Construction
WOOD
Heating
YES
Cooling
Yes
Lot
5.03 ac
Current owner
From public records · entity-resolved
M & H Properties LLC
Entity
Mailing address
921 S MCCLELLAND ST, SANTA MARIA, CA 93454-6617
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2016
$1,100,000
M & H Properties LLC
Jerico Dev INC
Grant Deed
$825,000 · Community Bk/santa Maria
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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