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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Drive through restaurants
16862 State Hwy 14 Mojave, CA 93501-1200
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US10-2698408
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1982
Construction
WOOD
Total area
1,949 SF
Lot
0.36 ac (15,681 SF)
Zoning code
M2/PD/FPS
APN
236-060-21-00-8
UPID
US10-2698408
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
$632k
Blend (final)
Blend
$580k
Owner & transaction history
Juan J C Tavera · 5 yrs held
Juan J C Tavera
since 2020
Last sale
$497,500
7 recorded transactions
Zoning & alternative use
M2/PD/FPS · Mojave, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$670,000
+11.3%
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 Mojave submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mojave 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
$655,000
ML approach
$620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$605,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$670,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $498k (Nov 17 2020)
Last sale anchor
$498k
Nov 17 2020
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
$298 / 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
$6,267
Tax year 2023
Assessed value
$518,118
Assessed 2023
Previous assessed
$518,118
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$45,777
Assessed improvement
$472,341
Applied tax rate
94.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1982
Construction
WOOD
Heating
NONE
Units
10
Total area
1,949 SF
Lot
0.36 ac (15,681 SF)
Zoning code
M2/PD/FPS
APN
236-060-21-00-8
UPID
US10-2698408
Jurisdiction
KERN
Zoning & alternative use
M2/PD/FPS · Mojave, CA
Zoning M2/PD/FPS · permitted uses
M2/PD/FPS · Mojave, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mojave. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$605,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$670,000
RESTAURANT Current
NEIGHBORHOOD: SHOPPING CENTER
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
NONE
Units
10
Lot
0.36 ac
Current owner
From public records · entity-resolved
Juan J C Tavera
Individual
Mailing address
43912 SAN FRANCISCO AVE, LANCASTER, CA 93535-5888
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2023
—
Juan Jose Contreras Tavera
—
Deed
related
$380,000 · Epib Burgers INC
Sep 8, 2021
—
Juan Jose Contreras Tavera
—
Deed
related
$272,250 · Wells Fargo Bank NA
Nov 17, 2020
—
Juan J C Tavera
Juana C Contreras
Quit Claim Deed
related
—
Nov 17, 2020
$497,500
Juan J C Tavera
Doo H Yoon
Grant Deed
$300,000 · Larry Ross
Oct 8, 2014
$3,600,000
Doo H Yoon
Ja Choi Young
Grant Deed
$2,000,000 · Keb La Financial Corp
Jun 30, 2014
—
Young J A Choi
Choi,hwa S
Affidavit Of Death
related
—
Jul 19, 2006
$3,400,000
Hwa S Choi
Mountain View Capital
Grant Deed
$2,210,000 · Hanmi Bank
Mar 18, 2002
—
Mountain View Capital LP
Mountain View Plaza LLC
Quit Claim Deed
related
—
Aug 28, 1998
—
Mountain View Plaza LLC
Rancon Realty Fund I
Grant Deed
related
—
—
—
Hwa S Choi
—
Deed Of Trust
related
$2,100,000 · Hanmi Bank
—
—
Hwa S Choi
—
Deed Of Trust
related
$50,000 · Susan Y Kim
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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