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Property profile & analytics
FOR SALE
Grocery and convenience stores
16920 State Highway 14 Mojave, CA 93501
Individually Owned
12-yr Hold
Free & Clear
Property ID
US09-2483490
For Sale
1 / 2
$3,335,000
16920 State Highway 14, Mojave, CA 93501
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1983
Construction
WOOD
Total area
31,130 SF
Lot
2.85 ac (124,146 SF)
Zoning code
M2
APN
236-060-27-00-6
UPID
US09-2483490
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
$4.73M
Comparable Approach
Comparable
$4.55M
Blend (final)
Blend
$4.30M
Owner & transaction history
Markets Stater · 12 yrs held
Markets Stater
since 2014
3 recorded transactions
Zoning & alternative use
M2 · Mojave, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.6M
+67.5%
Office building
$6.0M
+54.0%
Apartment house (5+ units)
$4.6M
+18.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,125,000
6.5%
$4,730,000
7%
$4,395,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,915,000
Current use
MEDICAL BUILDING
$6,560,000
Change: +68% · Conversion: Difficult
OFFICE BUILDING
$6,030,000
Change: +54% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$4,640,000
Change: +18% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,320,000
Change: +10% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,950,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$4.30M
Range $3.87M – $4.73M · ±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
$138 / 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
$24,359
Tax year 2023
Assessed value
$2,016,900
Assessed 2023
Previous assessed
$2,016,900
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$252,145
Assessed improvement
$1,764,755
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Sale
Year built
1983
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
31,130 SF
Lot
2.85 ac (124,146 SF)
Zoning code
M2
APN
236-060-27-00-6
UPID
US09-2483490
Jurisdiction
KERN
Zoning & alternative use
M2 · Mojave, CA
Zoning M2 · permitted uses
M2 · 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
RETAIL STORES Current
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$6.6M
OFFICE BUILDING
Est. value
$6.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.6M
AUTO REPAIR, GARAGE
Est. value
$4.3M
INDUSTRIAL (GENERAL)
Est. value
$4.0M
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1983
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
2.85 ac
Current owner
From public records · entity-resolved
Markets Stater
Individual
Free & Clear · 12 yrs held
Mailing address
301 S TIPPECANOE AVE, SAN BERNARDINO, CA 92408-0121
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2014
$214,000
Markets Stater
Sbm Realty LLC
Grant Deed
—
Aug 10, 2010
—
Sbm Realty LLC
Cm Associates
Grant Deed
—
Jul 30, 2004
—
Vornado Sb 24 LP
Newkirk Carlane LP
Grant Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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