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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Medical Office Space
20111 Vly Blvd Tehachapi, CA 93561-8747
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-2751558
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2006
Construction
WOOD
Total area
3,060 SF
Lot
0.24 ac (10,454 SF)
Zoning code
C-2 PD
APN
468-071-16-00-5
UPID
US09-2751558
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
-
tehachapi doctor Physician
-
Sandhu Jasbir S MD Physician Medical Clinic
-
SummitMD Dermatology Tehachapi Medical Clinic Skin Care Clinic
-
Daniel Taheri Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$950k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$888k
Blend (final)
Blend
$950k
Owner & transaction history
Tehachapi Valley Healthcare Distric · 2 yrs held
Tehachapi Valley Healthcare Distric
since 2024
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
C-2 PD · Tehachapi, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+63.7%
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 Tehachapi submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tehachapi 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
$950,000
ML approach
$950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$645,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,055,000
Change: +64% · Conversion: Difficult
OFFICE BUILDING
$595,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $950k (Mar 14 2024)
Last sale anchor
$950k
Mar 14 2024
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
$310 / 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
$9,025
Tax year 2023
Assessed value
$788,984
Assessed 2023
Previous assessed
$788,984
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$60,117
Assessed improvement
$728,867
Applied tax rate
125.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
YES
Cooling
OTHER
Stories
1
Total area
3,060 SF
Lot
0.24 ac (10,454 SF)
Zoning code
C-2 PD
APN
468-071-16-00-5
UPID
US09-2751558
Jurisdiction
KERN
Zoning & alternative use
C-2 PD · Tehachapi, CAZoning C-2 PD · permitted uses
C-2 PD · Tehachapi, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$645,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
OFFICE BUILDING
Est. value
$595,000
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
2006
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Tehachapi Valley Healthcare Distric
Individual
Mailing address
116 WE ST, TEHACHAPI, CA 93561-1608
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2024
$950,000
Tehachapi Valley Healthcare Distric
Erlan R Orkiz
Grant Deed
—
Oct 9, 2017
—
Reyna-orkiz,erlan R O & Ana R Trust
Orkiz,erlan R
Quit Claim Deed
related
—
Sep 10, 2003
$44,000
Erlan R Orkiz
Lange,david L & Victoria L
Grant Deed
$35,200 · Bank Of The Sierra
Dec 17, 1998
$40,000
Lange,david L & Victoria L
Wheaton Trust
Trustees Deed
$30,000 · Seller
Dec 17, 1998
—
Lange,david L & Victoria L
Dooley,duane L & Mary F
Trustees Deed
related
—
—
—
Erlan R Orkiz
—
Deed Of Trust
related
$536,000 · Heritage Bank Of Commerce
—
—
Erlan R Orkiz
—
Deed Of Trust
related
$464,800 · Bank Of The West
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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