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Property profile & analytics
OFF-MARKET
Retail space
203 Central Ave Shafter, CA 93263-2020
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-0097067
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1946
Construction
WOOD
Total area
4,800 SF
Lot
0.17 ac (7,405 SF)
Zoning code
C2
APN
027-160-08-00-6
UPID
US09-0097067
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Baljit S Nirwan · 6 yrs held
Baljit S Nirwan
since 2020
Last sale
$200,000
7 recorded transactions
Zoning & alternative use
C2 · Shafter, CA
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 Shafter submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shafter 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,747
Tax year 2023
Assessed value
$403,651
Assessed 2023
Previous assessed
$403,651
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$62,019
Assessed improvement
$341,632
Applied tax rate
6.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1946
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
4,800 SF
Lot
0.17 ac (7,405 SF)
Zoning code
C2
APN
027-160-08-00-6
UPID
US09-0097067
Jurisdiction
KERN
Zoning & alternative use
C2 · Shafter, CAZoning C2 · permitted uses
C2 · Shafter, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Ordinance
Building & site characteristics
From public records
Year built
1946
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Baljit S Nirwan
Individual
Mailing address
7113 BLAZE ROSE ST, BAKERSFIELD, CA 93313-5528
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2021
—
Baljit S Nirwan
—
Deed
related
$270,000 · Mission Bank
Jun 19, 2020
—
Baljit S Nirwan
Shinda Upple
Quit Claim Deed
related
—
Jul 27, 2018
—
Shinda Upple
—
Deed
related
$850,000 · Farm Credit Svcs
Jun 19, 2018
—
Shinda Upple
—
Deed
related
$40,000 · Mission Bank
Jan 17, 2018
$200,000
Shinda Upple
Nirwan,baljit S
Grant Deed
—
Jan 17, 2018
—
Shinda Upple
Upple,paramjeet K
Quit Claim Deed
related
—
Jun 20, 2017
—
Baljit Singh Nirwan
Baljit Singh Nirwan
Intrafamily Transfer
related
$200,000 · Mission Bank
Sep 23, 2016
—
Baljit S Nirwan
—
Deed
related
$150,000 · Mulder Family Trust (pt)
Jul 14, 2005
$268,500
Baljit S Nirwan
Salvation Army
Grant Deed
$161,000 · Elmer F Karpe INC
—
—
Baljit S Nirwan
—
Deed Of Trust
related
$150,000 · Mulder Family Trust (pt)
—
—
Shinda Upple
—
Deed Of Trust
related
$850,000 · Farm Credit Svcs
—
—
Baljit S Nirwan
—
Deed Of Trust
related
$230,250 · Interbay Funding LLC
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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