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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Retail space
210 Central Ave, Shafter, CA 93263-2021
Individually Owned
4-yr Hold
Free & Clear
Property ID
US09-2482896
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1940
Construction
WOOD
Total area
5,000 SF
Lot
0.17 ac (7,405 SF)
Zoning code
DC
APN
027-250-11-00-0
UPID
US09-2482896
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
$735k
Comparable Approach
Comparable
$422k
Blend (final)
Blend
$590k
Owner & transaction history
Marcelino Zirangua · 4 yrs held
Marcelino Zirangua
since 2021
6 recorded transactions
Zoning & alternative use
DC · Shafter, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$795,000
+12.0%
Apartment house (5+ units)
$765,000
+7.4%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$800,000
6.5%
$735,000
7%
$685,000
Alternative Use
Use
Estimation
RETAIL STORES
$710,000
Current use
AUTO REPAIR, GARAGE
$795,000
Change: +12% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$765,000
Change: +7% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$675,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$118 / 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
$4,211
Tax year 2023
Assessed value
$357,000
Assessed 2023
Previous assessed
$357,000
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$61,200
Assessed improvement
$295,800
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
1940
Construction
WOOD
Heating
YES
Cooling
EVAPORATIVE
Stories
1
Units
2
Total area
5,000 SF
Lot
0.17 ac (7,405 SF)
Zoning code
DC
APN
027-250-11-00-0
UPID
US09-2482896
Jurisdiction
KERN
Zoning & alternative use
DC · Shafter, CA
Zoning DC · permitted uses
DC · Shafter, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shafter. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$710,000
AUTO REPAIR, GARAGE
Est. value
$795,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$765,000
INDUSTRIAL (GENERAL)
Est. value
$675,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1940
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Marcelino Zirangua
Individual
Free & Clear · 4 yrs held
Mailing address
2212 SPRINGFIELD AVE, BAKERSFIELD, CA 93304-7270
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2026
—
Marcelino Zirangua
—
Deed
related
$195,000 · Donald T And Donna M Toretta Revocable T
Sep 3, 2021
—
Marcelino Zirangua
Maria Guadalupe Fonseca
Grant Deed
—
Apr 18, 2014
—
Bharpur Singh
Brar,sinderpal
Quit Claim Deed
related
—
Apr 18, 2014
$340,000
Maria G Fonseca
Singh,bharpur
Grant Deed
$315,000 · Bharpur Singh
Jul 25, 2013
$225,000
Bharpur Singh
Jones,donald N JR & Louise F
Grant Deed
—
Apr 1, 1977
—
—
—
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.
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