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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Medical Office Space
21031 Constitution Dr California City, CA 93505-3013
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5045553
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
2014
Construction
WOOD FRAME
Total area
4,098 SF
Lot
0.29 ac (12,632 SF)
Zoning code
C5
APN
208-393-01-00-2
UPID
US09-5045553
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
$375k
CAP Approach
CAP
$500k
Comparable Approach
Comparable
$537k
Blend (final)
Blend
$555k
Owner & transaction history
Cebu Capital Holdings LLC · 13 yrs held
Cebu Capital Holdings LLC
since 2013
3 recorded transactions
Zoning & alternative use
C5 · California City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ARTICLE 19. C5 REGIONAL COMMERCIAL DISTRICT 9-2.1900. Purpose. The Regional Commercial District as designated in the General Plan is intended for the exclusive establishment of commercial uses serving the region and traveling public. 9-2.1901. Permitted Uses. The following are permitted in the C5 District:
Zone name
Regional Commercial
General category
COMMERCIAL
Zone area
119.78 ac
Source
CITY OF
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 California City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs California City 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
$375,000
CAP Approach
CAP Return
Estimation
6%
$540,000
6.5%
$500,000
7%
$465,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$865,000
Current use
OFFICE BUILDING
$795,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$135 / 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
$8,061
Tax year 2023
Assessed value
$702,914
Assessed 2023
Previous assessed
$702,914
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$54,443
Assessed improvement
$648,471
Applied tax rate
11.0000
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
DENTAL BUILDING
Status
Off-Market
Year built
2014
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
OTHER
Stories
1
Total area
4,098 SF
Lot
0.29 ac (12,632 SF)
Zoning code
C5
APN
208-393-01-00-2
UPID
US09-5045553
Jurisdiction
KERN
Zoning & alternative use
C5 · California City, CAZoning C5 · permitted uses
C5 · California City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ARTICLE 19. C5 REGIONAL COMMERCIAL DISTRICT 9-2.1900. Purpose. The Regional Commercial District as designated in the General Plan is intended for the exclusive establishment of commercial uses serving the region and traveling public. 9-2.1901. Permitted Uses. The following are permitted in the C5 District:
Zone name
Regional Commercial
General category
COMMERCIAL
Zone area
119.78 ac
Source
CITY OF
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$865,000
OFFICE BUILDING
Est. value
$795,000
MEDICAL BUILDING Current
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
2014
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Cebu Capital Holdings LLC
Entity
Free & Clear · 13 yrs held
Mailing address
7330 SVL BOX, VICTORVILLE, CA 92395-5155
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
Jun 19, 2013
$46,000
Cebu Capital Holdings LLC
He Aaron Dev Co
Grant Deed
related
—
—
—
Cebu Capital Holdings LLC
—
Deed Of Trust
related
$384,000 · Bank Of America
—
—
Cebu Capital Holdings LLC
—
Deed Of Trust
related
$96,000 · Bank Of America
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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