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Property profile & analytics
OFF-MARKET
Estimated value
$1,770,000
Office buildings
2234 Girard St Delano, CA 93215-3808
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US10-2308426
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1999
Construction
WOOD
Total area
9,012 SF
Lot
0.69 ac (30,056 SF)
Zoning code
GC
APN
410-070-35-00-2
UPID
US10-2308426
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
-
Social Security Administration Social Security Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.30M
CAP Approach
CAP
$1.70M
Comparable Approach
Comparable
$1.68M
Blend (final)
Blend
$1.77M
Owner & transaction history
Girard Street Investments LLC · 2 yrs held
Girard Street Investments LLC
since 2023
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
GC · Delano, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.8M
+60.1%
Medical building
$1.9M
+8.8%
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 Delano submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delano 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
$2,300,000
CAP Approach
CAP Return
Estimation
6%
$1,840,000
6.5%
$1,700,000
7%
$1,580,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,745,000
Current use
RESTAURANT
$2,795,000
Change: +60% · Conversion: Moderate
MEDICAL BUILDING
$1,900,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$1.77M
Range $1.59M – $1.95M · ±10% · vs last sale $1.85M (Dec 19 2023)
Last sale anchor
$1.85M
Dec 19 2023
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
$196 / 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
$22,272
Tax year 2023
Assessed value
$2,010,007
Assessed 2023
Previous assessed
$2,010,007
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$358,101
Assessed improvement
$1,651,906
Applied tax rate
2.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
FORCED AIR
Cooling
OTHER
Stories
1
Total area
9,012 SF
Lot
0.69 ac (30,056 SF)
Zoning code
GC
APN
410-070-35-00-2
UPID
US10-2308426
Jurisdiction
KERN
Zoning & alternative use
GC · Delano, CA
Zoning GC · permitted uses
GC · Delano, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Delano. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.7M
RESTAURANT
Est. value
$2.8M
MEDICAL BUILDING
Est. value
$1.9M
OFFICE BUILDING Current
RESTAURANT
MEDICAL 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
1999
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Girard Street Investments LLC
Entity
Mailing address
1301 MERITAGE CT, BAKERSFIELD, CA 93314
Ownership since
2023
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
Jul 21, 2025
—
Girard Street Investments LLC
—
Deed
related
$1,875,000 · Valley First Cu
Dec 19, 2023
$1,850,000
Girard Street Investments LLC
Ink LLC
Grant Deed
$1,387,500 · Altaone FCU
Mar 1, 2016
—
Ink LLC
Ivancovich Family Trust
Quit Claim Deed
—
Mar 25, 2015
$1,740,000
Ivancovich Family Trust|kausen,scott & L Family Tr
Seagulls LLC
Grant Deed
—
Dec 5, 2011
—
Jeffrey A Grijalva
Grijalva,lupe
Affidavit Of Death
related
—
May 31, 2002
$384,500
Seigle Trust
Delano Ssa Partners Ca Gp
Grant Deed
—
—
—
Seagulls LLC
—
Deed Of Trust
related
$1,000,000 · Marietti Trust
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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