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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Manufacturing properties
229 Walker St Shafter, CA 93263-2170
Entity Owned
~
Est. High Equity
Property ID
US09-3326292
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1944
Construction
WOOD
Total area
11,550 SF
Lot
0.81 ac (35,283 SF)
Zoning code
BP
APN
027-070-13-00-4
UPID
US09-3326292
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
$625k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$770k
Blend (final)
Blend
$625k
Owner & transaction history
California High-speed Rail Authority
California High-speed Rail Authority
since 2026
Last sale
$625,000
7 recorded transactions
Zoning & alternative use
BP · Shafter, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$625,000
ML approach
$625,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $625k (Jan 18 2024)
Last sale anchor
$625k
Jan 18 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
$54 / 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
$3,369
Tax year 2023
Assessed value
$274,355
Assessed 2023
Previous assessed
$274,355
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$148,215
Assessed improvement
$126,140
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1944
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
11,550 SF
Lot
0.81 ac (35,283 SF)
Zoning code
BP
APN
027-070-13-00-4
UPID
US09-3326292
Jurisdiction
KERN
Zoning & alternative use
BP · Shafter, CA
Zoning BP · permitted uses
BP · 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.
Building & site characteristics
From public records
Year built
1944
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
California High-speed Rail Authority
Entity
Mailing address
103 N LINCOLN AVED94, MONTEREY PARK, CA 91755-1710
Ownership since
2026
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
Apr 23, 2026
—
California High-speed Rail Authority
Fuyuan He
Grant Deed
—
Jan 18, 2024
$625,000
Fuyuan He
A&a Investments Of California LLC
Grant Deed
$375,000 · Van Hanh Nguyen Profut Sharing Plan
May 15, 2023
—
A A Investments Of California
—
Deed
related
$130,000 · Black Sea Enterprises
Feb 6, 2023
—
A&a Investments Of California LLC
Ara Avetyants
Grant Deed
—
Jan 8, 2020
$261,000
Avetyants Ara
Cavalier Mills INC
Grant Deed
$200,000 · Vladislav Chernomoskiy
Jun 20, 2005
$125,000
Cavalier Mills INC
Shafter Concrete Pipe
Grant Deed
—
Jan 31, 1976
$29,000
Shafter Concrete Pipe Company
—
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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