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Property profile & analytics
FOR SALE
Drive through restaurants
230 Federal Dr Lancaster, CA 93535
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9325754
For Sale
1 / 5
$419,999
230 Federal Dr, Lancaster, CA 93535
View Listing →
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2007
Construction
WOOD
Total area
304 SF
Lot
0.12 ac (5,204 SF)
Zoning code
LRSP
APN
3126-027-143
UPID
US09-9325754
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
Sophia Phim · 6 yrs held
Sophia Phim
since 2019
7 recorded transactions
Zoning & alternative use
LRSP · Lancaster, 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 Lancaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lancaster 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 2024Property tax & assessments
Tax year 2024
Tax billed
$5,209
Tax year 2024
Assessed value
$192,992
Assessed 2024
Previous assessed
$192,992
+0.0% YoY
Effective rate
2.70%
On assessed value
Assessed land
$107,219
Assessed improvement
$85,773
Applied tax rate
5.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Sale
Year built
2007
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Units
1
Total area
304 SF
Lot
0.12 ac (5,204 SF)
Zoning code
LRSP
APN
3126-027-143
UPID
US09-9325754
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LRSP · Lancaster, CA
Zoning LRSP · permitted uses
LRSP · Lancaster, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lancaster. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Sophia Phim
Individual
Mailing address
7531 RDG VW DR, LANCASTER, CA 93536-7390
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 9, 2024
—
Sophia Phirn
—
Deed
related
$146,000 · Sumruld Family LP
Jul 29, 2019
$180,000
Sophia Phim
Tulip Real Estate LLC
Grant Deed
—
May 18, 2016
—
Tulip Real Estate LLC
Amdt Corp
Quit Claim Deed
related
—
May 4, 2012
$100,000
Amdt Corp
Kelly M B Family Trust
Grant Deed
—
Mar 7, 2011
—
Kelly M B Family Trust
Storybook Properties LLC
Deed In Lieu Of Foreclosure
related
—
Oct 25, 2007
—
Storybook Properties INC
—
Trustees Deed
related
$85,000 · Kelly M B Family Trust
Nov 29, 2005
—
Gerald D Hagemeier
Hagemeier,tiffany N
Quit Claim Deed
related
—
Nov 29, 2005
$55,000
Storybook Properties INC
Hagemeier,gerald D
Grant Deed
—
Jun 20, 2005
$30,000
Gerald D Hagemeier
Vff Commercial Properties LLC
Grant Deed
—
—
—
Storybook Properties INC
—
Deed Of Trust
related
$90,000 · Kelly M B Family 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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