Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Retail space
2301 Hwy 46 Wasco, CA 93280-1167
Entity Owned
Free & Clear
Property ID
US09-3071867
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1987
Construction
WOOD
Total area
4,700 SF
Lot
0.53 ac (23,086 SF)
Zoning code
C-R
APN
488-040-08-00-2
UPID
US09-3071867
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
$715k
Comparable Approach
Comparable
$783k
Blend (final)
Blend
$700k
Owner & transaction history
CHIEF AUTO PARTS INC
CHIEF AUTO PARTS INC
Zoning & alternative use
C-R · Wasco, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The C-R zone provides for larger clusters of commercial establishments serving community center retail including general merchandise, variety, specialty stores, larger scale retailers and uses oriented to highways in the community
Zone name
Community Retail Commercial
General category
COMMERCIAL
Zone area
294.95 ac
Source
Realmo
Top alternative use upside
Medical building
$990,000
+117.5%
Office building
$910,000
+99.9%
Auto repair, garage
$650,000
+43.2%
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 Wasco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wasco 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%
$775,000
6.5%
$715,000
7%
$665,000
Alternative Use
Use
Estimation
RETAIL STORES
$455,000
Current use
MEDICAL BUILDING
$990,000
Change: +118% · Conversion: Difficult
OFFICE BUILDING
$910,000
Change: +100% · Conversion: Easy
AUTO REPAIR, GARAGE
$650,000
Change: +43% · Conversion: Difficult
COMMERCIAL (GENERAL)
$560,000
Change: +22% · Conversion: Easy
WAREHOUSE, STORAGE
$540,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$149 / 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
$9,053
Tax year 2023
Assessed value
$791,079
Assessed 2023
Previous assessed
$791,079
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$285,883
Assessed improvement
$505,196
Applied tax rate
7.0000
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
1987
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
4,700 SF
Lot
0.53 ac (23,086 SF)
Zoning code
C-R
APN
488-040-08-00-2
UPID
US09-3071867
Jurisdiction
KERN
Zoning & alternative use
C-R · Wasco, CAZoning C-R · permitted uses
C-R · Wasco, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The C-R zone provides for larger clusters of commercial establishments serving community center retail including general merchandise, variety, specialty stores, larger scale retailers and uses oriented to highways in the community
Zone name
Community Retail Commercial
General category
COMMERCIAL
Zone area
294.95 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$455,000
MEDICAL BUILDING
Est. value
$990,000
OFFICE BUILDING
Est. value
$910,000
AUTO REPAIR, GARAGE
Est. value
$650,000
COMMERCIAL (GENERAL)
Est. value
$560,000
WAREHOUSE, STORAGE
Est. value
$540,000
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1987
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
CHIEF AUTO PARTS INC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 2198, MEMPHIS, TN 38101-2198
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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?”
You own 2301 Hwy 46?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
