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    Property profile & analytics

    242 Central Ave Shafter, CA 93263-2021

    • Grocery and convenience stores
    • 5,049 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $235,000
    Location Intelligence
    Property ID
    US09-3244865
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 242 Central Ave

    Year built
    1922
    Construction
    WOOD
    Lot size
    0.17 lot acres
    Property size
    5,049 SF
    Property type
    Grocery and convenience stores
    APN
    027-250-14-00-9
    APU
    2725014009

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shafter
    County
    Kern
    State
    California
    Longitude
    -119.276
    Latitude
    35.5013
    CBSA code
    12540
    CBSA name
    BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,717
    $63,854
    $163,344
    $227,198
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $730,000
      10,295 SF

      300 Shafter Ave

      GROCERY, SUPERMARKET • 10,295 SF
      300 Shafter Ave, Shafter, CA 93263-2638
      View Details
    • Value Estimation
      $735,000
      10,295 SF

      300 Shafter Ave

      GROCERY, SUPERMARKET • 10,295 SF
      300 Shafter Ave, Shafter, CA 93263-2638
      View Details
    • Value Estimation
      $435,000
      9,781 SF

      290 Sunset Ave

      GROCERY, SUPERMARKET • 9,781 SF
      290 Sunset Ave, Shafter, CA 93263
      View Details
    • Value Estimation by Request
      22,920 SF

      111 Central Vly Hwy

      GROCERY, SUPERMARKET • 22,920 SF
      111 Central Vly Hwy, Shafter, CA 93263-1961
      View Details
    • Value Estimation by Request
      2,928 SF

      770 Lerdo Hwy

      CONVENIENCE STORE (W/FUEL PUMP) • 2,928 SF
      770 Lerdo Hwy, Shafter, CA 93263-2410
      View Details
    • Value Estimation by Request
      1,300 SF

      545 Central Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,300 SF
      545 Central Ave, Shafter, CA 93263-2121
      View Details

    Similar Nearby for Sale

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      11.70 Acres

      Shafter Commercial Property with Acreage

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      8.70 Acres

      Prime Development Opportunity in Shafter

      8.7-acre development opportunity near Bakersfield, zoned and ready!
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    Similar Nearby for Lease

    • Contact for pricing
      5,400 SF

      Retail Space in Shafter Center

      Retail space available in a shopping center anchored by Ranch Market.
      460 E Ash Ave, Shafter, CA 93263
      View Details
    • Contact for pricing
      6,300 SF

      Retail Space in Shafter Center

      Retail space available in a shopping center anchored by The Ranch Market.
      201 Central Valley Hwy, Shafter, CA 93263
      View Details
    • Contact for pricing
      4,946 SF

      Shafter Ave Fast Food Site

      Prime Shafter location, build-to-suit opportunity.
      217 Shafter Ave, Shafter, CA 93263
      View Details
    • $0.55 SF/Yr
      245,669 SF

      Shafter Warehouse Sublease Opportunity

      Available warehouse sublease in Shafter, CA through August 2028.
      3601 Fanucchi Way, Shafter, CA 93263
      View Details
    • $10 SF/Yr
      129,465 SF

      Shafter Industrial Warehouse

      ±129,465 SF Warehouse, Lease/Sale
      0 Coberly Rd, Shafter, CA 93263
      View Details
    • Contact for pricing
      840,000 SF

      Shafter Industrial Campus: 840,000 SF

      Four industrial buildings, 800,000 SF available. Ideal for manufacturing & warehousing.
      3901 Fanucchi Way, Shafter, CA 93263
      View Details

    Property Visit Statistics

    • Visits by month
      18.8k
    • Visitors by month
      9.5k
    • Avg Time on site
      8 min
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    242 Central Ave
    Shafter, CA 93263-2021
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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