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Property profile & analytics
OFF-MARKET
Industrial land
2437 Webb Ave Lake Isabella, CA 93240
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US10-1374530
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Construction
WOOD FRAME
Lot
32.65 ac (1,422,234 SF)
Zoning code
M-1 PD FPS
APN
263-060-11-00-7
UPID
US10-1374530
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
Lucian Whitman · 10 yrs held
Lucian Whitman
since 2015
7 recorded transactions
Zoning & alternative use
M-1 PD FPS · Lake Isabella, 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 Lake Isabella submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Isabella 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
$1,188
Tax year 2024
Assessed value
$104,450
Assessed 2024
Previous assessed
$104,450
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$104,450
Applied tax rate
82.0000
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Lot
32.65 ac (1,422,234 SF)
Zoning code
M-1 PD FPS
APN
263-060-11-00-7
UPID
US10-1374530
Jurisdiction
KERN
Zoning & alternative use
M-1 PD FPS · Lake Isabella, CA
Zoning M-1 PD FPS · permitted uses
M-1 PD FPS · Lake Isabella, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Isabella. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Lot
32.65 ac
Current owner
From public records · entity-resolved
Lucian Whitman
Individual
Mailing address
PO BOX 943, LAKE ISABELLA, CA 93240-0943
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2015
$90,100
Lucian Whitman
Burnett,robert
Grant Deed
$70,000 · Robert Burnett
Oct 6, 2015
—
Robert Burnett
Burnett,karen B
Quit Claim Deed
related
—
Mar 4, 2002
$23,000
Robert Burnett
N R L L INC
Grant Deed
$17,250 · N R L L INC
Feb 5, 2001
$5,000
N R L L INC
Kern County (ca)
Grant Deed
—
May 10, 1995
$30,000
Federal Depository Ins Corp
Ritchie,bobby D
Trustees Deed
—
—
—
Valley Indu Kern
—
Deed Of Trust
related
$75,000 · Individual
—
—
Bobby D Ritchie
—
Deed Of Trust
related
$100,000 · Mendoza Jess E
—
—
Bobby D Ritchie
—
Deed Of Trust
related
$400,000 · Wind River Tradi
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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