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Property profile & analytics
OFF-MARKET
Estimated value
$2,610,000
Manufacturing properties
27506 Hwy 119th 119, Taft, CA 93268-9734
Trust Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0053319
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1947
Construction
WOOD
Total area
22,070 SF
Lot
6.9 ac (300,564 SF)
Zoning code
M1 (M1 FPS
APN
298-212-01-00-9
UPID
US09-0053319
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
$3.61M
Blend (final)
Blend
$2.61M
Owner & transaction history
Whaley S B & K D Family Trust · 15 yrs held
Whaley S B & K D Family Trust
since 2011
6 recorded transactions
Zoning & alternative use
M1 (M1 FPS · Taft, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.3M
+52.6%
Apartment house (5+ units)
$3.3M
+17.4%
Auto repair, garage
$3.1M
+9.3%
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 Taft submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Taft 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,800,000
Current use
OFFICE BUILDING
$4,275,000
Change: +53% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,290,000
Change: +17% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,060,000
Change: +9% · Conversion: Easy
RETAIL STORES
$2,775,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$2.61M
Range $2.35M – $2.87M · ±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
$118 / 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
$22,162
Tax year 2023
Assessed value
$1,939,121
Assessed 2023
Previous assessed
$1,939,121
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$349,162
Assessed improvement
$1,589,959
Applied tax rate
124.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1947
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Total area
22,070 SF
Lot
6.9 ac (300,564 SF)
Zoning code
M1 (M1 FPS
APN
298-212-01-00-9
UPID
US09-0053319
Jurisdiction
KERN
Zoning & alternative use
M1 (M1 FPS · Taft, CA
Zoning M1 (M1 FPS · permitted uses
M1 (M1 FPS · Taft, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Taft. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.8M
OFFICE BUILDING
Est. value
$4.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$3.1M
RETAIL STORES
Est. value
$2.8M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
RETAIL STORES
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
1947
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Lot
6.9 ac
Current owner
From public records · entity-resolved
Whaley S B & K D Family Trust
Trust
Mailing address
8200 HWY 10TH #331, BAKERSFIELD, CA 93311
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2011
$1,600,000
Whaley S B & K D Family Trust
Kearney Properties INC
Grant Deed
$1,200,000 · Mission Bank
Mar 6, 2006
$1,250,000
Kearney Properties INC
Morton Trust
Grant Deed
—
Jul 31, 1998
$166,681
Morton Trust
Morton Recylcing INC
Grant Deed
related
$675,000 · Individual
—
—
Elite Property Investments LLC
—
Deed Of Trust
related
$865,000 · Mid State Development
—
—
Elite Property Investments LLC
—
Deed Of Trust
related
—
—
—
Morton,tr
—
Deed Of Trust
related
$515,000 · Yosemite Mortgage Fund LLC
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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