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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Grocery and convenience stores
27530 Hwy 119 Taft, CA 93268-9734
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-3659229
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1951
Construction
WOOD
Total area
3,685 SF
Lot
0.69 ac (30,056 SF)
Zoning code
C-2
APN
298-212-07-00-7
UPID
US09-3659229
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
$575k
CAP Approach
CAP
$560k
Comparable Approach
Comparable
$700k
Blend (final)
Blend
$585k
Owner & transaction history
Valley Acres Gas And Mart INC · 4 yrs held
Valley Acres Gas And Mart INC
since 2022
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
C-2 · Taft, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$775,000
+67.5%
Office building
$715,000
+54.0%
Auto repair, garage
$510,000
+10.3%
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
$635,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
$605,000
6.5%
$560,000
7%
$520,000
Alternative Use
Use
Estimation
RETAIL STORES
$465,000
Current use
MEDICAL BUILDING
$775,000
Change: +68% · Conversion: Difficult
OFFICE BUILDING
$715,000
Change: +54% · Conversion: Easy
AUTO REPAIR, GARAGE
$510,000
Change: +10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$435,000
Change: -6% · Conversion: Easy
WAREHOUSE, STORAGE
$420,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $600k (Feb 23 2022)
Last sale anchor
$600k
Feb 23 2022
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
$159 / 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
$6,062
Tax year 2023
Assessed value
$530,400
Assessed 2023
Previous assessed
$530,400
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$122,400
Assessed improvement
$408,000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1951
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
3,685 SF
Lot
0.69 ac (30,056 SF)
Zoning code
C-2
APN
298-212-07-00-7
UPID
US09-3659229
Jurisdiction
KERN
Zoning & alternative use
C-2 · Taft, CA
Zoning C-2 · permitted uses
C-2 · 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
RETAIL STORES Current
Est. value
$465,000
MEDICAL BUILDING
Est. value
$775,000
OFFICE BUILDING
Est. value
$715,000
AUTO REPAIR, GARAGE
Est. value
$510,000
COMMERCIAL (GENERAL)
Est. value
$435,000
WAREHOUSE, STORAGE
Est. value
$420,000
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
1951
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Valley Acres Gas And Mart INC
Entity
Mailing address
9004 SAINT CLOUD LN, BAKERSFIELD, CA 93311-1545
Ownership since
2022
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
Jan 24, 2025
—
Valley Acres Gas And Mart INC
—
Deed
related
—
Feb 23, 2022
$600,000
Valley Acres Gas And Mart INC
Valley Acres
Grant Deed
$1,045,000 · Commonwealth Business Bank
Jun 23, 2015
$800,000
Valley Acres INC
Valley Acre Property LLC
Grant Deed
$937,000 · Hanmi Bank
Mar 30, 2006
$470,000
Valley Acre Property LLC
Ister,umit
Grant Deed
$400,000 · Commonwealth Business Bank
Jan 18, 2005
—
Umit Ister
Ister,umit
Quit Claim Deed
related
—
Dec 3, 2004
—
Umit Ister
Ister,yusra
Quit Claim Deed
related
—
Dec 3, 2004
$295,000
Umit Ister
Singh,jaswant
Grant Deed
$221,000 · Southwest Community Bank
Jun 30, 2004
$174,000
Jaswant Singh
Stewart,douglas & Gloria
Grant Deed
$150,000 · Douglas & Gloria Stewart
Jun 30, 2004
—
Jaswant Singh
Badhesha,sukhjit K
Grant Deed
related
—
—
—
Valley Acre Property LLC
—
Deed Of Trust
related
$210,000 · Umit Ister
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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