Back to Search
Property profile & analytics
OFF-MARKET
Warehouses
28903 Lerdo Hwy Shafter, CA 93263
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-2851536
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1970
Construction
WOOD
Total area
2,400 SF
Lot
1.53 ac (66,646 SF)
Zoning code
A1
APN
088-110-49-01-4
UPID
US09-2851536
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
Rafael Garcia · 4 yrs held
Rafael Garcia
since 2021
Last sale
$260,500
7 recorded transactions
Zoning & alternative use
A1 · Shafter, 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 Shafter submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shafter 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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,172
Tax year 2023
Assessed value
$266,220
Assessed 2023
Previous assessed
$266,220
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$204,000
Assessed improvement
$62,220
Applied tax rate
89.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1970
Construction
WOOD
Heating
YES
Cooling
YES
Total area
2,400 SF
Lot
1.53 ac (66,646 SF)
Zoning code
A1
APN
088-110-49-01-4
UPID
US09-2851536
Jurisdiction
KERN
Zoning & alternative use
A1 · Shafter, CA
Zoning A1 · permitted uses
A1 · Shafter, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shafter. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
WOOD
Heating
YES
Cooling
Yes
Lot
1.53 ac
Current owner
From public records · entity-resolved
Rafael Garcia
Individual
Mailing address
1233 G ST, WASCO, CA 93280-2358
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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 27, 2021
$260,500
Rafael Garcia
Josephine B Granat
Grant Deed
—
Oct 27, 2021
—
Felipe Garcia
Manuelita Garcia
Intrafamily Transfer
related
$210,000 · Marshal Martin Revocable Trust
Feb 1, 2018
—
Granat,josephine B Trust
—
Deed
related
$38,000 · Florida Fsb
Jun 27, 2014
—
Robert Granat
Granat,robert J SR
Affidavit Of Death
related
—
Jun 20, 2011
—
Granat Josephine B Trust
Granat,josephine B
Quit Claim Deed
related
—
Sep 6, 2005
—
Dan Hammett
Hammett,barbara J
Affidavit Of Death
related
—
—
—
Granat,josephine B Trust
—
Deed Of Trust
related
$38,000 · Florida Fsb
Feb 28, 1965
—
—
—
Grant Deed
related
—
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 28903 Lerdo Hwy?
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.
