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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Strip malls
2997 Desert St Rosamond, CA 93560-6168
Individually Owned
5-yr Hold
Free & Clear
Property ID
US09-3567766
Property summary
AI-generated overview
This 8,400 square foot, multi-tenant retail property in Rosamond, CA, is a stabilized investment opportunity. Located on Desert St., this Class B building boasts 100% occupancy with four long-term tenants under lease agreements for a remaining term of 3 years. Built in 1984, the single-story structure sits on a 22,650 square foot lot zoned C-2 (Kern County). The property features a modified lease type and a current Pro-Forma NOI of $74,247, resulting in a 7.58% cap rate. The asking price is $979,000, or $116.55 per square foot. Benefiting from a prime location near a US Post Office, elementary school, and Sheriff's substation, this property presents a strong, stable income stream for investors. The property's APN is 258-020-01 & 258-020-02 and is held in trust. No tenant credit rating information is available.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Construction
WOOD FRAME
Lot
0.21 ac (9,147 SF)
Zoning code
C-2 PD
APN
258-020-01-00-8
UPID
US09-3567766
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
$760k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$805k
Owner & transaction history
David Tiberi · 5 yrs held
David Tiberi
since 2021
Last sale
$855,000
2 recorded transactions
Zoning & alternative use
C-2 PD · Rosamond, 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 Rosamond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rosamond 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
$755,000
ML approach
$760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$805k
Range $725k – $886k · ±10% · vs last sale $855k (Jan 31 2025)
Last sale anchor
$855k
Jan 31 2025
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
—
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
$8,154
Tax year 2023
Assessed value
$45,016
Assessed 2023
Previous assessed
$45,016
+0.0% YoY
Effective rate
18.11%
On assessed value
Assessed land
$45,016
Applied tax rate
119.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Lot
0.21 ac (9,147 SF)
Zoning code
C-2 PD
APN
258-020-01-00-8
UPID
US09-3567766
Jurisdiction
KERN
Zoning & alternative use
C-2 PD · Rosamond, CA
Zoning C-2 PD · permitted uses
C-2 PD · Rosamond, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rosamond. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Lot
0.21 ac
Current owner
From public records · entity-resolved
David Tiberi
Individual
Free & Clear · 5 yrs held
Mailing address
41770 12TH ST WB, PALMDALE, CA 93551-1424
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2021
—
David Tiberi
Kathleen Tiberi
Intrafamily Transfer
related
—
Aug 20, 2001
—
Tiberi Trust
Tiberi,umberto & Kathleen
Quit Claim 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.
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