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Property profile & analytics
OFF-MARKET
Estimated value
$6,110,000
Manufacturing properties
31127 Coberly Rd Shafter, CA 93263-9702
Entity Owned
3-yr Hold
Free & Clear
Property ID
US09-2817838
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2009
Construction
WOOD
Total area
35,125 SF
Lot
20.7 ac (901,692 SF)
Zoning code
M-2
APN
090-340-37-00-4
UPID
US09-2817838
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
$5.42M
CAP Approach
CAP
$5.52M
Comparable Approach
Comparable
$8.21M
Blend (final)
Blend
$6.11M
Owner & transaction history
31127 Coberly Road LLC · 3 yrs held
31127 Coberly Road LLC
since 2023
Last sale
$6.8M
2 recorded transactions
Zoning & alternative use
M-2 · Shafter, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$8.0M
+69.6%
Office building
$7.4M
+56.6%
Auto repair, garage
$5.6M
+18.1%
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
Method
Estimation
Statistic approach
by Request
ML approach
$5,415,000
CAP Approach
CAP Return
Estimation
6%
$5,975,000
6.5%
$5,515,000
7%
$5,125,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,735,000
Current use
MEDICAL BUILDING
$8,030,000
Change: +70% · Conversion: Difficult
OFFICE BUILDING
$7,415,000
Change: +57% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,595,000
Change: +18% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$5,365,000
Change: +13% · Conversion: Difficult
RETAIL STORES
$4,995,000
Change: +5% · Conversion: Moderate
Blend value · Realmo final
$6.11M
Range $5.50M – $6.72M · ±10% · vs last sale $6.75M (Jun 2 2023)
Last sale anchor
$6.75M
Jun 2 2023
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
$174 / 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
$68,498
Tax year 2023
Assessed value
$5,749,698
Assessed 2023
Previous assessed
$5,749,698
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$2,344,021
Assessed improvement
$3,405,677
Applied tax rate
114.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2009
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
35,125 SF
Lot
20.7 ac (901,692 SF)
Zoning code
M-2
APN
090-340-37-00-4
UPID
US09-2817838
Jurisdiction
KERN
Zoning & alternative use
M-2 · Shafter, CA
Zoning M-2 · permitted uses
M-2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.7M
MEDICAL BUILDING
Est. value
$8.0M
OFFICE BUILDING
Est. value
$7.4M
AUTO REPAIR, GARAGE
Est. value
$5.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.4M
RETAIL STORES
Est. value
$5.0M
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2009
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
20.7 ac
Current owner
From public records · entity-resolved
31127 Coberly Road LLC
Entity
Free & Clear · 3 yrs held
Mailing address
134TH W 168TH ST, GARDENA, CA 90248-2729
Ownership since
2023
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
Jun 2, 2023
$6,750,000
31127 Coberly Road LLC
Lufkin Us Acquisition Company LLC
Grant Deed
—
Mar 14, 2008
—
Lufkin Industries INC
Howze Noble Family Trust
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.
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