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Property profile & analytics
OFF-MARKET
Estimated value
$1,925,000
Office buildings
375 Dover Pkwy Delano, CA 93215-3438
Entity Owned
12-yr Hold
Free & Clear
Property ID
US09-3879683
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2019
Construction
WOOD FRAME
Total area
9,490 SF
Lot
0.68 ac (29,620 SF)
Zoning code
GC
APN
422-010-28-00-1
UPID
US09-3879683
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
Current use
Occupant on record · Public records
-
Gleam by gigi Hair Salon Nail Salon
-
Recovery Credit Repair, Inc. Financial Advisor
-
Synergy Group Loan Service Bank
-
Farmers Insurance - Consuelo Torres Insurance Agency
-
Majestic Palm Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.79M
Comparable Approach
Comparable
$2.32M
Blend (final)
Blend
$1.93M
Owner & transaction history
As Om Coml Realestate LLC · 12 yrs held
As Om Coml Realestate LLC
since 2013
3 recorded transactions
Zoning & alternative use
GC · Delano, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.9M
+60.1%
Medical building
$2.0M
+8.8%
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 Delano submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delano 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%
$1,940,000
6.5%
$1,790,000
7%
$1,660,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,840,000
Current use
RESTAURANT
$2,940,000
Change: +60% · Conversion: Moderate
MEDICAL BUILDING
$2,000,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$1.93M
Range $1.73M – $2.12M · ±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
$203 / 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
$16,737
Tax year 2023
Assessed value
$1,510,503
Assessed 2023
Previous assessed
$1,510,503
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$56,552
Assessed improvement
$1,453,951
Applied tax rate
2.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2019
Construction
WOOD FRAME
Heating
YES
Cooling
OTHER
Stories
1
Units
3
Total area
9,490 SF
Lot
0.68 ac (29,620 SF)
Zoning code
GC
APN
422-010-28-00-1
UPID
US09-3879683
Jurisdiction
KERN
Zoning & alternative use
GC · Delano, CA
Zoning GC · permitted uses
GC · Delano, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Delano. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.8M
RESTAURANT
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.0M
OFFICE BUILDING Current
RESTAURANT
MEDICAL BUILDING
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
2019
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
3
Lot
0.68 ac
Current owner
From public records · entity-resolved
As Om Coml Realestate LLC
Entity
Free & Clear · 12 yrs held
Mailing address
11606 HARRINGTON ST, BAKERSFIELD, CA 93311-9273
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2020
—
Om Commercial Realestate LLC
—
Deed
related
$1,500,000 · Citizens Business Bank
Sep 26, 2013
$80,000
As Om Coml Realestate LLC
Maximus III Co
Grant Deed
—
—
—
Maximus III Co
—
Deed Of Trust
related
$100,000 · City Of Delano
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
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