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Property profile & analytics
OFF-MARKET
Estimated value
$1,080,000
Investment properties
421 High St Delano, CA 93215-3509
Individually Owned
4-yr Hold
Free & Clear
Property ID
US09-3225797
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1942
Construction
WOOD
Total area
9,001 SF
Lot
0.72 ac (31,363 SF)
Zoning code
GC
APN
037-010-03-00-0
UPID
US09-3225797
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
-
Richard's Video & Sound Services Computer & Electronic Repair Tech Support Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.31M
Comparable Approach
Comparable
$878k
Blend (final)
Blend
$1.08M
Owner & transaction history
James Sevier · 4 yrs held
James Sevier
since 2022
5 recorded transactions
Zoning & alternative use
GC · Delano, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.7M
+63.2%
Apartment house (5+ units)
$1.3M
+25.6%
Auto repair, garage
$1.3M
+16.9%
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%
$1,420,000
6.5%
$1,310,000
7%
$1,215,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,070,000
Current use
OFFICE BUILDING
$1,745,000
Change: +63% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,340,000
Change: +26% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,250,000
Change: +17% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,145,000
Change: +7% · Conversion: Moderate
Blend value · Realmo final
$1.08M
Range $972k – $1.19M · ±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
$120 / 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
$5,729
Tax year 2023
Assessed value
$501,610
Assessed 2023
Previous assessed
$501,610
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$192,736
Assessed improvement
$308,874
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1942
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
5
Total area
9,001 SF
Lot
0.72 ac (31,363 SF)
Zoning code
GC
APN
037-010-03-00-0
UPID
US09-3225797
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
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1942
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
5
Lot
0.72 ac
Current owner
From public records · entity-resolved
James Sevier
Individual
Free & Clear · 4 yrs held
Mailing address
3005 SUNRAY CT, BAKERSFIELD, CA 93308-5656
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2022
—
James Sevier
James L Sevier
Intrafamily Transfer
related
—
Jun 17, 2015
$420,000
James L Sevier
Sevier Donald C
Grant Deed
related
$420,000 · Donald C Sevier
Jan 4, 1994
—
Donald C Sevier
Sevier,linda C
Quit Claim Deed
related
—
Jan 4, 1994
$157,000
Sevier,donald C
Sevier,donald
Trustees Deed
related
$66,850 · Individual
May 31, 1975
—
—
—
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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