Technical
Financial
Distress signals
Property profile

480 1st Ave Delano, CA 93215

OFF-MARKET
Warehouses
Property ID
US09-0058642
89,250 SF 4.49 ac lot Built 2003
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2003
Construction WOOD
Total area 89,250 SF
Lot 4.49 ac (195,584 SF)
Zoning code C1
APN 422-050-17-00-1
UPID US09-0058642

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Storage Facility
  • Car Rental Facility

Location

480 1st Ave Delano, CA 93215-3429
Delano metro Census 4802 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$11.97M
Blend (final) Blend
$9.91M

Owner & transaction history

since 2015
7 recorded transactions
2021
Price N/A
2017
Price N/A
2015
$6.0M
2009
Price N/A
2009
$3.9M
2007
Price N/A
1969
Price N/A

Zoning & alternative use

C1 · Delano, CA
Top alternative use upside
Apartment house (5+ units) $13.3M +30.3%
Auto repair, garage $12.4M +21.3%
Industrial (general) $11.3M +11.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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