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Property profile & analytics
OFF-MARKET
Estimated value
$3,000,000
Parking lots & garages
49713 Gorman Post Rd Gorman, CA 93243-9701
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9959446
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1966
Total area
10,000 SF
Lot
0.81 ac (35,391 SF)
Zoning code
LCC3*
APN
3251-013-035
UPID
US09-9959446
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
-
Lake Hughes Recovery Medical Clinic
-
El Grullense Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.78M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.76M
Blend (final)
Blend
$3.00M
Owner & transaction history
Lhr Acquisitions LLC · 5 yrs held
Lhr Acquisitions LLC
since 2020
Last sale
$3.3M
7 recorded transactions
Zoning & alternative use
LCC3* · Gorman, 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 Gorman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gorman 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
$2,850,000
ML approach
$2,780,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$4,625,000
Change: -9% · Conversion: Difficult
MEDICAL BUILDING
$4,545,000
Change: -11% · Conversion: Difficult
OFFICE BUILDING
$4,485,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$3.00M
Range $2.70M – $3.30M · ±10% · vs last sale $3.30M (Nov 13 2020)
Last sale anchor
$3.30M
Nov 13 2020
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
$300 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$3,615
Tax year 2024
Assessed value
$312,418
Assessed 2024
Previous assessed
$312,418
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$312,418
Applied tax rate
15.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1966
Heating
NONE
Total area
10,000 SF
Lot
0.81 ac (35,391 SF)
Zoning code
LCC3*
APN
3251-013-035
UPID
US09-9959446
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCC3* · Gorman, CA
Zoning LCC3* · permitted uses
LCC3* · Gorman, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gorman. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$4.6M
MEDICAL BUILDING
Est. value
$4.5M
OFFICE BUILDING
Est. value
$4.5M
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE 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
1966
Heating
NONE
Lot
0.81 ac
Current owner
From public records · entity-resolved
Lhr Acquisitions LLC
Entity
Mailing address
28765 PNE CYN RD, LAKE HUGHES, CA 93532-1046
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2020
$3,300,000
Lhr Acquisitions LLC
Gorman Hospitality LLC
Grant Deed
$1,625,000 · First Citizens Bank & Trust Co
Feb 4, 2002
—
Dbn Gorman Investment LLC
—
Deed Of Trust
related
$1,100,000 · Wilshire State Bank
Apr 7, 2000
$1,210,000
Mahesh Patel
Kim,sang H & Myung H
Grant Deed
$400,000 · Zions First National Bank
Sep 27, 1995
$950,000
Sang H Kim
Ralphs,ronald
Grant Deed
$450,000 · Lorondo Enterprise
—
—
Dbn Gorman Investment LLC
—
Deed Of Trust
related
$420,000 · Zions First National Bank
—
—
Sang H Kim
—
Deed Of Trust
related
$300,000 · Wilshire State Bank
—
—
Sang H Kim
—
Deed Of Trust
related
$180,000 · Wilshire State Bank
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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