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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Theaters & concert halls
501 Nn St Taft, CA 93268-2826
Entity Owned
4-yr Hold
Free & Clear
Property ID
US09-2756463
Property profile
Verified
Property type
Theaters & concert halls
Use group
AUDITORIUM
Year built
1921
Construction
WOOD
Total area
15,625 SF
Lot
0.36 ac (15,681 SF)
Zoning code
C2
APN
031-070-08-00-1
UPID
US09-2756463
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
-
Oildorado Days Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$520k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$550k
Blend (final)
Blend
$535k
Owner & transaction history
Oildorado INC · 4 yrs held
Oildorado INC
since 2022
7 recorded transactions
Zoning & alternative use
C2 · Taft, 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 Taft submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Taft 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
$520,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
THEATER (MOVIE)
$860,000
Current use
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$34 / 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
$10,572
Tax year 2023
Assessed value
$925,000
Assessed 2023
Previous assessed
$925,000
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$55,000
Assessed improvement
$870,000
Applied tax rate
4.0000
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
Theaters & concert halls
Use group
AUDITORIUM
Status
Off-Market
Year built
1921
Construction
WOOD
Heating
FORCED AIR
Cooling
OTHER
Stories
1
Total area
15,625 SF
Lot
0.36 ac (15,681 SF)
Zoning code
C2
APN
031-070-08-00-1
UPID
US09-2756463
Jurisdiction
KERN
Zoning & alternative use
C2 · Taft, CA
Zoning C2 · permitted uses
C2 · Taft, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Taft. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
THEATER (MOVIE) Current
Est. value
$860,000
THEATER (MOVIE) Current
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
1921
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Oildorado INC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 522, TAFT, CA 93268-0522
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2022
—
Oildorado INC
City Of Taft
Grant Deed
—
Mar 31, 2022
$700,000
City Of Taft
Bains Properties Investments LLC
Grant Deed
—
Oct 30, 2013
—
Bains Props Investments LLC
Arredondo Ventures INC
Grant Deed
related
—
Feb 15, 2013
$1,125,000
Bains Properties Invs LLC
Arredondo Ventures INC
Grant Deed
$562,500 · Rabobank
Feb 15, 2013
—
Joan Griffin
Griffin,donald D
Affidavit Of Death
related
—
—
—
Bains Properties Invs LLC
—
Loan Modification
related
—
—
—
Bains Properties Invs LLC
—
Deed Of Trust
related
$464,000 · Mid State Development
—
—
Bains Properties Invs LLC
—
Deed Of Trust
related
$464,000 · Mid State Development
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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