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Property profile

588 E Lerdo Hwy Shafter, CA 93263

FOR SALE
Other warehouses
Property ID
US09-0308394
4,912 SF 0.39 ac lot Built 1946
Last sale Jul 2026 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
588 E Lerdo Hwy, Shafter, CA 93263 For Sale
$450,000 4,912 SF
588 E Lerdo Hwy, Shafter, CA 93263
View Listing

Property summary

AI-generated overview

The property is a commercial building located in Shafter along a growing commercial corridor, with strong street presence. It is configured with a flexible interior layout suitable for retail, office, or service-based uses and is designed for practical day-to-day operations. The site includes on-site parking and provides straightforward access to accommodate both customer and employee traffic.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$146k
Assessed land$68k
Assessed improvement$77k
Effective rate1.22%

Value estimate

· Oct 2026
$230k
$207k – $253k
AI approach$300k
NOI build-up
Gross scheduled income$74k
Vacancy & credit loss−$4k
Operating expenses−$21k
NOI · 10.79% cap applied$49k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$130/SF
Submarket average, outlier-cleaned · 95 recorded sales of this use type
Observed band · Q1–Q3$62 – $213
Qualifying comparables3

Cap rate analysis

How does the asset earn?
10.79%
$49k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionKERN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency32.1
Law Firm21.8
Building Supply21.3

Location

588 E Lerdo Hwy Shafter, CA 93263
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
123 Shafter, Shafter, CA 93263-1920 $275,000 May 2025 2,880 SF
19095 Transport, Shafter, CA 93263-9532 $1,110,000 Mar 2025 4,800 SF
319 Pacific, Shafter, CA 93263 $1,122,500 Sep 2024 3,220 SF
631 Central Vly, Shafter, CA 93263 $310,000 Feb 2024 3,450 SF
562 Lerdo, Shafter, CA 93263-2220 $230,000 Apr 2023 4,500 SF
30706 Imperial, Shafter, CA 93263-9724 $395,000 Feb 2023 4,634 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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