Financial
Distress signals
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 Dec 2002 · $60,000
Individually Owned Owner of record is an individual. 23-yr Hold Held for 23 years. 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
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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?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

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

· Sep 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.

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

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 · 4 transfers Comp sales · not on file 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 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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