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Property profile & analytics
OFF-MARKET
Estimated value
$1,550,000
Investment properties
6120 Lk Isabella Blvd, Lake Isabella, CA 93240
Entity Owned
4-yr Hold
Free & Clear
Property ID
US09-0543088
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1965
Construction
WOOD
Total area
16,866 SF
Lot
2.76 ac (120,225 SF)
Zoning code
C2
APN
485-041-18-00-7
UPID
US09-0543088
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
-
NAPA Auto Parts - Kern Auto Parts Auto Parts Store
-
Coupon Express Inc Advertising Agency Marketing & Advertising
-
NAPA AUTO PARTS Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.61M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.03M
Blend (final)
Blend
$1.55M
Owner & transaction history
Kern Investments LLC · 4 yrs held
Kern Investments LLC
since 2022
Last sale
$1.5M
6 recorded transactions
Zoning & alternative use
C2 · Lake Isabella, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.5M
+25.6%
Auto repair, garage
$2.3M
+16.9%
Industrial (general)
$2.1M
+7.0%
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 Lake Isabella submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Isabella 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
$1,590,000
ML approach
$1,610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,000,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,515,000
Change: +26% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,340,000
Change: +17% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,140,000
Change: +7% · Conversion: Moderate
Blend value · Realmo final
$1.55M
Range $1.40M – $1.71M · ±10% · vs last sale $1.50M (Feb 1 2022)
Last sale anchor
$1.50M
Feb 1 2022
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
$92 / 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
$13,355
Tax year 2023
Assessed value
$1,162,800
Assessed 2023
Previous assessed
$1,162,800
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$255,000
Assessed improvement
$907,800
Applied tax rate
82.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1965
Construction
WOOD
Heating
YES
Cooling
OTHER
Stories
1
Units
2
Total area
16,866 SF
Lot
2.76 ac (120,225 SF)
Zoning code
C2
APN
485-041-18-00-7
UPID
US09-0543088
Jurisdiction
KERN
Zoning & alternative use
C2 · Lake Isabella, CA
Zoning C2 · permitted uses
C2 · Lake Isabella, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Isabella. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.3M
INDUSTRIAL (GENERAL)
Est. value
$2.1M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1965
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
2
Lot
2.76 ac
Current owner
From public records · entity-resolved
Kern Investments LLC
Entity
Free & Clear · 4 yrs held
Mailing address
11302 QUEENSBURY DR, BAKERSFIELD, CA 93312-7055
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2022
$1,500,000
Kern Investments LLC
Gary D Cope
Grant Deed
—
May 31, 2017
—
Cope Family Trust
Cope,gary & Phyllis
Quit Claim Deed
related
—
Sep 9, 2010
$1,350,000
Gary Cope
Mooney Family Trust
Grant Deed
$825,000 · Mooney Family Trust (pt)
Feb 22, 1999
—
John E Mcnally
Mcnally Trust
Quit Claim Deed
related
—
Aug 11, 1995
—
Mcnally Trust
Mcnally,pauline M
Quit Claim Deed
related
—
—
—
Gary Cope
—
Deed Of Trust
related
$60,000 · Richard A Hollman
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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