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Property profile & analytics
OFF-MARKET Estimated value $2,635,000
Retail space

626 Cecil Ave Delano, CA 93215-2024

18,167 SF 1.33 ac lot Built 2012
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US09-3820170
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2012
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 18,167 SF
Lot 1.33 ac (57,934 SF)
Zoning code GC
APN 037-040-16-00-7
UPID US09-3820170
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
  • 99 Cents Only Stores Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.76M
Comparable Approach Comparable
$2.96M
Blend (final) Blend
$2.64M
Owner & transaction history
Niki Delano LP · 10 yrs held
Niki Delano LP
since 2015
4 recorded transactions
2015
$2.5M
2015
$5.1M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
GC · Delano, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

In only the DC, NC, GC, CRC, I, or CF zone districts, excepting the provisions of Section 20.2.90.2.f. above, placement of temporary buildings, commercial cargo/storage containers, trailers, coaches and similar items may be permitted subject to an approved temporary land use permit; 4. Temporary permits shall first be issued for a period of time not to excee…

Zone name General Commercial
General category COMMERCIAL
Zone area 466.49 ac
Source Microsoft Word - CLEAN Chp02.doc
Top alternative use upside
Medical building $3.8M +66.6%
Office building $3.5M +53.1%
Apartment house (5+ units) $2.7M +17.8%
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