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    634 2Nd St Mc Farland, CA 93250
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    634 2Nd St, Mc Farland, CA 93250

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    • Grocery and convenience stores
    • 3,904 SF
    • 0.76 lot acres
    For Sale
    $1,400,000
    View Listing →
    Established Grocery Store with Expansion Potential For Sale
    $1,400,000
    3,904 SF

    Established Grocery Store with Expansion Potential

    Turnkey grocery store with real estate, license, and equipment included.

    634 2nd St, Mc Farland, CA
    View Listing
    Property ID
    US09-3139768
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    5.1%
    Grocery and convenience stores
    Location Intelligence

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 634 2Nd St

    Year built
    1951
    Construction
    WOOD
    Lot size
    0.76 lot acres
    Zone code
    C-2
    Property type
    Grocery and convenience stores
    APN
    200-041-07-00-8
    APU
    20004107008

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 17, 2023 $850,000 Carniceria Jantizio INC J&d Property Investments LLC Grant Deed $1.2M · Lendistry Sblc LLC
    Apr 9, 2019 — Guillermo Andrade Andrade,margarita Quit Claim Deed · related —
    Apr 9, 2019 $450,000 J&d Property Investments LLC Carlos Andrade Grant Deed $706k · Umpqua Bank
    Jul 11, 2007 — Carlos Andrade Andrade,carlos Quit Claim Deed · related —
    Jun 22, 2007 — Carlos Andrade Andrade,fabiola Quit Claim Deed · related —
    Jul 25, 2003 — Carlos Andrade Andrade,fabiola Quit Claim Deed · related —
    Jul 25, 2003 $90,000 Carlos Andrade Hylton,wilbur B & Linda Grant Deed $70k · Wilbur B & Linda Hylton

    Description

    Exceptional opportunity to acquire a thriving grocery and liquor store in McFarland, California. This turnkey operation boasts a strong sales history, generating $100,000 in monthly gross sales with a 35% profit margin. The business includes all fixtures, equipment, and a valuable ABC Type 20 license (Off-Sale Beer and Wine). The property itself comprises a 3,904 square foot building situated on a sizable 0.76-acre lot (33,105 sq ft), offering ample space for potential expansion. Currently operating with three employees from 4 AM to 8 PM, this established business benefits from a loyal customer base and a prime location. The asking price is $1,600,000, translating to $409.84 per square foot. This is a rare chance to own a profitable, established business with significant growth potential in a desirable location. The property's APN is 200-041-07-00-8, and the address is 634 2nd St, McFarland, CA 93250. This sale includes the real estate, business goodwill, equipment, and license.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $750,000
      ML approach
      $770,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $645,000
      6.5%
      $595,000
      7%
      $550,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $741,000
      Market price range: $237k - $741k
      AI Estimate
      $550,000
      Market price range: $167k - $550k

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $490,000
      Current use
      MEDICAL BUILDING
      $825,000
      Change: +68% Conversion: Difficult
      OFFICE BUILDING
      $755,000
      Change: +54% Conversion: Easy
      AUTO REPAIR, GARAGE
      $540,000
      Change: +10% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $465,000
      Change: -6% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mc Farland
    County
    Kern
    State
    California
    Longitude
    -119.229
    Latitude
    35.6806
    CBSA code
    12540
    CBSA name
    BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,970
    $168,334
    $512,249
    $680,583
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      6,182 SF

      204 Kern Ave

      GROCERY, SUPERMARKET
      204 Kern Ave, Mc Farland, CA 93250-1361
      View Details
    • Value Estimation
      $510,000
      12,000 SF

      350 Perkins Ave

      GROCERY, SUPERMARKET
      350 Perkins Ave, Mc Farland, CA 93250-1144
      View Details
    • Value Estimation by Request
      2,208 SF

      414 Kern Ave

      GROCERY, SUPERMARKET
      414 Kern Ave, Mc Farland, CA 93250-1424
      View Details
    • Value Estimation
      $2,635,000
      35,519 SF

      400 Perkins Ave

      GROCERY, SUPERMARKET
      400 Perkins Ave, Mc Farland, CA 93250-1146
      View Details
    • Value Estimation
      $965,000
      6,400 SF

      100 Perkins Ave

      GROCERY, SUPERMARKET
      100 Perkins Ave, Mc Farland, CA 93250-1140
      View Details
    • Value Estimation by Request
      3,170 SF

      288 Browning Rd

      GROCERY, SUPERMARKET
      288 Browning Rd, Mc Farland, CA 93250-1404
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,904 SF

      Established Grocery Store with Expansion Potential

      Turnkey grocery store with real estate, license, and equipment included.
      634 2Nd St, Mc Farland, CA 93250
      View Details
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      0.78 Acres

      Bodfish Land with Utilities Nearby

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      Land Available in McFarland, CA

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      Delano Land For Sale

      Rolling acreage in the foothills near Delano, California.
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    Mc Farland, CA 93250
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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