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Property profile & analytics
OFF-MARKET
Estimated value
$1,520,000
Warehouses
6740 Lk Isabella Blvd Lake Isabella, CA 93240-9479
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US10-2418240
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Construction
WOOD
Total area
34,134 SF
Lot
2.11 ac (91,911 SF)
Zoning code
C2
APN
485-070-07-00-7
UPID
US10-2418240
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
-
Lakeside Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$1.52M
Owner & transaction history
Ryly Li LLC · 1 yrs held
Ryly Li LLC
since 2025
7 recorded transactions
Zoning & alternative use
C2 · Lake Isabella, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.52M
Range $1.37M – $1.67M · ±10%
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
$45 / 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
$17,543
Tax year 2023
Assessed value
$1,547,185
Assessed 2023
Previous assessed
$1,547,185
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$228,977
Assessed improvement
$1,318,208
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
152
Total area
34,134 SF
Lot
2.11 ac (91,911 SF)
Zoning code
C2
APN
485-070-07-00-7
UPID
US10-2418240
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.
Building & site characteristics
From public records
Year built
2006
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
152
Lot
2.11 ac
Current owner
From public records · entity-resolved
Ryly Li LLC
Entity
Mailing address
247 VIA BANDOLERO, ARROYO GRANDE, CA 93420-1918
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2025
$4,450,000
Ryly Li LLC
Charles A Derego
Grant Deed
$3,412,000 · California Bank Of Commerce
Jun 10, 2016
—
Charles A Derego
—
Deed
related
$1,720,000 · Umpqua Bank
Sep 30, 2008
$1,247,000
Derego Family Trust
Binns,cory W
Grant Deed
$575,000 · Cory W Binns
Sep 30, 2008
—
Cory W Binns
Binns,timothy J
Affidavit Of Death
related
—
May 12, 2006
—
Tim J Binns
—
Trustees Deed
related
$401,163 · Bank Of The Sierra
Aug 12, 2005
$96,000
Tim J Binns
Guthrie Alice Trust
Grant Deed
—
Aug 12, 2005
—
Cory W Binns
Binns,anna M
Quit Claim Deed
related
—
May 13, 2005
$96,000
Tim J Binns
Guthrie Alice Trust
Grant Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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