Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$12,000,000
Manufacturing properties
6850 New Kapittel Ct Shafter, CA 93263-9646
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-5054453
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PACKING, PACKING PLANT
Year built
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
75,675 SF
Lot
8.43 ac (367,210 SF)
Zoning code
A
APN
091-300-03-00-0
UPID
US09-5054453
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.00M
Owner & transaction history
Edwards Commercial LLC · 2 yrs held
Edwards Commercial LLC
since 2024
Last sale
$12.0M
7 recorded transactions
Zoning & alternative use
A · Shafter, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$12.3M
+501.3%
Restaurant
$11.3M
+449.3%
Medical building
$11.1M
+441.8%
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 Shafter submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shafter 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
$12,000,000
ML approach
$12,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$12,325,000
Change: +501% · Conversion: Difficult
RESTAURANT
$11,260,000
Change: +449% · Conversion: Difficult
MEDICAL BUILDING
$11,105,000
Change: +442% · Conversion: Difficult
COMMERCIAL (GENERAL)
$9,585,000
Change: +368% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,145,000
Change: +346% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$9,045,000
Change: +341% · Conversion: Difficult
Blend value · Realmo final
$12.00M
Range $10.80M – $13.20M · ±10% · vs last sale $12.00M (Mar 8 2024)
Last sale anchor
$12.00M
Mar 8 2024
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
$159 / 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
$122,182
Tax year 2023
Assessed value
$10,619,220
Assessed 2023
Previous assessed
$10,619,220
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$929,220
Assessed improvement
$9,690,000
Applied tax rate
6.0000
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
Manufacturing properties
Use group
FOOD PACKING, PACKING PLANT
Status
Off-Market
Year built
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Total area
75,675 SF
Lot
8.43 ac (367,210 SF)
Zoning code
A
APN
091-300-03-00-0
UPID
US09-5054453
Jurisdiction
KERN
Zoning & alternative use
A · Shafter, CA
Zoning A · permitted uses
A · Shafter, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shafter. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$12.3M
RESTAURANT
Est. value
$11.3M
MEDICAL BUILDING
Est. value
$11.1M
COMMERCIAL (GENERAL)
Est. value
$9.6M
AUTO REPAIR, GARAGE
Est. value
$9.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.0M
OFFICE BUILDING
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Lot
8.43 ac
Current owner
From public records · entity-resolved
Edwards Commercial LLC
Entity
Mailing address
18779 AVE 314, VISALIA, CA 93292-9608
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2024
—
Edwards Commercial LLC
Tad William Edwards
Intrafamily Transfer
related
—
May 12, 2022
$12,000,000
Tad William Edwards
Cjs Partners LLC
Grant Deed
$6,000,000 · Golden State Farm Credit Flca
Jun 24, 2021
—
Tamara G John
Cheryl Ohanneson
Grant Deed
—
Apr 17, 2015
—
Cjs Partners LLC
—
Trustees Deed
related
$6,175,000 · Valley Republic Bk
Nov 14, 2014
$1,650,000
Cjs Partners LLC
Mathew Chakola
Grant Deed
$825,000 · Valley Republic Bank
Sep 28, 2012
—
Gleason Marylyn F Trust
Gleason,marlyn F
Quit Claim Deed
—
Aug 2, 2002
—
Mathew D Chakola
Bidart Brothers
Grant Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6850 New Kapittel Ct?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
