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Property profile & analytics
OFF-MARKET
Turn key restaurants
6930 Lk Pl Frazier Park, CA 93225-9225
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-8271344
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1991
Construction
WOOD
Total area
2,000 SF
Lot
0.09 ac (3,920 SF)
Zoning code
FPP
APN
250-114-17-00-3
UPID
US09-8271344
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
-
Mike's Pizza Co Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jan Bitmallou · 1 yrs held
Jan Bitmallou
since 2024
Last sale
$360,000
5 recorded transactions
Zoning & alternative use
FPP · Frazier Park, 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 Frazier Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Frazier Park 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$2,640
Tax year 2024
Assessed value
$240,949
Assessed 2024
Previous assessed
$240,949
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$26,506
Assessed improvement
$214,443
Applied tax rate
84.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1991
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
2,000 SF
Lot
0.09 ac (3,920 SF)
Zoning code
FPP
APN
250-114-17-00-3
UPID
US09-8271344
Jurisdiction
KERN
Zoning & alternative use
FPP · Frazier Park, CA
Zoning FPP · permitted uses
FPP · Frazier Park, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Frazier Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Jan Bitmallou
Individual
Mailing address
7103 LAKEVIEW DR, FRAZIER PARK, CA 93225-9480
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2024
$360,000
Jan Bitmallou
Michael Kanke
Grant Deed
$280,000 · Michael Kanke
Oct 14, 2014
—
Michael Kanke
Geike A/m Living Trust
Quit Claim Deed
—
Jul 31, 2014
$222,000
Michael Kanke
Geike,mike & Andrea
Grant Deed
$221,857 · Franklin Living Trust (lt)
May 14, 2008
—
Geike A/m Living Trust
Geike,mike & Andrea
Quit Claim Deed
related
—
Jul 27, 2007
$275,000
Mike Geike
Robert Lee Franklin
Grant Deed
$247,500 · Franklin Living Trust
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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