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    Property profile & analytics

    698 Lerdo Hwy Shafter, CA 93263-2222

    • Car washes
    • 3,960 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    $300,000
    Last Sale
    Feb 13, 2025
    $315,000
    Location Intelligence
    Property ID
    US09-0281843
    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.

    Current Use by Public Records

    • Car washes

    Property Details for 698 Lerdo Hwy

    Year built
    1960
    Construction
    WOOD
    Lot size
    0.46 lot acres
    Property size
    3,960 SF
    Zone code
    C-2
    Property type
    Car washes
    APN
    028-142-09-00-4
    APU
    2814209004

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $340,000
      6.5%
      $360,000
      7%
      $360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $310,000
      Geo Method
      $350,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $410,000
      Retail
      $320,000
      Mixed-Use
      $400,000
      Hospitality
      $350,000
      Educational
      $300,000
      Residential Income
      $390,000
      Energy
      $395,000
      Income-Based Land
      $310,000
      Food Service
      $400,000

    Location Insight

    • Map
    • Local Demand
    City
    Shafter
    County
    Kern
    State
    California
    Longitude
    -119.265
    Latitude
    35.5002
    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
    $3,913
    $126,140
    $204,979
    $331,119
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      7,014 SF

      636 Lerdo Hwy

      CAR WASH • 7,014 SF
      636 Lerdo Hwy, Shafter, CA 93263-2222
      View Details
    • Value Estimation by Request
      2,400 SF

      29994 Orange St

      CAR WASH • 2,400 SF
      29994 Orange St, Shafter, CA 93263-9751
      View Details
    • Value Estimation by Request
      4,000 SF

      570 Lerdo Hwy

      CAR WASH • 4,000 SF
      570 Lerdo Hwy, Shafter, CA 93263-2220
      View Details
    • Value Estimation
      $355,000
      3,700 SF

      289 Lerdo Hwy

      CAR WASH • 3,700 SF
      289 Lerdo Hwy, Shafter, CA 93263-2703
      View Details
    • Value Estimation
      $320,000
      5,640 SF

      650 Lerdo Hwy

      CAR WASH • 5,640 SF
      650 Lerdo Hwy, Shafter, CA 93263-2222
      View Details
    • Value Estimation
      $715,000
      4,200 SF

      150 Marengo Ave

      CAR WASH • 4,200 SF
      150 Marengo Ave, Shafter, CA 93263-2718
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Contact for pricing
      5,400 SF

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      Retail space available in a shopping center anchored by Ranch Market.
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      Prime Shafter location, build-to-suit opportunity.
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      Retail Space in Shafter Center

      Retail space available in a shopping center anchored by The Ranch Market.
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    • $10 SF/Yr
      129,465 SF

      Shafter Industrial Warehouse

      ±129,465 SF Warehouse, Lease/Sale
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      840,000 SF

      Shafter Industrial Campus: 840,000 SF

      Four industrial buildings, 800,000 SF available. Ideal for manufacturing & warehousing.
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    • $0.55 SF/Yr
      245,669 SF

      Shafter Warehouse Sublease Opportunity

      Available warehouse sublease in Shafter, CA through August 2028.
      3601 Fanucchi Way, Shafter, CA 93263
      View Details

    Property Visit Statistics

    • Visits by month
      647
    • Visitors by month
      504
    • Avg Time on site
      34 min
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    Shafter, CA 93263-2222
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
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