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Property profile & analytics
FOR SALE
Bars & Pubs
707 12Th Ave Delano, CA 93215
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-1192127
For Sale
1 / 37
$899,990
707 12Th Ave, Delano, CA 93215
View Listing →
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1951
Construction
WOOD
Total area
5,366 SF
Lot
0.19 ac (8,276 SF)
Zoning code
GC
APN
038-110-04-00-9
UPID
US09-1192127
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
-
Sirenitas Restaurant 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
Felix Navalta · 8 yrs held
Felix Navalta
since 2018
7 recorded transactions
Zoning & alternative use
GC · Delano, 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 Delano submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delano 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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,603
Tax year 2023
Assessed value
$325,146
Assessed 2023
Previous assessed
$325,146
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$71,085
Assessed improvement
$254,061
Applied tax rate
2.0000
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
For Sale
Year built
1951
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
5,366 SF
Lot
0.19 ac (8,276 SF)
Zoning code
GC
APN
038-110-04-00-9
UPID
US09-1192127
Jurisdiction
KERN
Zoning & alternative use
GC · Delano, CA
Zoning GC · permitted uses
GC · Delano, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Delano. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1951
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Felix Navalta
Individual
Mailing address
220 W OLIVE AVEB, PORTERVILLE, CA 93257-3436
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2022
—
Felix Navalta
—
Deed
related
$300,000 · Wells Fargo Bank NA
May 15, 2019
—
Felix Navalta
—
Deed
related
$375,000 · Carmen Pena
May 18, 2018
$375,000
Felix Navalta
Vivos Family O I Trust
Grant Deed
$375,000 · Carmen Pena
Apr 11, 2017
—
Olivas Family Trust
Olivas,ramon P & Maria M
Quit Claim Deed
—
Dec 31, 2008
$367,500
Ramon P Olivas
Munoz,johnny R & Gloria A
Grant Deed
—
Oct 22, 2007
—
Johnny R Munoz
Thornhill,arlie
Quit Claim Deed
related
—
Mar 16, 2005
$275,000
Johnny R Munoz
Adams,john C & Randal C
Grant Deed
—
Mar 16, 2005
$20,000
John C Adams
Fernando,christie
Grant Deed
—
Aug 31, 1978
$109,000
Adams C H
—
Grant Deed
related
—
—
—
Felix Navalta
—
Deed Of Trust
related
$375,000 · Carmen Pena
—
—
Ramon P Olivas
—
Deed Of Trust
related
$300,000 · Seneca Insurance Co INC
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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