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Property profile & analytics
OFF-MARKET
Estimated value
$1,055,000
Strip malls
8600 Loop Blvd California City, CA 93505-2043
Entity Owned
33-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1193124
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1991
Construction
WOOD
Total area
7,550 SF
Lot
0.49 ac (21,344 SF)
Zoning code
C4
APN
213-042-25-00-1
UPID
US09-1193124
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
-
North Loop Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Western Union Bank Credit Union
-
ATM Atm
-
La Conquista Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.29M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.06M
Owner & transaction history
Karris Properties INC · 33 yrs held
Karris Properties INC
since 1992
7 recorded transactions
Zoning & alternative use
C4 · California City, 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 California City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs California City 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%
$1,390,000
6.5%
$1,285,000
7%
$1,195,000
Blend value · Realmo final
$1.06M
Range $950k – $1.16M · ±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
$140 / 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
$12,424
Tax year 2023
Assessed value
$1,090,473
Assessed 2023
Previous assessed
$1,090,473
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$333,259
Assessed improvement
$757,214
Applied tax rate
11.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1991
Construction
WOOD
Heating
YES
Cooling
OTHER
Stories
1
Units
4
Total area
7,550 SF
Lot
0.49 ac (21,344 SF)
Zoning code
C4
APN
213-042-25-00-1
UPID
US09-1193124
Jurisdiction
KERN
Zoning & alternative use
C4 · California City, CA
Zoning C4 · permitted uses
C4 · California City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
California City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
4
Lot
0.49 ac
Current owner
From public records · entity-resolved
Karris Properties INC
Entity
Mailing address
42263 50TH ST W STE #101, QUARTZ HILL, CA 93536-3500
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1992
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 16, 2024
—
Karris Properties INC
—
Deed
related
$770,000 · The Slade A Lohman Trust
Apr 19, 2023
—
Karris Properties INC
—
Deed
related
$500,000 · Alamoot LLC
Mar 8, 2017
—
Karris Properties INC
—
Deed
related
$350,000 · Nibbelink G Trust (pt)
Jul 13, 2016
—
Karris Properties INC
—
Deed
related
$225,000 · Marc Deaso
Nov 6, 1992
$288,500
Karris Properties INC
Turner,thadd M
Grant Deed
related
—
—
—
Karris Properties INC
—
Deed Of Trust
related
$200,000 · Commonwealth Business Bank
—
—
Karris Properties INC
—
Deed Of Trust
related
$225,000 · Marc Deaso
—
—
Karris Properties INC
—
Deed Of Trust
related
$350,000 · Nibbelink G Trust (pt)
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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