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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Manufacturing properties
915 Willow Ct Tehachapi, CA 93561
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US09-2984306
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1998
Construction
WOOD
Total area
4,800 SF
Lot
23.14 ac (1,007,978 SF)
Zoning code
I
APN
223-510-37-00-1
UPID
US09-2984306
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
by Request
CAP Approach
CAP
$910k
Comparable Approach
Comparable
$624k
Blend (final)
Blend
$730k
Owner & transaction history
James Vernon · 14 yrs held
James Vernon
since 2011
7 recorded transactions
Zoning & alternative use
I · Tehachapi, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.0M
+66.0%
Office building
$930,000
+52.6%
Auto repair, garage
$665,000
+9.3%
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 Tehachapi submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tehachapi 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%
$985,000
6.5%
$910,000
7%
$845,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$610,000
Current use
MEDICAL BUILDING
$1,010,000
Change: +66% · Conversion: Difficult
OFFICE BUILDING
$930,000
Change: +53% · Conversion: Difficult
AUTO REPAIR, GARAGE
$665,000
Change: +9% · Conversion: Easy
RETAIL STORES
$605,000
Change: -1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$570,000
Change: -7% · Conversion: Difficult
WAREHOUSE, STORAGE
$550,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$730k
Range $657k – $803k · ±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
$152 / 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
$10,068
Tax year 2023
Assessed value
$880,178
Assessed 2023
Previous assessed
$880,178
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$416,160
Assessed improvement
$464,018
Applied tax rate
5.0000
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
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1998
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Total area
4,800 SF
Lot
23.14 ac (1,007,978 SF)
Zoning code
I
APN
223-510-37-00-1
UPID
US09-2984306
Jurisdiction
KERN
Zoning & alternative use
I · Tehachapi, CA
Zoning I · permitted uses
I · Tehachapi, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tehachapi. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$610,000
MEDICAL BUILDING
Est. value
$1.0M
OFFICE BUILDING
Est. value
$930,000
AUTO REPAIR, GARAGE
Est. value
$665,000
RETAIL STORES
Est. value
$605,000
COMMERCIAL (GENERAL)
Est. value
$570,000
WAREHOUSE, STORAGE
Est. value
$550,000
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1998
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Lot
23.14 ac
Current owner
From public records · entity-resolved
James Vernon
Individual
Mailing address
800 SUNSET MDW LN, BAKERSFIELD, CA 93308-9237
Ownership since
2011
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
Sep 22, 2011
$200,000
James Vernon
Jones William JR
Grant Deed
—
Jan 9, 1997
$182,000
Suri Trust
Marwah,gurbax R & Rajhi
Trustees Deed
—
Jan 9, 1997
$235,000
Jones,william
Suri Trust
Trustees Deed
$225,000 · San Joaquin Bank
Jan 7, 1997
$200,000
Suri Trust
Marwah,gurbax R
Grant Deed
—
Feb 1, 1994
$206,001
Suri Trust
Halavi Trust
Trustees Deed
—
Oct 2, 1991
$400,000
Halavi,trust
Singh,mall
Grant Deed
$138,595 · Individual
—
—
James Vernon
—
Deed Of Trust
related
$200,000 · David A Hill Dental Corp Psp
—
—
William Jones
—
Deed Of Trust
related
$70,000 · San Joaquin Bank
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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