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Property profile & analytics
OFF-MARKET
Estimated value
$6,745,000
Grocery and convenience stores
927 China Lk Blvd Ridgecrest, CA 93555-6315
Entity Owned
3-yr Hold
Free & Clear
Property ID
US09-3755349
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
45,689 SF
Lot
3.68 ac (160,300 SF)
Zoning code
GC
APN
509-020-50-00-9
UPID
US09-3755349
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
-
higi Physician
-
Sav-On Pharmacy Pharmacy
-
Primo Water Refill & Exchange Big Box & Wholesale Store
-
Albertsons Deli Food Market Restaurant
-
Albertsons Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.95M
Comparable Approach
Comparable
$8.68M
Blend (final)
Blend
$6.75M
Owner & transaction history
Albertson S LLC · 3 yrs held
Albertson S LLC
since 2022
7 recorded transactions
Zoning & alternative use
GC · Ridgecrest, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$9.6M
+67.5%
Office building
$8.9M
+54.0%
Apartment house (5+ units)
$6.8M
+18.5%
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 Ridgecrest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgecrest 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%
$7,525,000
6.5%
$6,945,000
7%
$6,450,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,750,000
Current use
MEDICAL BUILDING
$9,630,000
Change: +68% · Conversion: Difficult
OFFICE BUILDING
$8,850,000
Change: +54% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$6,810,000
Change: +18% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,340,000
Change: +10% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$5,800,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$6.75M
Range $6.07M – $7.42M · ±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
$148 / 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
$67,471
Tax year 2023
Assessed value
$5,444,600
Assessed 2023
Previous assessed
$5,444,600
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,136,260
Assessed improvement
$4,308,340
Applied tax rate
10.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FLOOR/WALL FURNACE
Stories
1
Units
2
Total area
45,689 SF
Lot
3.68 ac (160,300 SF)
Zoning code
GC
APN
509-020-50-00-9
UPID
US09-3755349
Jurisdiction
KERN
Zoning & alternative use
GC · Ridgecrest, CA
Zoning GC · permitted uses
GC · Ridgecrest, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ridgecrest. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.8M
MEDICAL BUILDING
Est. value
$9.6M
OFFICE BUILDING
Est. value
$8.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.8M
AUTO REPAIR, GARAGE
Est. value
$6.3M
INDUSTRIAL (GENERAL)
Est. value
$5.8M
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FLOOR/WALL FURNACE
Stories
1
Units
2
Lot
3.68 ac
Current owner
From public records · entity-resolved
Albertson S LLC
Entity
Free & Clear · 3 yrs held
Mailing address
250 E PARKCENTER BLVD, BOISE, ID 83706-3940
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2022
—
Albertson S LLC
Aci Real Estate Spe 141 LLC
Special Warranty Deed
—
Jun 8, 2020
—
Aci Real Estate Spe 141 LLC
Abs Ca-o LLC
Grant Deed
—
Apr 17, 2013
—
Abs Ca-o LLC
New Albertsons INC
Warranty Deed
—
Dec 4, 2012
—
New Albertsons INC
—
Deed Of Trust
related
$1,000,000,000 · Credit Suisse Ag
—
—
Abs Ca-o LLC
—
Deed Of Trust
related
$1,050,000,000 · Bank Of America
—
—
Abs Ca-o LLC
—
Deed Of Trust
related
$1,145,000,000 · Wilmington Tr
—
—
Abs Ca-o LLC
—
Loan Modification
related
—
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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