Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$13,140,000
Apartment buildings
H St Mojave, CA 93501
Entity Owned
~
Est. High Equity
Property ID
US09-5106307
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2007
Construction
WOOD
Total area
87,756 SF
Lot
6.03 ac (262,666 SF)
APN
236-480-10-00-8
UPID
US09-5106307
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
$15.56M
Comparable Approach
Comparable
$12.96M
Blend (final)
Blend
$13.14M
Owner & transaction history
Park Palace Apts LP
Park Palace Apts LP
since 2026
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$18.5M
+41.4%
Office building
$17.0M
+30.0%
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 Mojave submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mojave 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%
$16,850,000
6.5%
$15,555,000
7%
$14,440,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$13,080,000
Current use
MEDICAL BUILDING
$18,495,000
Change: +41% · Conversion: Moderate
OFFICE BUILDING
$17,000,000
Change: +30% · Conversion: Moderate
AUTO REPAIR, GARAGE
$12,175,000
Change: -7% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$11,140,000
Change: -15% · Conversion: Difficult
RETAIL STORES
$11,040,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$13.14M
Range $11.83M – $14.45M · ±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
$150 / 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
$11,058
Tax year 2023
Assessed value
$9,152,790
Assessed 2023
Previous assessed
$9,152,790
+0.0% YoY
Effective rate
0.12%
On assessed value
Assessed land
$315,184
Assessed improvement
$8,837,606
Applied tax rate
94.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
81
Total area
87,756 SF
Lot
6.03 ac (262,666 SF)
APN
236-480-10-00-8
UPID
US09-5106307
Jurisdiction
KERN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$13.1M
MEDICAL BUILDING
Est. value
$18.5M
OFFICE BUILDING
Est. value
$17.0M
AUTO REPAIR, GARAGE
Est. value
$12.2M
INDUSTRIAL (GENERAL)
Est. value
$11.1M
RETAIL STORES
Est. value
$11.0M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
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
2007
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
81
Lot
6.03 ac
Current owner
From public records · entity-resolved
Park Palace Apts LP
Entity
Mailing address
1724 10TH ST STE #120, SACRAMENTO, CA 95811-6421
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2026
$8,910,000
Park Palace Apts LP
Park Palace One Apts LP
Grant Deed
$6,207,000 · East West Bank
Jul 3, 2025
$4,000,000
Park Palace One Apts LP
Holt Street Partners LP
Grant Deed
$2,650,000 · Bay Commercial Bank
Jun 3, 2024
—
Holt Street Partners
—
Deed
related
$1,800,000 · Egis Group 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own H St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
