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Property profile & analytics
OFF-MARKET
Parking lots & garages
Tehachapi, CA 93561
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3938152
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Construction
WOOD
Lot
0.17 ac (7,405 SF)
Zoning code
T-5
APN
040-271-04-00-0
UPID
US09-3938152
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Manolito Lujan · 5 yrs held
Manolito Lujan
since 2020
3 recorded transactions
Zoning & alternative use
T-5 · Tehachapi, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The DT zone is applied to areas generally in Tehachapi's core for the purpose of being the cultural, speciality shopping, entertainment and civic core of Tehachapi and the Tehachapi Valley
Zone name
Downtown
General category
CIVIC_INSTITUTIONAL
Zone area
79.78 ac
Source
Realmo
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
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
$895
Tax year 2023
Assessed value
$76,989
Assessed 2023
Previous assessed
$76,989
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$68,666
Assessed improvement
$8,323
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Construction
WOOD
Heating
YES
Cooling
YES
Lot
0.17 ac (7,405 SF)
Zoning code
T-5
APN
040-271-04-00-0
UPID
US09-3938152
Jurisdiction
KERN
Zoning & alternative use
T-5 · Tehachapi, CAZoning T-5 · permitted uses
T-5 · Tehachapi, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The DT zone is applied to areas generally in Tehachapi's core for the purpose of being the cultural, speciality shopping, entertainment and civic core of Tehachapi and the Tehachapi Valley
Zone name
Downtown
General category
CIVIC_INSTITUTIONAL
Zone area
79.78 ac
Source
Realmo
Building & site characteristics
From public records
Construction
WOOD
Heating
YES
Cooling
Yes
Lot
0.17 ac
Current owner
From public records · entity-resolved
Manolito Lujan
Individual
Mailing address
426 E TEHACHAPI BLVD, TEHACHAPI, CA 93561-1812
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Sep 11, 2020
—
Manolito Lujan
—
Deed
related
$396,000 · Griffin Corpening
May 31, 1978
$14,500
—
—
Grant Deed
related
—
—
—
Manolito Lujan
—
Deed Of Trust
related
$396,000 · Griffin Corpening
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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