Back to Search
Property profile & analytics
OFF-MARKET
Commercial land
1302 K St Bakersfield, CA 93301-5440
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-0101022
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1912
Construction
WOOD FRAME
Total area
1,040 SF
Lot
0.14 ac (6,098 SF)
Zoning code
C-C
APN
006-450-18-00-6
UPID
US09-0101022
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
Rafael Ponce Hernandez · 5 yrs held
Rafael Ponce Hernandez
since 2021
Last sale
$75,000
7 recorded transactions
Zoning & alternative use
C-C · Bakersfield, 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 Bakersfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bakersfield 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
$923
Tax year 2023
Assessed value
$78,030
Assessed 2023
Previous assessed
$78,030
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$78,030
Applied tax rate
1.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1912
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Stories
1
Bathrooms
1
Total area
1,040 SF
Lot
0.14 ac (6,098 SF)
Zoning code
C-C
APN
006-450-18-00-6
UPID
US09-0101022
Jurisdiction
KERN
Zoning & alternative use
C-C · Bakersfield, CA
Zoning C-C · permitted uses
C-C · Bakersfield, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bakersfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1912
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Stories
1
Bathrooms
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Rafael Ponce Hernandez
Individual
Mailing address
1106 PALOMA DR, GREENFIELD, CA 93927-3911
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2021
$75,000
Rafael Ponce Hernandez
Nicole Morly
Grant Deed
$10,000 · Karpe Real Estate Center
Jul 5, 2012
—
Nicole Morly
Morly,nicole
Quit Claim Deed
related
—
Nov 1, 2006
—
Nicole Morly
Plata LLC
Quit Claim Deed
related
—
May 3, 2006
—
Nicole Morly
Plata LLC
Grant Deed
—
Sep 9, 2005
—
Plata LLC
Morly,nicole
Grant Deed
—
Aug 23, 2004
$98,500
Nicole Morly
Crei Corp
Grant Deed
$63,450 · First National Bank Arizona
Apr 20, 2004
$68,000
Crei Corp
Helsel,jason
Grant Deed
$40,000 · Stclair M F SR Family Trust
Nov 7, 2002
$76,000
Jason Hensel
Brooks Rentals
Grant Deed
$58,400 · Greenpoint Mortgage Funding
—
—
Nicole Morly
—
Deed Of Trust
related
$97,500 · Countrywide Home Loans 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 1302 K 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.
