Financial
Distress signals
Property profile

3698 Ming Ave Bakersfield, CA 93309

OFF-MARKET
Gas stations
Property ID
US10-3248235
2,119 SF 0.63 ac lot Built 1965
Last sale Dec 2019 · $5,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This net lease (NNN) retail property is located at 3698 Ming Ave in Bakersfield, California. It is leased under a long-term agreement with responsibility split between structural items handled by the landlord and broader operating expenses allocated through the NNN structure. The lease includes periodic scheduled rent escalations at multi-year intervals during the initial term and through additional option periods. The property is operated under a lease counterparty associated with a 7-Eleven tenant.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$72k
Tax billed · 2023
Assessed value$6.10M
Assessed land$578k
Assessed improvement$5.52M
Effective rate1.18%

Value estimate

· Sep 2026
$330k
$297k – $363k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$780/SF
Submarket average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$322 – $1,177

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
The purpose of C-2 zone is to permit development of concentrated large-scale retail operations providing a broad range of goods and servi...
General categoryCOMMERCIAL
JurisdictionKERN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency37.0
Law Firm31.8
Electrical Service15.6

Location

3698 Ming Ave Bakersfield, CA 93309-5148
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3620 Wilson, Bakersfield, CA 93309-5213 $3,000,000 May 2025 3,000 SF
3699 Wilson Rd, Bakersfield, CA 93309-5288 $4,500,000 Mar 2022 No data
6607 Ming, Bakersfield, CA 93309-3446 $3,975,000 Nov 2021 2,180 SF
4012 White, Bakersfield, CA 93309-6856 $4,886,500 Dec 2020 3,010 SF
3601 Stockdale, Bakersfield, CA 93309-2152 $1,000,000 Sep 2020 2,400 SF
4203 Ming, Bakersfield, CA 93309-4997 $3,100,000 Mar 2020 2,490 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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