Realmo Analytics

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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. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

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

· Nov 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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