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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Manufacturing properties
1000 21st St Bakersfield, CA 93305-5358
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US10-3247121
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1979
Construction
WOOD
Total area
5,000 SF
Lot
0.34 ac (14,810 SF)
Zoning code
M2
APN
017-030-21-00-2
UPID
US10-3247121
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
Current use
Occupant on record · Public records
-
Thermal Energy Solutions Inc Factory Production Facility
-
Rainguard Seamless Gutter Systems Construction Company General Contractor
-
Thermal Energy Inc Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$785k
Comparable Approach
Comparable
$750k
Blend (final)
Blend
$765k
Owner & transaction history
1000 E 21st Street Bakersfield · 8 yrs held
1000 E 21st Street Bakersfield
since 2018
7 recorded transactions
Zoning & alternative use
M2 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+140.8%
Office building
$1.1M
+122.4%
Auto repair, garage
$795,000
+67.8%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$850,000
6.5%
$785,000
7%
$730,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$475,000
Current use
MEDICAL BUILDING
$1,145,000
Change: +141% · Conversion: Difficult
OFFICE BUILDING
$1,055,000
Change: +122% · Conversion: Difficult
AUTO REPAIR, GARAGE
$795,000
Change: +68% · Conversion: Easy
WAREHOUSE, STORAGE
$650,000
Change: +37% · Conversion: Easy
COMMERCIAL (GENERAL)
$600,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$765k
Range $689k – $842k · ±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
$153 / 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
$6,039
Tax year 2023
Assessed value
$492,137
Assessed 2023
Previous assessed
$492,137
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$56,868
Assessed improvement
$435,269
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
5,000 SF
Lot
0.34 ac (14,810 SF)
Zoning code
M2
APN
017-030-21-00-2
UPID
US10-3247121
Jurisdiction
KERN
Zoning & alternative use
M2 · Bakersfield, CA
Zoning M2 · permitted uses
M2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$475,000
MEDICAL BUILDING
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$795,000
WAREHOUSE, STORAGE
Est. value
$650,000
COMMERCIAL (GENERAL)
Est. value
$600,000
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1979
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
1000 E 21st Street Bakersfield
Individual
Mailing address
28 EMERALD, IRVINE, CA 92614-7519
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2018
$450,000
1000 E 21st Street Bakersfield
Ayala,nelson
Grant Deed
—
May 7, 2014
—
Mid St. Dev
Ayala,nelson
Grant Deed
related
—
Sep 25, 2013
$183,000
Nelson Ayala
Mission Bk
Grant Deed
$182,561 · Valley Republic Bank
Jul 20, 2012
$171,500
Mission Bk
Stewart Default Services
Trustees Deed
related
—
Oct 19, 2007
$455,000
Ernie Hernandez JR.
Memos Properties LLC
Grant Deed
$227,500 · Mission Bank
Oct 16, 2006
$395,000
Memos Properties LLC
Arthur,robert T
Grant Deed
—
Jul 7, 2005
—
Robert T Arthur
Arthur,robert T
Quit Claim Deed
related
—
Mar 7, 2005
—
Robert T Arthur
Sabin,cherrie L
Grant Deed
related
—
Dec 13, 2001
—
Robert T Arthur
Arthur,robert T
Quit Claim Deed
related
—
Jun 20, 1996
$80,000
Robert T Arthur
Summit Sea INC
Quit Claim Deed
related
—
—
—
Ayala,nelson & De Gabriela L
—
Deed Of Trust
related
$86,000 · Mid St Dev
—
—
Ernie Hernandez JR.
—
Deed Of Trust
related
$189,000 · Mid State Development
—
—
Ayala,nelson I & De Gabriela L
—
Loan Modification
related
$101,423 · Valley Republic Bk
—
—
Robert T Arthur
—
Deed Of Trust
related
$60,000 · Christine P
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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