Technical
Financial
Distress signals
Property profile

1029 California Ave Bakersfield, CA 93307

OFF-MARKET
Drive through restaurants
Property ID
US09-3375794
2,666 SF 2.08 ac lot
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Construction WOOD FRAME
Total area 2,666 SF
Lot 2.08 ac (90,604 SF)
Zoning code C-2
APN 018-040-70-00-4
UPID US09-3375794

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1029 California Ave Bakersfield, CA 93307
Bakersfield metro Census 2202 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$205k

Owner & transaction history

since 2020
Last sale
$160,000
5 recorded transactions
2020
$175,000
2019
$160,000
2015
Price N/A
2011
Price N/A
2011
Price N/A

Zoning & alternative use

C-2 · Bakersfield, CA
Zoning description

The purpose of C-2 zone is to permit development of concentrated large-scale retail operations providing a broad range of goods and services which serve the metropolitan market area

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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