Technical
Financial
Distress signals
Property profile

1031 Espee St Bakersfield, CA 93301

OFF-MARKET
Warehouses
Property ID
US09-0477970
23,085 SF 0.7 ac lot Built 1946
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1946
Construction WOOD
Total area 23,085 SF
Lot 0.7 ac (30,491 SF)
Zoning code M-1
APN 002-213-01-00-9
UPID US09-0477970

Cap rate & NOI

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

Location

1031 Espee St Bakersfield, CA 93301
Bakersfield metro Census 603 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.14M
Blend (final) Blend
$855k

Owner & transaction history

since 2019
7 recorded transactions
2019
$615,000
2012
Price N/A
2007
Price N/A
2000
$220,000
2000
Price N/A
1991
$75,000
1969
Price N/A

Zoning & alternative use

M-1 · Bakersfield, CA
Zoning description

The intent of M-1 zone is to promote light manufacturing and related uses

General category INDUSTRIAL

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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