Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10612 Rosedale Hwy Bakersfield, CA 93312-3208
    Back to Search
    Property profile & analytics

    10612 Rosedale Hwy, Bakersfield, CA 93312-3208

    View on Map
    • Motels
    • 11,016 SF
    • 0.70 lot acres
    Off-Market
    Property ID
    US10-3296048
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $845,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lone Oak Lounge / Bar & Pub

    Property Details for 10612 Rosedale Hwy

    Year built
    1982
    Construction
    WOOD
    Lot size
    0.70 lot acres
    Zone code
    C-2-D
    Property type
    Motels
    APN
    450-082-10-00-8
    APU
    45008210008

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 11, 2004 $800,000 Hemant Patel Patel,vijay A Grant Deed · related $611k · Hanmi Bank
    Oct 2, 1995 $715,000 Vijay A Patel Brock,charlotte R Grant Deed $585k · Seller
    Jan 31, 1995 $588,109 Charlotte R Brock Abulencia Trust Grant Deed —
    Sep 16, 1991 $902,000 Elpidi Abulencia Brock,charlotte Grant Deed $650k · Seller
    — — Vijay A Patel — Deed Of Trust · related $125k · Individual
    — — Vijay A Patel — Deed Of Trust · related $120k · Individual
    — — Hemant Patel — Deed Of Trust · related $800k · Saehan Bank
    — — Hemant Patel — Deed Of Trust · related $745k · Wilshire State Bank
    — — Hemant Patel — Deed Of Trust · related $100k · Hanmi Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,130,000
      6.5%
      $1,045,000
      7%
      $970,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $593,000
      Market price range: $200k - $1.19M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.121
    Latitude
    35.3839
    CBSA code
    12540
    CBSA name
    BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,087
    $267,947
    $874,563
    $1,142,510
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $5,875,000
      58,000 SF

      8300 Granite Fls Dr

      MOTEL
      8300 Granite Fls Dr, Bakersfield, CA 93312-6598
      View Details
    • Value Estimation by Request
      745 SF

      2555 Jewetta Ave

      CAMPGROUND, RV PARK
      2555 Jewetta Ave, Bakersfield, CA 93312-8300
      View Details
    • Value Estimation
      $8,415,000
      83,650 SF

      8312 Espresso Dr

      HOTEL
      8312 Espresso Dr, Bakersfield, CA 93312-2112
      View Details
    • Value Estimation
      $7,130,000
      70,410 SF

      8227 Brimhall Rd

      HOTEL
      8227 Brimhall Rd, Bakersfield, CA 93312-2260
      View Details
    • Value Estimation by Request
      5.36 Acres

      Nwc Rosedale Hwy & Lassen Dr

      Land
      0 Nwc Rosedale Hwy & Lassen Dr, Bakersfield, CA 93312
      View Details
    • Value Estimation by Request
      4.76 Acres

      12701 Hageman Rd

      INDUSTRIAL - VACANT LAND
      12701 Hageman Rd, Bakersfield, CA 93312-9646
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,056 SF

      Established Smoke Shop Business

      Successful smoke shop business for sale in Bakersfield, California.
      9517 Rosedale Hwy, Bakersfield, CA 93312
      View Details
    • Contact for pricing
      12,632 SF

      Multi-Tenant Office Building For Sale

      12,632 SF multi-tenant office building 100% leased in Bakersfield, CA.
      8302 Espresso Dr, Bakersfield, CA 93312
      View Details
    • Contact for pricing

      Calloway Drive Retail Redevelopment Site

      Prime commercial land for retail redevelopment in a high-traffic location.
      2500 Calloway Dr, Bakersfield, CA 93312
      View Details
    • $1,299,000
      3,056 SF

      Mixed-Use Property on Rosedale Highway

      Versatile mixed-use property in a high-traffic Bakersfield location.
      9517 Rosedale Hwy, Bakersfield, CA 93312
      View Details
    • Contact for pricing
      3,056 SF

      Established Smoke Shop Business

      Successful smoke shop business in a high-traffic Bakersfield location.
      9517 Rosedale Hwy, Bakersfield, CA 93312
      View Details
    • Contact for pricing

      Land on Retail Corridor

      Land available on a dominant retail corridor.
      9711 Rosedale Hwy, Bakersfield, CA 93312
      View Details

    Similar Nearby for Lease

    • $895 /Mo
      12,502 SF

      Fenced Lot Near Rosedale Highway

      Fenced and gated lot available for rent in Bakersfield.
      2409 Calloway Dr, Bakersfield, CA 93312
      View Details
    • Contact for pricing

      Retail Space in Orchard Center

      Retail space available in established NW Bakersfield shopping center.
      10606 Hageman Rd, Bakersfield, CA 93312
      View Details
    • Contact for pricing
      16,320 SF

      Retail Space on Coffee Road

      Available retail space in Bakersfield, California.
      6001 Coffee Rd, Bakersfield, CA 93312
      View Details
    • Contact for pricing

      Medical and Professional Office Space

      Medical and professional office space in Bakersfield, California.
      8501 Brimhall Rd, Bakersfield, CA 93312
      View Details
    • $1.65 SF/Yr
      1,425 SF

      Retail Space on Rosedale Highway

      Retail space with high visibility on a busy thoroughfare.
      9910 Rosedale Hwy, Bakersfield, CA 93312
      View Details
    • Contact for pricing

      Grocery Anchored Shopping Center Space

      Neighborhood shopping center with grocery and drug store anchors.
      9440 Hageman Rd, Bakersfield, CA 93312
      View Details

    Property Visit Statistics

    • Visits by month
      2.4k
    • Visitors by month
      2.0k
    • Avg Time on site
      30 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10612 Rosedale Hwy
    Bakersfield, CA 93312-3208
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10612 Rosedale Hwy, Bakersfield, CA, 93312
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!