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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Flex space
1101 33rd St Bakersfield, CA 93301-2121
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-1513559
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1944
Construction
WOOD
Total area
13,138 SF
Lot
0.94 ac (40,946 SF)
Zoning code
M1
APN
002-260-08-00-4
UPID
US09-1513559
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
-
Genenco Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$858k
Blend (final)
Blend
$640k
Owner & transaction history
Cc Craft Properties LLC · 7 yrs held
Cc Craft Properties LLC
since 2019
7 recorded transactions
Zoning & alternative use
M1 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$49 / 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
$5,147
Tax year 2023
Assessed value
$416,556
Assessed 2023
Previous assessed
$416,556
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$60,547
Assessed improvement
$356,009
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1944
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
13,138 SF
Lot
0.94 ac (40,946 SF)
Zoning code
M1
APN
002-260-08-00-4
UPID
US09-1513559
Jurisdiction
KERN
Zoning & alternative use
M1 · Bakersfield, CA
Zoning M1 · permitted uses
M1 · 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.
Building & site characteristics
From public records
Year built
1944
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.94 ac
Current owner
From public records · entity-resolved
Cc Craft Properties LLC
Entity
Mailing address
16100 HARVEST ST, BAKERSFIELD, CA 93314-9696
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2019
—
Cc Craft Properties LLC
Craft,chris & Cappie
Quit Claim Deed
related
—
Nov 16, 2015
—
James L Craft
Craft,sharon N
Affidavit Of Death
related
$955,000 · Rabobank
Jul 6, 2004
—
Chris Craft
Shar-craft INC
Quit Claim Deed
related
—
Mar 31, 1977
$116,000
Shar-craft INC
—
Grant Deed
related
—
—
—
Chris Craft
—
Deed Of Trust
related
$955,000 · Rabobank
—
—
Shar-craft INC
—
Deed Of Trust
related
$101,000 · Taft National Bank
—
—
Shar-craft INC
—
Deed Of Trust
related
$75,000 · Westamerica Bank
—
—
Chris Craft
—
Deed Of Trust
related
$250,000 · Bank Of The Sierra
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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