Technical
Financial
Distress signals
Property profile

1107 Olive Dr 1215 Bakersfield, CA 93308

OFF-MARKET
Parking lots & garages
Property ID
US09-4620636
0.35 ac lot
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Construction WOOD FRAME
Lot 0.35 ac (15,245 SF)
Zoning code M-2
APN 116-200-03-00-1
UPID US09-4620636

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Barber Shop
  • Hair Salon Nail Salon

Location

1107 Olive Dr, Unit 1215 Bakersfield, CA 93308-4141
Bakersfield metro Census 300 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2003
Price N/A
2003
$6.5M
1999
Price N/A
1996
Price N/A
1995
$4.1M
1969
Price N/A

Zoning & alternative use

M-2 · Bakersfield, CA
Zoning description

The intent of M-1 zone is to promote general industrial 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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