Technical
Financial
Distress signals
Property profile

1131 23rd St Sta A Bakersfield, CA 93301

OFF-MARKET
Automotive properties
Property ID
US09-2970576
720 SF 0.11 ac lot Built 1964
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1964
Construction WOOD
Total area 720 SF
Lot 0.11 ac (4,791 SF)
Zoning code C-C
APN 005-221-04-00-8
UPID US09-2970576

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
  • Car Dealership
  • Clothing & Fashion Store

Location

1131 23rd St Sta, Unit A Bakersfield, CA 93301-2403
Bakersfield metro Census 1600 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$660k
CAP Approach CAP
by Request
Comparable Approach Comparable
$398k
Blend (final) Blend
$805k

Owner & transaction history

since 2022
Last sale
$620,000
5 recorded transactions
2022
Price N/A
2022
$620,000
2017
$400,000
2017
Price N/A
2000
Price N/A

Zoning & alternative use

C-C · Bakersfield, CA
Zoning description

The C-C zone is intended for those areas in the city that are planned for large-scale mixed use development centers consisting of commercial and high density residential uses with a minimum density of 20.1 dwelling units…

General category MIXED_USE

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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