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Property profile & analytics
OFF-MARKET
Estimated value
$3,360,000
Warehouses
1135 Enos Ln Bakersfield, CA 93314-9548
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-1338185
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
2005
Construction
STEEL FRAME
Total area
6,000 SF
Lot
5.61 ac (244,371 SF)
Zoning code
M2/PD
APN
104-240-51-00-5
UPID
US09-1338185
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
-
Freon Logistics Logistics Company Freight Service
-
Mc Junkin Redman Corporation Oilfield
-
New Legend, Bakersfield Yard Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.36M
Owner & transaction history
Sh Bakersfield LLC · 3 yrs held
Sh Bakersfield LLC
since 2023
Last sale
$4.4M
7 recorded transactions
Zoning & alternative use
M2/PD · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.4M
+212.3%
Neighborhood: shopping center
$2.1M
+166.1%
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
$3,525,000
ML approach
$3,285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,430,000
Change: +212% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,070,000
Change: +166% · Conversion: Moderate
Blend value · Realmo final
$3.36M
Range $3.02M – $3.70M · ±10% · vs last sale $4.35M (Apr 27 2023)
Last sale anchor
$4.35M
Apr 27 2023
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
$560 / 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
$22,134
Tax year 2023
Assessed value
$1,899,731
Assessed 2023
Previous assessed
$1,899,731
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$507,715
Assessed improvement
$1,392,016
Applied tax rate
114.0000
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
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Year built
2005
Construction
STEEL FRAME
Heating
NONE
Stories
2
Total area
6,000 SF
Lot
5.61 ac (244,371 SF)
Zoning code
M2/PD
APN
104-240-51-00-5
UPID
US09-1338185
Jurisdiction
KERN
Zoning & alternative use
M2/PD · Bakersfield, CA
Zoning M2/PD · permitted uses
M2/PD · 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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$2.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Construction
STEEL FRAME
Heating
NONE
Stories
2
Lot
5.61 ac
Current owner
From public records · entity-resolved
Sh Bakersfield LLC
Entity
Mailing address
1235 OSWALD RD, YUBA CITY, CA 95991-9719
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2023
$4,350,000
Sh Bakersfield LLC
Jeffrey M Vetter
Grant Deed
$2,150,000 · Tbk Bank Ssb
Jan 21, 2021
$2,500,000
Freon Logistics INC
Whaley S B & K D F/tr
Grant Deed
$2,100,000 · Familiy S B & K D W Trust (pt)
Jun 22, 2016
—
Steves Oilfield Service INC
—
Deed
related
$400,000 · Valley Republic Bank
Nov 19, 2010
—
Rowan Projects INC
Ra Rowan & Co
Quit Claim Deed
related
—
Feb 22, 2005
—
Steves Oilfield Service INC
—
Trustees Deed
related
$750,000 · Mission Bank
Mar 1, 1976
$49,500
—
—
Grant Deed
related
—
—
—
Steves Oilfield Service INC
—
Deed Of Trust
related
$750,000 · Mission Bank
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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