New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,650,000
Retail properties & Spaces
1200 Brundage Ln, Bakersfield, CA 93304-3111
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-3011962
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1979
Construction
WOOD
Total area
4,800 SF
Lot
0.2 ac (8,712 SF)
Zoning code
C-2
APN
010-322-20-00-8
UPID
US09-3011962
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.65M
Owner & transaction history
Standard Capital Ventures LLC · 2 yrs held
Standard Capital Ventures LLC
since 2024
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
C-2 · 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
$1,650,000
ML approach
$1,650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.65M
Range $1.49M – $1.82M · ±10% · vs last sale $1.65M (Jun 5 2024)
Last sale anchor
$1.65M
Jun 5 2024
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
$344 / 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
$3,653
Tax year 2023
Assessed value
$309,499
Assessed 2023
Previous assessed
$309,499
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$48,119
Assessed improvement
$261,380
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
YES
Cooling
YES
Stories
2
Total area
4,800 SF
Lot
0.2 ac (8,712 SF)
Zoning code
C-2
APN
010-322-20-00-8
UPID
US09-3011962
Jurisdiction
KERN
Zoning & alternative use
C-2 · Bakersfield, CA
Zoning C-2 · permitted uses
C-2 · 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
1979
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
Standard Capital Ventures LLC
Entity
Mailing address
PO BOX 12773, BAKERSFIELD, CA 93389-2773
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2024
$1,650,000
Standard Capital Ventures LLC
Adolfo Martinez
Grant Deed
$1,398,875 · Adolfo Martinez Etux
Dec 9, 2021
—
Adolfo Martinez
—
Deed
related
$10,000 · Valley Republic Bank
Nov 30, 2020
—
Adolfo Martinez
—
Deed
related
$448,194 · Phares Trust (pt)
Apr 27, 2018
—
John R Witt JR.
Weisfuss,jonathan R
Quit Claim Deed
—
Apr 27, 2018
$710,000
Adolfo Martinez
Witt,john R JR
Grant Deed
$448,194 · Phares Trust (pt)
Dec 13, 2017
$600,000
John R Witt JR.
Phares Trust
Grant Deed
$450,000 · Phares Trust (pt)
May 21, 2001
—
Phares,tr
Phares,robert & Mary L
Quit Claim Deed
related
—
Aug 18, 1993
—
Robert Phares
Phares Brothers
Quit Claim Deed
related
—
Aug 18, 1993
$96,500
Robert Phares
Phares,don D & G
Grant Deed
related
$216,000 · Sanwa Bank California
Oct 21, 1992
$165,000
Brothers Phares
B S & E Co INC
Grant Deed
—
—
—
Adolfo Martinez
—
Loan Modification
related
$448,194 · Phares Trust (pt)
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1200 Brundage Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
