New search
Property profile & analytics
OFF-MARKET
Parking lots & garages
1216 Miller St, Bakersfield, CA 93305
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US10-2963167
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Construction
WOOD FRAME
Lot
0.08 ac (3,484 SF)
Zoning code
C-1
APN
015-240-09-00-5
UPID
US10-2963167
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Spssm Investments Ix LP · 6 yrs held
Spssm Investments Ix LP
since 2019
7 recorded transactions
Zoning & alternative use
C-1 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$128
Tax year 2023
Assessed value
$10,721
Assessed 2023
Previous assessed
$10,721
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$10,721
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Lot
0.08 ac (3,484 SF)
Zoning code
C-1
APN
015-240-09-00-5
UPID
US10-2963167
Jurisdiction
KERN
Zoning & alternative use
C-1 · Bakersfield, CA
Zoning C-1 · permitted uses
C-1 · 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
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Lot
0.08 ac
Current owner
From public records · entity-resolved
Spssm Investments Ix LP
Entity
Mailing address
4900 SANTA ANITA AVE #109, EL MONTE, CA 91731-1490
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
Aug 19, 2019
—
Spssm Investments Ix LP
Golden Opportunity No 14 LP
Grant Deed
$270,000 · East West Bank
May 30, 2014
$129,500
H & S 26 LLC
1229 Niles LLC
Grant Deed
—
Jul 31, 2013
—
1229 Niles LLC
Threatt,donald E & Perri
Deed In Lieu Of Foreclosure
related
—
Jul 19, 2004
—
Donald E Threatt
Kamaal 1994 Trust
Grant Deed
$900,000 · Kamaal 1994 Trust
Mar 1, 2004
$245,000
Kamaal 1994 Trust
Scheimberg,horacio
Grant Deed
—
Mar 1, 2004
—
Horacio Scheimberg
Scheimberg,linda K
Quit Claim Deed
related
—
Apr 4, 2002
—
Joseph R Giumarra
Giumarra,glorianna R
Quit Claim Deed
related
—
Mar 9, 1990
$28,500
Yolan Miramontes
Millar,ben O
Grant Deed
related
—
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 1216 Miller St?
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.
