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Property profile & analytics
OFF-MARKET
Estimated value
$1,090,000
Office buildings
1227 Chester Ave Bakersfield, CA 93301-5431
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US10-0149583
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1970
Construction
WOOD
Total area
9,330 SF
Lot
0.27 ac (11,760 SF)
Zoning code
CC
APN
006-532-02-00-6
UPID
US10-0149583
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
-
Jasmine Nyree Educational Center Daycare Center
-
Optimal Home Health Home Health Care Service Care Services
-
Dr. madelyn M. mitchell, DDS Physician
-
Cal-Western Properties Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.09M
Owner & transaction history
Unity Rise LLC
Unity Rise LLC
since 2026
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
CC · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,620,000
Change: -12% · Conversion: Easy
RETAIL STORES
$1,510,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$1.09M
Range $981k – $1.20M · ±10% · vs last sale $1.35M (Feb 12 2026)
Last sale anchor
$1.35M
Feb 12 2026
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
$117 / 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
$6,155
Tax year 2023
Assessed value
$501,981
Assessed 2023
Previous assessed
$501,981
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$184,060
Assessed improvement
$317,921
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1970
Construction
WOOD
Heating
FORCED AIR
Cooling
OTHER
Stories
3
Total area
9,330 SF
Lot
0.27 ac (11,760 SF)
Zoning code
CC
APN
006-532-02-00-6
UPID
US10-0149583
Jurisdiction
KERN
Zoning & alternative use
CC · Bakersfield, CA
Zoning CC · permitted uses
CC · 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
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
RETAIL STORES
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
1970
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
3
Lot
0.27 ac
Current owner
From public records · entity-resolved
Unity Rise LLC
Entity
Mailing address
3761 BERNARD ST, BAKERSFIELD, CA 93306-3055
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2026
$1,350,000
Unity Rise LLC
1227 Chester Ave LLC
Grant Deed
$1,012,500 · Altaone FCU
Feb 12, 2026
—
1227 Chester Ave LLC
Rhodes Family Trust
Grant Deed
—
Jan 30, 2025
—
1227 Chester Ave LLC
Rick Rhodes
Deed
related
—
Feb 12, 2021
—
David Lynn
Bruce W Lynn
Gift Deed
related
—
May 30, 2017
$450,000
Rhodes Family Trust
Merriman R K & R Trust
Grant Deed
—
Apr 26, 2016
$550,000
Tom S Teagarden
Sbs Trust Deed Network|abernathy,david & Catherine
Trustees Deed
related
—
Nov 7, 2014
—
Tanis Shore
Shore,tanis
Quit Claim Deed
related
—
Mar 15, 2011
$825,000
David Abernathy
Teagarden,tom W & Susan T
Grant Deed
$687,475 · Tom W & Susan T Teagarden
Dec 9, 2010
$812,568
Tom W Teagarden
Sbs Trust Deed Network
Trustees Deed
related
—
Aug 11, 2005
—
P A W Ptshp
Blanton,emmett P
Grant Deed
—
Dec 5, 2003
$590,000
Emmett P Blanton
Carpenter,s
Grant Deed
$354,000 · U F Service Corp
Mar 27, 2002
$590,000
S Carrenter
Lspi Exchange Corp
Grant Deed
—
Sep 28, 2001
$590,000
Lspi Exchange Corp
Foppoli,robert S
Grant Deed
—
Jun 15, 1992
$215,000
Robert S Foppoli
Commonwealth,equ
Grant Deed
$225,000 · San Joaquin Bank
—
—
Lspi Exchange Corp
—
Deed Of Trust
related
$351,921 · Robert S
—
—
Paw Ptshp
—
Deed Of Trust
related
$700,000 · Elmer F Karpe INC
—
—
Paw Ptshp
—
Deed Of Trust
related
$800,000 · William M JR Gonsalves
—
—
David Abernathy
—
Deed Of Trust
related
$85,399 · John J Ulman
—
—
Robert S Foppoli
—
Deed Of Trust
related
$50,000 · Jack
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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