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Property profile & analytics
OFF-MARKET
Car washes
129 21st St Bakersfield, CA 93305-5113
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-0529386
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1976
Construction
WOOD
Total area
5,628 SF
Lot
0.17 ac (7,405 SF)
Zoning code
M-1
APN
016-140-04-00-8
UPID
US09-0529386
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
-
Performance Driveline Auto Repair Shop Big Box & Wholesale Store
-
C10 Crewcab Auto Parts Store
-
Axle Suregeons of Bakersfield Auto Repair Shop Big Box & Wholesale Store
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
Kevin Vernon · 5 yrs held
Kevin Vernon
since 2021
Last sale
$167,000
7 recorded transactions
Zoning & alternative use
M-1 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of M-1 zone is to promote light manufacturing and related uses
Zone name
Light Manufacturing
General category
INDUSTRIAL
Zone area
4,337.24 ac
Source
Realmo
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
$6,652
Tax year 2023
Assessed value
$544,129
Assessed 2023
Previous assessed
$544,129
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$57,222
Assessed improvement
$486,907
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1976
Construction
WOOD
Heating
YES
Cooling
YES
Total area
5,628 SF
Lot
0.17 ac (7,405 SF)
Zoning code
M-1
APN
016-140-04-00-8
UPID
US09-0529386
Jurisdiction
KERN
Zoning & alternative use
M-1 · Bakersfield, CAZoning M-1 · permitted uses
M-1 · Bakersfield, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of M-1 zone is to promote light manufacturing and related uses
Zone name
Light Manufacturing
General category
INDUSTRIAL
Zone area
4,337.24 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1976
Construction
WOOD
Heating
YES
Cooling
Yes
Lot
0.17 ac
Current owner
From public records · entity-resolved
Kevin Vernon
Individual
Mailing address
240 DI GIORGIO RD, BAKERSFIELD, CA 93307-9235
Ownership since
2021
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
Mar 26, 2021
—
Kevin Vernon
James E Vernon
Intrafamily Transfer
related
—
Dec 6, 2017
—
James E Vernon
—
Deed
related
$135,000 · Michael Garcia
Oct 28, 1999
$167,000
James E Vernon
Mooneys Rentals
Grant Deed
$133,600 · Seller
Apr 30, 1999
—
Joseph L Mooney
Mooney,joseph L
Quit Claim Deed
related
$175,000 · Elmer F Karpe INC
—
—
Joseph L Mooney
—
Deed Of Trust
related
$20,000 · Elmer F Karpe INC
—
—
James E Vernon
—
Deed Of Trust
related
$110,000 · Bert Shaw
—
—
James E Vernon
—
Deed Of Trust
related
$135,000 · Michael Garcia
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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