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Property profile & analytics
OFF-MARKET
Estimated value
$1,045,000
Theaters & concert halls
1430 Weedpatch Hwy Bakersfield, CA 93307-9325
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3785963
Property profile
Verified
Property type
Theaters & concert halls
Use group
AUDITORIUM
Year built
2000
Construction
STEEL FRAME
Total area
29,070 SF
Lot
4.61 ac (200,811 SF)
Zoning code
C2
APN
173-080-16-00-2
UPID
US09-3785963
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
-
Paradise Palace Hall Hotel & Motel Resort
-
U-Haul Neighborhood Dealer Car Rental Facility
-
International Foods Group 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
$1.05M
Owner & transaction history
Tele INC · 2 yrs held
Tele INC
since 2023
7 recorded transactions
Zoning & alternative use
C2 · 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
THEATER (MOVIE)
$1,710,000
Current use
Blend value · Realmo final
$1.05M
Range $941k – $1.15M · ±10%
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
$36 / 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
$30,950
Tax year 2023
Assessed value
$2,621,981
Assessed 2023
Previous assessed
$2,621,981
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$277,313
Assessed improvement
$2,344,668
Applied tax rate
68.0000
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
Theaters & concert halls
Use group
AUDITORIUM
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
5
Total area
29,070 SF
Lot
4.61 ac (200,811 SF)
Zoning code
C2
APN
173-080-16-00-2
UPID
US09-3785963
Jurisdiction
KERN
Zoning & alternative use
C2 · Bakersfield, CA
Zoning C2 · permitted uses
C2 · 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
THEATER (MOVIE) Current
Est. value
$1.7M
THEATER (MOVIE) Current
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
2000
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
5
Lot
4.61 ac
Current owner
From public records · entity-resolved
Tele INC
Entity
Mailing address
1440 WEEDPATCH HWY, BAKERSFIELD, CA 93307-9326
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2023
—
Tele INC
—
Deed
related
$2,155,000 · State Bank Of India (california)
Oct 3, 2019
—
Tele INC
—
Deed
related
$700,000 · Mid Vly Svcs
Feb 22, 2019
—
Tele INC
—
Deed
related
—
Feb 11, 2019
—
Tele INC
—
Deed
related
$1,705,000 · State Bk/india
Feb 13, 2017
—
Tele INC
—
Deed
related
$250,000 · Charan S Dhaliwal
—
—
Tele INC
—
Deed Of Trust
related
—
—
—
Tele INC
—
Deed Of Trust
related
$1,705,000 · State Bk/india
—
—
Nazar S Kooner
—
Deed Of Trust
related
$482,100 · Nebraska St Bk
—
—
Tele INC
—
Deed Of Trust
related
$700,000 · Mid Vly Svcs
—
—
Nazar S Kooner
—
Deed Of Trust
related
$60,000 · R S Finance INC R S Finance INC
—
—
Tele INC
—
Deed Of Trust
related
$250,000 · Charan S Dhaliwal
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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