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Property profile & analytics
OFF-MARKET
Estimated value
$1,015,000
Medical Office Space
1701 26th St Bakersfield, CA 93301-2803
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-3007632
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1963
Construction
WOOD
Total area
4,111 SF
Lot
0.3 ac (13,068 SF)
Zoning code
CO
APN
001-281-12-00-1
UPID
US09-3007632
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
-
Dr. John M. Hewitt, MD Physician
-
Donald G Md Tohm Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.14M
CAP Approach
CAP
$840k
Comparable Approach
Comparable
$852k
Blend (final)
Blend
$1.02M
Owner & transaction history
Eckermann & Co LLC · 1 yrs held
Eckermann & Co LLC
since 2024
Last sale
$1.0M
6 recorded transactions
Zoning & alternative use
CO · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.4M
+49.1%
Auto repair, garage
$1.4M
+41.8%
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
$1,250,000
ML approach
$1,135,000
CAP Approach
CAP Return
Estimation
6%
$915,000
6.5%
$840,000
7%
$780,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$950,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,420,000
Change: +49% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,350,000
Change: +42% · Conversion: Difficult
OFFICE BUILDING
$815,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$1.02M
Range $914k – $1.12M · ±10% · vs last sale $1.01M (Aug 21 2024)
Last sale anchor
$1.01M
Aug 21 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
$247 / 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
$6,014
Tax year 2023
Assessed value
$490,000
Assessed 2023
Previous assessed
$490,000
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$105,000
Assessed improvement
$385,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1963
Construction
WOOD
Heating
YES
Cooling
OTHER
Stories
1
Total area
4,111 SF
Lot
0.3 ac (13,068 SF)
Zoning code
CO
APN
001-281-12-00-1
UPID
US09-3007632
Jurisdiction
KERN
Zoning & alternative use
CO · Bakersfield, CA
Zoning CO · permitted uses
CO · 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
MEDICAL BUILDING Current
Est. value
$950,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.4M
OFFICE BUILDING
Est. value
$815,000
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1963
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Eckermann & Co LLC
Entity
Mailing address
7332 E CLAREMONT ST, SCOTTSDALE, AZ 85250-5527
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2025
—
Eckermann & Co Limited Liability Co
—
Deed
related
$892,500 · First-citizens Bank & Trust Company
Nov 21, 2024
$1,010,000
Eckermann & Co LLC
1701 26th Street Holding LLC
Grant Deed
$950,000 · Eagle Point Business Park LLC
Mar 10, 2023
$900,000
1701 26th Street Holding LLC
Lta Enterprises LLC
Grant Deed
$600,000 · Western Alliance Bank
Apr 7, 2010
$600,000
Lta Ents LLC
Tohm Family Trust
Grant Deed
$350,000 · Tom Carosella
Apr 15, 2002
—
Tohm Trust
Tohm Trust
Quit Claim Deed
related
—
—
—
Lta Ents LLC
—
Deed Of Trust
related
$540,000 · Valley Republic Bank
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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