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Financial
Distress signals
Property profile

1711 28Th St Bakersfield, CA 93301

FOR LEASE
Medical Office Space
Property ID
US09-5379397
4,802 SF 0.15 ac lot Built 1955
Last sale Dec 2024 · $888,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A freestanding medical office building in Downtown Bakersfield, located within walking distance of Adventist Health’s downtown hospital campus and near multiple medical and civic uses including Adventist Health Hospital, Memorial Hospital, Mercy Hospital Downtown, Kaiser Permanente medical offices, restaurants, and government offices. The building totals 4,802 square feet and is configured with an efficient medical-office layout featuring sixteen exam rooms and six ADA-compliant restrooms. It…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$663k
Assessed land$87k
Assessed improvement$576k
Effective rate1.21%

Value estimate

· Oct 2026
$890k
$801k – $979k
AI approach$890k
CAP approach$985k
Submarket $/SF estimate$1.15M
NOI build-up
Gross scheduled income$101k
Vacancy & credit loss−$16k
Operating expenses−$21k
NOI · 3,850,303.03% cap applied$64k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$231/SF
ZIP average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$171 – $304
Qualifying comparables3

Cap rate analysis

How does the asset earn?
3,850,303.03%
$64k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-1
The purpose of C-1 zone is to provide an adequate variation of retail establishments and services that conveniently serve the needs of re...
General categoryCOMMERCIAL
JurisdictionKERN

Location intelligence

Which uses thrive at this corner?
Best fit: Veterinary Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Veterinary Clinic9.5
Watch Repair Shop8.9
Laundromat8.6

Location

1711 28Th St Bakersfield, CA 93301
County assessor Recorded deeds · 9 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3807 San Dimas, Bakersfield, CA 93301-5730 $300,000 Apr 2025 6,076 SF
3941 San Dimas, Bakersfield, CA 93301-5734 $505,000 Dec 2024 4,040 SF
2634 G, Bakersfield, CA 93301-2814 $1,125,000 Sep 2024 5,589 SF
2120 19th, Bakersfield, CA 93301-3709 $2,450,000 Sep 2024 4,978 SF
1701 26th, Bakersfield, CA 93301-2803 $1,010,000 Aug 2024 4,111 SF
1705 28th, Bakersfield, CA 93301-1902 $54,000 Oct 2023 5,108 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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