Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,360,000
Medical Office Space
1801 Westwind Dr Bakersfield, CA 93301-3028
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US09-0166097
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1992
Construction
WOOD
Total area
34,560 SF
Lot
3.39 ac (147,668 SF)
Zoning code
C-2
APN
332-440-07-00-9
UPID
US09-0166097
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
-
Saunders Richard W Physician Medical Clinic
-
Bakersfield VA Clinic Medical Clinic
-
Bakersfield Community Based Outpatient Clinic Medical Clinic
-
Wiebe Jacqueline MD Physician
-
Fucanan Vilma D MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.08M
Comparable Approach
Comparable
$6.78M
Blend (final)
Blend
$6.36M
Owner & transaction history
Cardinal Group LLC · 20 yrs held
Cardinal Group LLC
since 2005
5 recorded transactions
Zoning & alternative use
C-2 · 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%
$7,670,000
6.5%
$7,080,000
7%
$6,575,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$7,995,000
Current use
OFFICE BUILDING
$6,855,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$6.36M
Range $5.72M – $7.00M · ±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
$184 / 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
$71,369
Tax year 2023
Assessed value
$6,030,000
Assessed 2023
Previous assessed
$6,030,000
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,034,000
Assessed improvement
$4,996,000
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
1992
Construction
WOOD
Heating
YES
Cooling
OTHER
Stories
1
Total area
34,560 SF
Lot
3.39 ac (147,668 SF)
Zoning code
C-2
APN
332-440-07-00-9
UPID
US09-0166097
Jurisdiction
KERN
Zoning & alternative use
C-2 · Bakersfield, CA
Zoning C-2 · permitted uses
C-2 · 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
$8.0M
OFFICE BUILDING
Est. value
$6.9M
MEDICAL BUILDING Current
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
1992
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
3.39 ac
Current owner
From public records · entity-resolved
Cardinal Group LLC
Entity
Mailing address
8665 WILSHIRE BLVD STE #410, BEVERLY HILLS, CA 90211-2933
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2005
—
Cardinal Group LLC
Westwind Drive LLC
Grant Deed
$4,687,500 · Rabobank
Jan 14, 2004
$109,545
Westwind Drive LLC
Moreland Corp
Grant Deed
$3,800,000 · Valley Independent Bank
Oct 12, 1995
—
Moreland Corporation
Moreland,terry L & Peggy J
Quit Claim Deed
$3,750,000 · Life Insurance Co Southwest
—
—
Cardinal Grp LLC
—
Loan Modification
related
$3,944,000 · Rabobank
—
—
Terry L Moreland
—
Deed Of Trust
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1801 Westwind Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
