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Property profile & analytics
OFF-MARKET
Turn key restaurants
1901 Flower St Bakersfield, CA 93305-4145
Individually Owned
1-yr Hold
Free & Clear
Property ID
US09-3213308
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1933
Construction
WOOD
Total area
1,751 SF
Lot
0.2 ac (8,712 SF)
Zoning code
C-1
APN
138-032-01-00-0
UPID
US09-3213308
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
-
The Dugout Restaurant & Bar Catering Service Take-out & Catering
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
Jose Luis Valencia · 1 yrs held
Jose Luis Valencia
since 2025
Last sale
$320,000
7 recorded transactions
Zoning & alternative use
C-1 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of C-1 zone is to provide an adequate variation of retail establishments and services that conveniently serve the needs of residents in the immediate neighborhood.
Zone name
Limited Commercial
General category
COMMERCIAL
Zone area
492.41 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
$6,448
Tax year 2023
Assessed value
$389,050
Assessed 2023
Previous assessed
$389,050
+0.0% YoY
Effective rate
1.66%
On assessed value
Assessed land
$36,082
Assessed improvement
$352,968
Applied tax rate
56.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1933
Construction
WOOD
Heating
FORCED AIR
Cooling
EVAPORATIVE
Stories
1
Total area
1,751 SF
Lot
0.2 ac (8,712 SF)
Zoning code
C-1
APN
138-032-01-00-0
UPID
US09-3213308
Jurisdiction
KERN
Zoning & alternative use
C-1 · Bakersfield, CAZoning C-1 · permitted uses
C-1 · Bakersfield, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of C-1 zone is to provide an adequate variation of retail establishments and services that conveniently serve the needs of residents in the immediate neighborhood.
Zone name
Limited Commercial
General category
COMMERCIAL
Zone area
492.41 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1933
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Jose Luis Valencia
Individual
Free & Clear · 1 yrs held
Mailing address
4891 ASTOR AVE, COMMERCE, CA 90040-1114
Ownership since
2025
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
Apr 2, 2025
—
Jose Luis Valencia
Jose Luis Valencia
Deed
related
—
Jul 5, 2022
—
Jose Luis Valencia
Jose Luis Valencia
Intrafamily Transfer
related
—
Apr 9, 2019
$320,000
Jose L Valencia
Patel,ravi H
Grant Deed
—
Apr 30, 2018
—
Ravi H Patel
—
Deed
related
$184,388 · Earhart R L & F L/tr (rt)
Feb 4, 2015
$250,000
Ravi H Patel
Earhart R L & F Trust
Grant Deed
$202,500 · Earhart R L & F Trust (rt)
Sep 30, 1979
$35,000
—
—
Grant Deed
related
—
—
—
Ravi H Patel
—
Deed Of Trust
related
$184,388 · Earhart R L & F L/tr (rt)
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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