Entity Owned Property summary
This exceptional net-leased investment opportunity presents a 14,419 square foot Family Dollar convenience store and storefront located at 2151 S Chester Ave, Bakersfield, CA 93304. The property sits on a 2.1-acre lot with ample parking, including a steel shed added in 1980. The two buildings boast a strong performance history, with the tenant, Family Dollar (operating over 8,300 stores nationwide), having recently exercised their first option for lease renewal, securing a long-term corporate… guarantee. Recent renovations include complete remodels in 2021 and 2023, and a new HVAC system installed in 2024. The property offers a compelling 6.41% cap rate with a current NOI of $96,150, and an asking price of $1,500,000. The property is zoned for mixed use, presenting potential for future expansion. Its prime location offers excellent visibility and accessibility, with proximity to the Bakersfield Municipal Airport and Kern County Fairgrounds, and numerous other retail establishments along Chester Avenue, including O'Reilly's, Ace Hardware, and Dollar General. This 100% occupied, single-tenant property represents a secure and potentially lucrative investment opportunity with significant upside potential. The property was built in 1956.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 15 properties nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 11,960 SF
- Lot area
- 0.9 ac
- Year built
- 1956
- Stories
- 1
- APN
- 166-113-03-00-1
- Zoning
- C2
- Assessed value · 2023
- $1,183,601
- Annual tax · 2023
- $14,312
- Auto Repair, Garage
- Retail Stores · current use
- Industrial (general)
- Apartment House (5+ Units)
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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