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    Property profile & analytics

    2345 Alta Vis Dr Bakersfield, CA 93305-2503

    • Turn key restaurants
    • 7,496 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $250,000
    Last Sale
    Oct 12, 2023
    $250,000
    Location Intelligence
    Property ID
    US09-3400857
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 2345 Alta Vis Dr

    Year built
    1946
    Construction
    WOOD
    Lot size
    0.26 lot acres
    Property size
    7,496 SF
    Zone code
    C-1
    Property type
    Turn key restaurants
    APN
    125-160-01-00-0
    APU
    12516001000

    Description

    This exceptional 7,496-square-foot commercial property, located at 2345 Alta Vista Dr, Bakersfield, CA 93305, presents a unique investment opportunity. Currently vacant, this single-tenant building offers a versatile space ideal for a restaurant or social event hall. Situated on a sizable 11,325-square-foot lot, the property boasts a prominent corner location in the Alta Vista area, near the Panorama Vista Preserve, ensuring high visibility and accessibility. The building is a single-story structure, zoned C-1, providing flexibility for various commercial uses. The property's Kern County location, specifically within the Northeast Bakersfield submarket (APN 125-160-01), offers access to a thriving community. With its ample square footage and desirable location, this property is perfectly positioned to capitalize on the area's growing demand for commercial spaces. The significant size of the lot also allows for potential expansion or outdoor amenities. This is a rare opportunity to acquire a well-situated, substantial commercial property in a dynamic Bakersfield neighborhood. Serious inquiries are encouraged.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $290,000
      6.5%
      $270,000
      7%
      $295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $320,000
      Geo Method
      $290,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $280,000
      Retail
      $270,000
      Mixed-Use
      $270,000
      Hospitality
      $285,000
      Educational
      $245,000
      Residential Income
      $270,000
      Energy
      $285,000
      Income-Based Land
      $295,000
      Food Service
      $235,000

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -118.994
    Latitude
    35.3941
    CBSA code
    12540
    CBSA name
    BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,057
    $31,918
    $46,949
    $78,867
    -
    $0.00
    $0.00
    $0.00

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    • Value Estimation
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    • Value Estimation by Request
      502 SF

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      RESTAURANT • 502 SF
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    Bakersfield, CA 93305-2503
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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