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Property profile & analytics
OFF-MARKET
Estimated value
$3,600,000
Motels
2514 White Ln Bakersfield, CA 93304-6812
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US10-3261734
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1984
Construction
WOOD
Total area
26,313 SF
Lot
1.53 ac (66,646 SF)
Zoning code
C-2
APN
405-010-22-00-8
UPID
US10-3261734
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
-
Studio 6 Bakersfield, CA - South Hotel & Motel Vacation Rental
-
Bakersfield Inn & Suites Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.60M
CAP Approach
CAP
$3.05M
Comparable Approach
Comparable
$2.33M
Blend (final)
Blend
$3.60M
Owner & transaction history
Hlm Hospitality LLC · 2 yrs held
Hlm Hospitality LLC
since 2024
Last sale
$3.6M
7 recorded transactions
Zoning & alternative use
C-2 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.1M
+39.5%
Auto repair, garage
$4.2M
+14.4%
Retail stores
$3.8M
+4.2%
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
$3,600,000
ML approach
$3,600,000
CAP Approach
CAP Return
Estimation
6%
$3,300,000
6.5%
$3,045,000
7%
$2,830,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,665,000
Current use
OFFICE BUILDING
$5,110,000
Change: +39% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,190,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$3,815,000
Change: +4% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,550,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$3.60M
Range $3.24M – $3.96M · ±10% · vs last sale $3.60M (Feb 28 2024)
Last sale anchor
$3.60M
Feb 28 2024
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
$137 / 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
$54,400
Tax year 2023
Assessed value
$4,489,139
Assessed 2023
Previous assessed
$4,489,139
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$858,932
Assessed improvement
$3,630,207
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1984
Construction
WOOD
Heating
YES
Cooling
WINDOW A/C
Stories
2
Units
66
Total area
26,313 SF
Lot
1.53 ac (66,646 SF)
Zoning code
C-2
APN
405-010-22-00-8
UPID
US10-3261734
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
HOTEL/MOTEL Current
Est. value
$3.7M
OFFICE BUILDING
Est. value
$5.1M
AUTO REPAIR, GARAGE
Est. value
$4.2M
RETAIL STORES
Est. value
$3.8M
INDUSTRIAL (GENERAL)
Est. value
$3.6M
HOTEL/MOTEL Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1984
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Units
66
Lot
1.53 ac
Current owner
From public records · entity-resolved
Hlm Hospitality LLC
Entity
Mailing address
6501 COLONY ST, BAKERSFIELD, CA 93307-6533
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2024
$3,600,000
Hlm Hospitality LLC
Bakcal Incorporated
Grant Deed
$2,340,000 · Central Valley Community Bank
Sep 9, 2020
—
Bakcal INC
Bhagat N & R L/tr
Quit Claim Deed
related
—
Dec 18, 2006
—
Chang Family Trust
Chang,chuyong
Quit Claim Deed
related
—
Oct 12, 2006
$3,750,000
Bhagat N & R Living Trust
Chang,chuyong
Grant Deed
$2,437,500 · Hanmi Bank
Dec 14, 2001
$2,100,000
Chuyong Chang
White Lane LLC
Grant Deed
$993,000 · Zions First National Bank
Apr 15, 1997
$374,000
White Lane LLC
White Lane LP
Grant Deed
related
—
—
—
Lane LP White
—
Deed Of Trust
related
$30,000 · Individual
—
—
Lane LP White
—
Deed Of Trust
related
$76,614 · Individual
—
—
White Lane LLC
—
Deed Of Trust
related
$820,000 · General Bank
—
—
Bhagat N & R Living Trust
—
Deed Of Trust
related
$1,572,000 · Private Lender
—
—
Chuyong Chang
—
Deed Of Trust
related
$1,575,000 · Blx Capital LLC
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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