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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Medical Office Space
2540 G St Bakersfield, CA 93301-2812
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-2985909
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1964
Construction
WOOD
Total area
3,167 SF
Lot
0.16 ac (6,969 SF)
APN
001-281-11-00-8
UPID
US10-2985909
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
-
Central California Dental Academy Training Center Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
$650k
Comparable Approach
Comparable
$538k
Blend (final)
Blend
$540k
Owner & transaction history
Ching Tsai D D S INC · 3 yrs held
Ching Tsai D D S INC
since 2022
Last sale
$451,500
6 recorded transactions
Zoning & alternative use
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
$585,000
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
$705,000
6.5%
$650,000
7%
$605,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$735,000
Current use
OFFICE BUILDING
$630,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $452k (Sep 23 2022)
Last sale anchor
$452k
Sep 23 2022
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
$171 / 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
$5,883
Tax year 2023
Assessed value
$478,928
Assessed 2023
Previous assessed
$478,928
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$75,000
Assessed improvement
$403,928
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
1964
Construction
WOOD
Heating
YES
Cooling
OTHER
Stories
1
Total area
3,167 SF
Lot
0.16 ac (6,969 SF)
APN
001-281-11-00-8
UPID
US10-2985909
Jurisdiction
KERN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$735,000
OFFICE BUILDING
Est. value
$630,000
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
1964
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Ching Tsai D D S INC
Entity
Mailing address
9617 PRADO DEL REY DR, BAKERSFIELD, CA 93314-8561
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2022
$451,500
Ching Tsai D D S INC
Bruce A Massee
Grant Deed
$361,200 · Bmo Harris Bank NA
Jul 31, 2020
—
Massee,b A & M C Fam Trust
Bruce A Massee
Quit Claim Deed
related
—
Aug 23, 2010
—
Schellenberg Family Trust
Schellenberg,roberta L
Affidavit Of Death
related
—
Jul 25, 2003
$245,000
Bruce C Massee
Johnson,tr
Grant Deed
$135,000 · Johnson Trust
Apr 16, 2003
—
Johnson,tr
Johnson,tr
Quit Claim Deed
related
—
—
—
Bruce A Massee
—
Deed Of Trust
related
$100,000 · Schellenberg Family Trust 006329
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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