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Property profile & analytics
OFF-MARKET
Estimated value
$49,185,000
Hospitals
2615 Chester Ave Bakersfield, CA 93301-2014
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-2500021
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1972
Construction
WOOD
Total area
208,423 SF
Lot
2.09 ac (91,040 SF)
Zoning code
HOSP
APN
002-131-12-00-4
UPID
US09-2500021
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
-
Hanson Stephen H Employment Agency
-
Fresenius Medical Care at San Joaquin Community Hospital Dialysis Center Hospital
-
Mark Elieff, PTA Medical Clinic
-
Starbucks Cafe & Coffee Shop
-
Dr. Abraham Nisim Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$42.71M
Comparable Approach
Comparable
$63.33M
Blend (final)
Blend
$49.19M
Owner & transaction history
Roseville Sustainable Energy Partne · 2 yrs held
Roseville Sustainable Energy Partne
since 2024
1 recorded transaction
Zoning & alternative use
HOSP · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$71.9M
+49.1%
Auto repair, garage
$68.4M
+41.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$46,270,000
6.5%
$42,710,000
7%
$39,660,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$48,230,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$71,900,000
Change: +49% · Conversion: Difficult
AUTO REPAIR, GARAGE
$68,405,000
Change: +42% · Conversion: Difficult
OFFICE BUILDING
$41,355,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$49.19M
Range $44.27M – $54.10M · ±10%
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
$236 / 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
$1,355
Tax year 2023
Assessed value
$142,326,998
Assessed 2023
Previous assessed
$142,326,998
+0.0% YoY
Effective rate
0.00%
On assessed value
Assessed land
$648,530
Assessed improvement
$141,678,468
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1972
Construction
WOOD
Heating
YES
Cooling
YES
Stories
5
Total area
208,423 SF
Lot
2.09 ac (91,040 SF)
Zoning code
HOSP
APN
002-131-12-00-4
UPID
US09-2500021
Jurisdiction
KERN
Zoning & alternative use
HOSP · Bakersfield, CA
Zoning HOSP · permitted uses
HOSP · 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
MEDICAL BUILDING Current
Est. value
$48.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$71.9M
AUTO REPAIR, GARAGE
Est. value
$68.4M
OFFICE BUILDING
Est. value
$41.4M
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1972
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
5
Lot
2.09 ac
Current owner
From public records · entity-resolved
Roseville Sustainable Energy Partne
Individual
Mailing address
1 PO BOX 619135TH WAY, ROSEVILLE, CA 95661-9135
Mailing matches property
Yes
Owner-occupied
Yes
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2024
—
Roseville Sustainable Energy Partne
San Joaquin Community Hospital
Lease
$288,070,000 · Us Bank NA
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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