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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Drive through restaurants
2674 Mt Vernon Ave Bakersfield, CA 93306-2923
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2131162
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2004
Construction
WOOD FRAME
Total area
2,847 SF
Lot
0.95 ac (41,382 SF)
Zoning code
C2
APN
126-100-27-00-5
UPID
US10-2131162
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
-
KFC Restaurant
-
Long John Silver's Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$450k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$630k
Blend (final)
Blend
$540k
Owner & transaction history
Argonaut California Ventures INC · 2 yrs held
Argonaut California Ventures INC
since 2023
7 recorded transactions
Zoning & alternative use
C2 · Bakersfield, CA
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
by Request
ML approach
$450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$190 / 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
$25,737
Tax year 2023
Assessed value
$2,161,872
Assessed 2023
Previous assessed
$2,161,872
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$506,332
Assessed improvement
$1,655,540
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2004
Construction
WOOD FRAME
Heating
NONE
Stories
1
Total area
2,847 SF
Lot
0.95 ac (41,382 SF)
Zoning code
C2
APN
126-100-27-00-5
UPID
US10-2131162
Jurisdiction
KERN
Zoning & alternative use
C2 · Bakersfield, CA
Zoning C2 · permitted uses
C2 · 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.
Building & site characteristics
From public records
Year built
2004
Construction
WOOD FRAME
Heating
NONE
Stories
1
Lot
0.95 ac
Current owner
From public records · entity-resolved
Argonaut California Ventures INC
Entity
Mailing address
427 PO BOX 2650TH BLVD, KLAMATH FALLS, OR 97601-0200
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2023
—
Argonaut California Ventures INC
Argonaut Food Partners LLC
Assignment Of Lease (leasehold Sale)
—
Oct 9, 2015
$1,900,000
Moniem A Shaaban
Argonaut California Ventures
Grant Deed
—
Jul 20, 2015
$1,635,000
Argonaut California Ventures
Ellis Street Venture INC
Grant Deed
—
Jun 24, 2008
$1,183,000
Ellis Street Venture INC
Ge Capital Franchise Fin Corp
Grant Deed
—
Apr 9, 2004
—
Long John Silvers INC
Banducci,brian & Lisa
Grant Deed
related
—
Mar 12, 2004
—
Lisa A Banducci
Banducci,joseph F Est
Quit Claim Deed
related
—
Aug 1, 2003
—
Brian Banducci
Banducci,tr
Quit Claim Deed
related
—
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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