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Property profile & analytics
FOR LEASE
Warehouses
2700 Auto Mall Dr Bakersfield, CA 93313
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-3053927
For Lease
1 / 2
$3,200,000
2700 Auto Mall Dr, Bakersfield, CA 93313
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1994
Construction
WOOD
Total area
15,000 SF
Lot
1.15 ac (50,093 SF)
Zoning code
M1
APN
372-021-41-00-4
UPID
US09-3053927
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
-
LU CABINET & GRANITE Home Decor Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.20M
CAP Approach
CAP
$3.37M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.20M
Owner & transaction history
Kms Mechanics INC · 2 yrs held
Kms Mechanics INC
since 2024
Last sale
$3.2M
6 recorded transactions
Zoning & alternative use
M1 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$5.2M
+166.1%
Medical building
$3.4M
+76.4%
Office building
$3.2M
+62.9%
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
$3,200,000
ML approach
$3,200,000
CAP Approach
CAP Return
Estimation
6%
$3,650,000
6.5%
$3,365,000
7%
$3,125,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,945,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$5,175,000
Change: +166% · Conversion: Moderate
MEDICAL BUILDING
$3,430,000
Change: +76% · Conversion: Difficult
OFFICE BUILDING
$3,165,000
Change: +63% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,080,000
Change: +58% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,390,000
Change: +23% · Conversion: Easy
Blend value · Realmo final
$3.20M
Range $2.88M – $3.52M · ±10% · vs last sale $3.20M (May 15 2024)
Last sale anchor
$3.20M
May 15 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
$213 / 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
$13,329
Tax year 2023
Assessed value
$1,072,318
Assessed 2023
Previous assessed
$1,072,318
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$211,322
Assessed improvement
$860,996
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1994
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
15,000 SF
Lot
1.15 ac (50,093 SF)
Zoning code
M1
APN
372-021-41-00-4
UPID
US09-3053927
Jurisdiction
KERN
Zoning & alternative use
M1 · Bakersfield, CA
Zoning M1 · permitted uses
M1 · 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
WAREHOUSE, STORAGE Current
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.2M
MEDICAL BUILDING
Est. value
$3.4M
OFFICE BUILDING
Est. value
$3.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$2.4M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1994
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
1.15 ac
Current owner
From public records · entity-resolved
Kms Mechanics INC
Entity
Mailing address
2700 AUTO MALL DR, BAKERSFIELD, CA 93313-3734
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2024
$3,200,000
Kms Mechanics INC
Raycor LLC
Grant Deed
$2,560,000 · Bank Of America NA
May 8, 2009
—
Raycor LLC
Raycor Corp
Quit Claim Deed
—
Jul 25, 2006
—
Raycor Corp
Frainer,daniel B & Helene L
Quit Claim Deed
related
—
Oct 9, 1996
$685,000
Daniel B Frainer
Hewitt,charles S & Theresa L
Grant Deed
$285,000 · Individual
Mar 9, 1994
—
Charles S Hewitt
Wible Business P
Grant Deed
related
—
Mar 6, 1992
—
Business P Wible
First Interstate
Grant Deed
$1,763,250 · Seller
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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