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Property profile & analytics
OFF-MARKET
Estimated value
$5,300,000
Motels
2700 White Ln Bakersfield, CA 93304-6816
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-3781189
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1965
Construction
WOOD
Total area
49,559 SF
Lot
2.49 ac (108,464 SF)
Zoning code
C2
APN
405-101-06-00-5
UPID
US09-3781189
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
-
Shirley house Apartment Building
-
Cheryl's place Housing Development
-
Howard Johnson by Wyndham Bakersfield Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.30M
CAP Approach
CAP
$5.74M
Comparable Approach
Comparable
$6.44M
Blend (final)
Blend
$5.30M
Owner & transaction history
2700 White Lane LLC · 4 yrs held
2700 White Lane LLC
since 2022
Last sale
$5.3M
4 recorded transactions
Zoning & alternative use
C2 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$7.9M
+14.4%
Retail stores
$7.2M
+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
$5,300,000
ML approach
$5,300,000
CAP Approach
CAP Return
Estimation
6%
$6,215,000
6.5%
$5,735,000
7%
$5,325,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$6,900,000
Current use
AUTO REPAIR, GARAGE
$7,895,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$7,190,000
Change: +4% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,685,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$5.30M
Range $4.77M – $5.83M · ±10% · vs last sale $5.30M (Oct 23 2024)
Last sale anchor
$5.30M
Oct 23 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
$107 / 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
$66,968
Tax year 2023
Assessed value
$5,530,720
Assessed 2023
Previous assessed
$5,530,720
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$775,200
Assessed improvement
$4,755,520
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
1965
Construction
WOOD
Heating
YES
Cooling
WINDOW A/C
Stories
2
Units
148
Total area
49,559 SF
Lot
2.49 ac (108,464 SF)
Zoning code
C2
APN
405-101-06-00-5
UPID
US09-3781189
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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$6.9M
AUTO REPAIR, GARAGE
Est. value
$7.9M
RETAIL STORES
Est. value
$7.2M
INDUSTRIAL (GENERAL)
Est. value
$6.7M
HOTEL/MOTEL Current
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
1965
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Units
148
Lot
2.49 ac
Current owner
From public records · entity-resolved
2700 White Lane LLC
Entity
Mailing address
29601 AGOURA RD #280, CALABASAS, CA 91301-4394
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2022
$5,300,000
2700 White Lane LLC
Wfh Bakersfield LLC
Special Warranty Deed
$10,234,000 · Thistle Creek Partners LP
Oct 30, 2018
—
Wfh Bakersfield LLC
Wang Family Holdings LP
Quit Claim Deed
related
—
Jan 4, 2006
—
Quartetto Group
Patel,balavant & Rekha B
Grant Deed
—
Dec 28, 2004
$3,700,000
Balavant Patel
Whitelane Dev Co LLC
Grant Deed
$3,077,000 · White Lane Dev Co 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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