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Property profile & analytics
OFF-MARKET
Estimated value
$1,545,000
Strip malls
2728 Ming Ave Bakersfield, CA 93304-4431
Trust Owned
11-yr Hold
~
Est. High Equity
Property ID
US09-0381040
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1966
Construction
WOOD
Total area
10,080 SF
Lot
0.23 ac (10,079 SF)
Zoning code
C2
APN
148-230-32-00-7
UPID
US09-0381040
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
-
RAMESH A PATEL Pediatrician Physician
-
Universal Urgent Care-Ming Medical Clinic
-
ScanSoftPOS- Bakersfield Cash Registers - Point of Sale (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.59M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.55M
Owner & transaction history
Gluckstein,r & R Family Trust|gluckstein,b S 2011 · 11 yrs held
Gluckstein,r & R Family Trust|gluckstein,b S 2011
since 2014
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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,725,000
6.5%
$1,590,000
7%
$1,475,000
Blend value · Realmo final
$1.55M
Range $1.39M – $1.70M · ±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
$153 / 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
$22,489
Tax year 2023
Assessed value
$1,886,586
Assessed 2023
Previous assessed
$1,886,586
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$348,016
Assessed improvement
$1,538,570
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1966
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
4
Total area
10,080 SF
Lot
0.23 ac (10,079 SF)
Zoning code
C2
APN
148-230-32-00-7
UPID
US09-0381040
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
1966
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
4
Lot
0.23 ac
Current owner
From public records · entity-resolved
Gluckstein,r & R Family Trust|gluckstein,b S 2011
Trust
Mailing address
5858 WILSHIRE BLVD STE #301, LOS ANGELES, CA 90036-4509
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2021
—
R&r Valley Square No 2 LLC
—
Deed
related
$4,000,000 · The Lincoln National Life Insurance Co
Dec 26, 2014
—
Gluckstein,r & R Family Trust|gluckstein,b S 2011
R & R Valley Square LLC
Quit Claim Deed
—
Dec 26, 2014
$8,500
Gluckstein,b S 2011 Trust 2|gluckstein,dana 2011 T
Gluckstein R & R Trust
Grant Deed
related
—
Jan 9, 2003
—
R & R Valley Square LLC
Gluckstein,tr
Grant Deed
related
—
Oct 5, 2001
—
Glukstein Trust
Valley Square LLC
Grant Deed
related
—
Jul 19, 2001
—
Valley Square LLC
Columbus Pacific Properties
Grant Deed
related
—
Jan 30, 2001
$310,000
Columbus Pacific Properties
Shirken,brian A
Grant Deed
—
Jun 15, 2000
—
Brian A Shirken
Shirken,kirsten G
Quit Claim Deed
related
—
Dec 9, 1991
$1,587,000
Sunnyvale Assoc
Terranomics,vall
Grant Deed
$1,312,318 · Seller
—
—
Valley Square LLC
—
Deed Of Trust
related
$4,850,000 · Key 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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