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Property profile & analytics
OFF-MARKET
Estimated value
$7,960,000
Retail space
2749 Calloway Dr, Bakersfield, CA 93312-2638
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US10-3209337
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1991
Construction
WOOD
Total area
86,729 SF
Lot
8.59 ac (374,180 SF)
Zoning code
C2
APN
450-052-50-00-5
UPID
US10-3209337
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
-
Smart & Final Extra! Big Box & Wholesale Store
-
Primo Water Refill Big Box & Wholesale Store
-
Tractor Supply Co. Pet Store & Service
-
Coinstar Kiosk | Bitcoin ATM Atm Currency Exchange Service
-
Urner's Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.32M
Blend (final)
Blend
$7.96M
Owner & transaction history
Rosedale Bakersfield Retail Vi · 11 yrs held
Rosedale Bakersfield Retail Vi
since 2015
7 recorded transactions
Zoning & alternative use
C2 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$13.2M
+7.4%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$12,330,000
Current use
APARTMENT HOUSE (5+ UNITS)
$13,240,000
Change: +7% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$11,695,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$7.96M
Range $7.16M – $8.76M · ±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
$92 / 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
$155,280
Tax year 2023
Assessed value
$13,117,076
Assessed 2023
Previous assessed
$13,117,076
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$5,157,881
Assessed improvement
$7,959,195
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1991
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
3
Total area
86,729 SF
Lot
8.59 ac (374,180 SF)
Zoning code
C2
APN
450-052-50-00-5
UPID
US10-3209337
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
RETAIL STORES Current
Est. value
$12.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$13.2M
INDUSTRIAL (GENERAL)
Est. value
$11.7M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
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
1991
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
3
Lot
8.59 ac
Current owner
From public records · entity-resolved
Rosedale Bakersfield Retail Vi
Individual
Mailing address
500 NEWPORT CTR DR STE #900, NEWPORT BEACH, CA 92660-7025
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2018
—
Rosedale Bakersfield Retail Vi
—
Grant Deed
related
$39,700,000 · Us Bk
Feb 25, 2015
$11,355,000
Rosedale Bakersfield Retail Vi
Rosedale Village II LLC
Trustees Deed
$24,925,000 · Bank Of America
Jun 27, 2006
—
Rosedale Village II LLC
Four Square Financial
Quit Claim Deed
related
—
Jun 22, 2006
—
Rosedale Village II LLC
Four Square Financial
Quit Claim Deed
related
—
Dec 30, 2005
$1,852,500
Standard Bi-coastal Cmntys LLC
Standard Bi-coastal LLC
Quit Claim Deed
related
—
Dec 30, 2005
$133,000
Standard Bi-coastal Cmntys LLC
Standard Bi-coastal LLC
Quit Claim Deed
related
—
Jan 7, 2005
$1,500,000
Sanderson Plaza LLC
Ore 35 LLC
Grant Deed
—
Jan 7, 2005
—
Sanderson Plaza LLC
Ore 35 LLC
Grant Deed
related
—
Jul 13, 2004
$4,500,000
Ore 35 LLC
Rosedale Calloway
Grant Deed
—
Mar 4, 2004
—
Rosedale Colloway LP
Bakersfield Trust
Quit Claim Deed
related
—
Dec 30, 1992
$6,241,000
State Street Bank & Trust Co Cal
Kmart Corp
Grant Deed
related
—
—
—
Rosedale Village II LLC
—
Deed Of Trust
related
$6,500,000 · Cibc INC
—
—
Rosedale Calloway LP
—
Deed Of Trust
related
$2,500,000 · Preferred Bank
—
—
Rosedale Calloway LP
—
Deed Of Trust
related
$1,250,000 · Preferred Bank
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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