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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Banks
2800 Oswell St Bakersfield, CA 93306-2783
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US10-3171345
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1981
Construction
WOOD
Total area
11,809 SF
Lot
1.36 ac (59,241 SF)
Zoning code
C-2
APN
383-280-09-00-1
UPID
US10-3171345
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
-
Bank of America (with Drive-thru ATM) Financial Advisor
-
Bank of America ATM (Drive-thru) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$539k
Blend (final)
Blend
$555k
Owner & transaction history
Tjy Oswell LLC · 8 yrs held
Tjy Oswell LLC
since 2018
6 recorded transactions
Zoning & alternative use
C-2 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of C-2 zone is to permit development of concentrated large-scale retail operations providing a broad range of goods and services which serve the metropolitan market area
Zone name
Commercial
General category
COMMERCIAL
Zone area
2,747.80 ac
Source
Realmo
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
$570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$890,000
Current use
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$47 / 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
$21,989
Tax year 2023
Assessed value
$1,844,186
Assessed 2023
Previous assessed
$1,844,186
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$514,656
Assessed improvement
$1,329,530
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
YES
Cooling
YES
Total area
11,809 SF
Lot
1.36 ac (59,241 SF)
Zoning code
C-2
APN
383-280-09-00-1
UPID
US10-3171345
Jurisdiction
KERN
Zoning & alternative use
C-2 · Bakersfield, CAZoning C-2 · permitted uses
C-2 · Bakersfield, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of C-2 zone is to permit development of concentrated large-scale retail operations providing a broad range of goods and services which serve the metropolitan market area
Zone name
Commercial
General category
COMMERCIAL
Zone area
2,747.80 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$890,000
FINANCIAL BUILDING Current
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
1981
Construction
WOOD
Heating
YES
Cooling
Yes
Lot
1.36 ac
Current owner
From public records · entity-resolved
Tjy Oswell LLC
Entity
Mailing address
495 W CAMINO REAL AVE, ARCADIA, CA 91007-7302
Ownership since
2018
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
Aug 8, 2018
$1,720,000
Tjy Oswell LLC
Pi Properties No 140 LLC
Grant Deed
$825,000 · Pi Properties No 140 LLC
Jan 23, 2017
—
Pi Properties #140 LLC
—
Deed
related
$15,000,000 · Morgan Stanley Private Bank NA
Aug 1, 2016
$1,300,000
Pi Properties No 140 LLC
First States Invtrs 5200 LLC
Grant Deed
—
Mar 31, 2005
—
First States Invtrs 5200 LLC
—
Deed Of Trust
related
$2,589,643 · German American Capital Corp
Oct 29, 2004
—
First States Invtrs 5200 LLC
Bank Of America NA
Grant Deed
related
—
Dec 31, 1979
$35,000
Bank Of America Nt & Sa
—
Grant 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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