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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Banks
2801 H St Bakersfield, CA 93301-1913
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-5359233
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1953
Construction
WOOD
Total area
7,080 SF
Lot
0.16 ac (6,969 SF)
Zoning code
C2
APN
001-231-07-00-2
UPID
US09-5359233
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
-
Espeeco Federal Credit Union Credit Union
-
BeYoutiful Dream Theater & Performing Art Venue Music Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$790k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$790k
Owner & transaction history
Ata Properties LLC · 2 yrs held
Ata Properties LLC
since 2024
Last sale
$788,000
7 recorded transactions
Zoning & alternative use
C2 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+140.0%
Medical building
$1.1M
+98.7%
Office building
$1.0M
+95.2%
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
$790,000
ML approach
$790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$535,000
Current use
COMMERCIAL (GENERAL)
$1,280,000
Change: +140% · Conversion: Difficult
MEDICAL BUILDING
$1,060,000
Change: +99% · Conversion: Difficult
OFFICE BUILDING
$1,040,000
Change: +95% · Conversion: Difficult
RESTAURANT
$985,000
Change: +84% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$930,000
Change: +74% · Conversion: Difficult
AUTO REPAIR, GARAGE
$800,000
Change: +50% · Conversion: Difficult
RETAIL STORES
$635,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$790k
Range $711k – $869k · ±10% · vs last sale $788k (Jan 29 2024)
Last sale anchor
$788k
Jan 29 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
$112 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$9,527
Tax year 2024
Assessed value
$789,106
Assessed 2024
Previous assessed
$789,106
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$108,091
Assessed improvement
$681,015
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
1953
Construction
WOOD
Heating
FORCED AIR
Cooling
OTHER
Stories
2
Total area
7,080 SF
Lot
0.16 ac (6,969 SF)
Zoning code
C2
APN
001-231-07-00-2
UPID
US09-5359233
Jurisdiction
KERN
Zoning & alternative use
C2 · Bakersfield, CAZoning C2 · permitted uses
C2 · Bakersfield, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$535,000
COMMERCIAL (GENERAL)
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
RESTAURANT
Est. value
$985,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$930,000
AUTO REPAIR, GARAGE
Est. value
$800,000
RETAIL STORES
Est. value
$635,000
FINANCIAL BUILDING Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
RETAIL STORES
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
1953
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Ata Properties LLC
Entity
Mailing address
PO BOX 2822, BAKERSFIELD, CA 93303-2822
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2024
$788,000
Ata Properties LLC
Espeeco Federal Credit Union
Grant Deed
—
Jun 21, 2017
$625,000
Espeeco FCU
28th & H Street LLC
Grant Deed
—
Aug 1, 2011
$4,200,000
28th & H Street LLC
Triple S Ptrs
Grant Deed
—
Feb 28, 2007
—
Triple S Partners
Triple S Partners
Quit Claim Deed
related
—
Jun 17, 1998
$325,000
Triple S Partners
Wells Fargo Bank
Grant Deed
$292,500 · San Joaquin Bank
Jun 9, 1994
$235,000
Triple S Partners
Physicians Autom
Grant Deed
$235,000 · First Interstate Bank Californ
—
—
Triple S Partners
—
Deed Of Trust
related
$134,000 · Mid State Development
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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