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Property profile & analytics
OFF-MARKET
Estimated value
$265,000
Retail space
2900 Chester Ave Bakersfield, CA 93304-5898
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-3663268
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2005
Construction
WOOD
Total area
6,000 SF
Lot
0.65 ac (28,314 SF)
Zoning code
C2
APN
022-190-11-00-8
UPID
US09-3663268
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
-
U-Nex Barber Shop Barber Shop
-
Funky town tobacco #3 Discount Store
-
The Laundry Mat (Bike/Boat/Book/etc) Store
-
Cigarettes For Less (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$629k
Blend (final)
Blend
$265k
Owner & transaction history
Huzaibi LLC · 7 yrs held
Huzaibi LLC
since 2019
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$870,000
Current use
INDUSTRIAL (GENERAL)
$810,000
Change: -7% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$805,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$265k
Range $239k – $292k · ±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
$44 / 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
$4,537
Tax year 2023
Assessed value
$349,153
Assessed 2023
Previous assessed
$349,153
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$133,741
Assessed improvement
$215,412
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
2005
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
6,000 SF
Lot
0.65 ac (28,314 SF)
Zoning code
C2
APN
022-190-11-00-8
UPID
US09-3663268
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
RETAIL STORES Current
Est. value
$870,000
INDUSTRIAL (GENERAL)
Est. value
$810,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$805,000
RETAIL STORES Current
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
2005
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
Huzaibi LLC
Entity
Mailing address
4045 FROST WAY, BAKERSFIELD, CA 93311-1476
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2019
—
Huzaibi LLC
Huzaibi,mohamed
Quit Claim Deed
related
—
Sep 12, 2014
—
Julia M Stanton
Stanton,michael B
Quit Claim Deed
related
—
Sep 12, 2014
$85,000
Hesham M Alawdi
Spencer,lisa H
Grant Deed
$20,000 · Lisa H Spencer
May 3, 2013
$295,000
Mohamed A Huzalbi
Waterfall Trust 2010-sbc1
Grant Deed
—
May 3, 2013
—
Mohamed A Huzalbi
Al-muraisi,sobreen A
Grant Deed
related
—
Jun 28, 2011
$363,400
Victoria 2010-sbc1 Waterfall
Meridian Foreclosure Svc
Trustees Deed
related
—
Oct 28, 2010
—
Hawatmeh,rakan
Hawatmeh,george
Quit Claim Deed
related
—
Jun 16, 2009
$145,298
Spencer,lisa H & Tristan R
California & Pacific Oak
Trustees Deed
—
Nov 7, 2006
—
Hawatmeh,bishara
Hawatmeh,siham
Quit Claim Deed
related
—
Nov 3, 2006
$612,000
George Hawatmeh
The Winmark Trust
Grant Deed
$459,000 · Greenpoint Mortgage Funding INC
Nov 3, 2006
—
Hawatmeh,george
Hawatmeh,irene
Quit Claim Deed
related
—
Jun 16, 2005
—
Winchester Woollard
Woollard,elizabeth A
Quit Claim Deed
related
$346,500 · Community Commerce Bank
Sep 28, 2004
—
Winmark Trust
Woollard,winchester
Quit Claim Deed
related
—
Nov 1, 2002
$37,500
Winchester Woollard
Moss,tr
Grant Deed
$67,500 · Keeler Ennis Moss Investment
Nov 1, 2002
—
Winchester Woollard
Woollard,elizabeth
Quit Claim Deed
related
—
Jan 21, 2000
$25,000
Moss Trust
Clemens Trust
Grant Deed
—
—
—
Winchester Woolard
—
Deed Of Trust
related
$300,000 · Moss Trust
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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