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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Flex space
2914 Un Ave Bakersfield, CA 93305-3456
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-2034709
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1952
Construction
WOOD
Total area
4,995 SF
Lot
0.24 ac (10,454 SF)
Zoning code
C-2
APN
012-071-02-00-1
UPID
US09-2034709
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
-
Stop N Go Wheels (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
$785k
Comparable Approach
Comparable
$749k
Blend (final)
Blend
$565k
Owner & transaction history
Armond Noshadeyana · 3 yrs held
Armond Noshadeyana
since 2022
Last sale
$500,000
7 recorded transactions
Zoning & alternative use
C-2 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$795,000
+67.8%
Warehouse, storage
$650,000
+36.5%
Commercial (general)
$600,000
+26.1%
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
$385,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
$850,000
6.5%
$785,000
7%
$730,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$475,000
Current use
AUTO REPAIR, GARAGE
$795,000
Change: +68% · Conversion: Easy
WAREHOUSE, STORAGE
$650,000
Change: +37% · Conversion: Easy
COMMERCIAL (GENERAL)
$600,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$565k
Range $509k – $622k · ±10% · vs last sale $500k (Oct 19 2022)
Last sale anchor
$500k
Oct 19 2022
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
$113 / 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
$6,132
Tax year 2023
Assessed value
$500,000
Assessed 2023
Previous assessed
$500,000
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$95,000
Assessed improvement
$405,000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1952
Construction
WOOD
Heating
YES
Cooling
YES
Total area
4,995 SF
Lot
0.24 ac (10,454 SF)
Zoning code
C-2
APN
012-071-02-00-1
UPID
US09-2034709
Jurisdiction
KERN
Zoning & alternative use
C-2 · Bakersfield, CA
Zoning 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
Bakersfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$475,000
AUTO REPAIR, GARAGE
Est. value
$795,000
WAREHOUSE, STORAGE
Est. value
$650,000
COMMERCIAL (GENERAL)
Est. value
$600,000
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
COMMERCIAL (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
1952
Construction
WOOD
Heating
YES
Cooling
Yes
Lot
0.24 ac
Current owner
From public records · entity-resolved
Armond Noshadeyana
Individual
Mailing address
11620 RUFFNER AVE, GRANADA HILLS, CA 91344-2749
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2022
$500,000
Armond Noshadeyana
Gerardo Maya Saenz
Grant Deed
$400,000 · The Saenz Living Trust
Oct 19, 2022
—
Armond Noshadeyan
Tigranuhi Gyczalyan
Intrafamily Transfer
related
—
Nov 5, 2021
—
Gerardo Maya Saenz
Gerardo Maya Saenz
Intrafamily Transfer
related
—
Aug 30, 2016
$250,000
Gerardo M Saenz
Arambula Living Trust
Grant Deed
$180,000 · Arambula Living Trust (lt)
Apr 8, 2005
—
Arambula Trust
Arambula Trust
Quit Claim Deed
related
—
Oct 28, 2004
—
Rudy H Arambula
Arambula,bertha
Affidavit Of Death
related
—
Jul 29, 2002
—
Arambula Trust
Arambula,rudy H
Quit Claim Deed
related
—
Nov 22, 2000
—
Bertha Arambula
Arambula,bertha
Quit Claim 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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