Technical
Financial
Distress signals
Property profile

2929 16th St Bakersfield, CA 93301

OFF-MARKET
Warehouses
Property ID
US09-0213812
45,852 SF 2.13 ac lot Built 1984
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1984
Construction WOOD
Total area 45,852 SF
Lot 2.13 ac (92,782 SF)
Zoning code M1
APN 004-160-11-00-7
UPID US09-0213812

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Recycling Center Waste Management Facility

Location

2929 16th St Bakersfield, CA 93301-3202
Bakersfield metro Census 1700 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.13M
Blend (final) Blend
$910k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2025
$2.8M
2006
Price N/A
2005
$1.5M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

M1 · Bakersfield, CA
Top alternative use upside
Retail stores $7.4M +24.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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