Back to Search
Property profile & analytics
FOR SALE
Manufacturing properties
3201 Pegasus Dr Bakersfield, CA 93308
Trust Owned
~
Est. High Equity
Property ID
US09-0421565
For Sale
1 / 10
$2,920,000
3201 Pegasus Dr, Bakersfield, CA 93308
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1987
Construction
WOOD
Total area
12,075 SF
Lot
0.73 ac (31,798 SF)
Zoning code
M-2-AA
APN
492-170-14-00-8
UPID
US09-0421565
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
-
Greenhorn Outfitter, LLC Training Center
-
BSF YA-SDG High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.90M
Comparable Approach
Comparable
$947k
Blend (final)
Blend
$1.46M
Owner & transaction history
Heisey Family Trust
Heisey Family Trust
since 2025
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
M-2-AA · 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%
$2,055,000
6.5%
$1,895,000
7%
$1,760,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,615,000
Current use
AUTO REPAIR, GARAGE
$1,565,000
Change: -3% · Conversion: Easy
RETAIL STORES
$1,505,000
Change: -7% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,445,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$1.46M
Range $1.31M – $1.61M · ±10% · vs last sale $1.50M (May 4 2025)
Last sale anchor
$1.50M
May 4 2025
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
$121 / 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
$8,737
Tax year 2023
Assessed value
$698,003
Assessed 2023
Previous assessed
$698,003
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$82,717
Assessed improvement
$615,286
Applied tax rate
57.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Sale
Year built
1987
Construction
WOOD
Heating
YES
Cooling
YES
Total area
12,075 SF
Lot
0.73 ac (31,798 SF)
Zoning code
M-2-AA
APN
492-170-14-00-8
UPID
US09-0421565
Jurisdiction
KERN
Zoning & alternative use
M-2-AA · Bakersfield, CA
Zoning M-2-AA · permitted uses
M-2-AA · 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
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.6M
RETAIL STORES
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.4M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
1987
Construction
WOOD
Heating
YES
Cooling
Yes
Lot
0.73 ac
Current owner
From public records · entity-resolved
Heisey Family Trust
Trust
Mailing address
12 AUTUMN RD, PARK CITY, MT 59063-8099
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2025
—
Heisey Family Trust
Heisey Family Trust
Deed
related
—
Aug 4, 2025
$1,500,000
The Brent & Ami Du Coing Living Tru
Haisey Family Trust
Grant Deed
—
May 11, 2009
—
Heisey Family Trust
Heisey Family Trust
Quit Claim Deed
—
Oct 10, 2002
—
Heisey,tr
Heisey,tr
Quit Claim Deed
related
—
Dec 29, 1999
—
Heisey Trust
Heisey,thomas W
Quit Claim Deed
related
—
Sep 30, 1999
$472,500
Thomas W Heisey
Lopez-perpetual Ltd
Grant Deed
$236,250 · Union Bank Of California
—
—
Heisey Family Trust
—
Deed Of Trust
related
$425,000 · Bank Of America
—
—
Heisey Family Trust
—
Deed Of Trust
related
$325,000 · Bank Of America
—
—
Thomas W Heisey
—
Deed Of Trust
related
$195,000 · 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
