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Property profile & analytics
OFF-MARKET
Estimated value
$1,960,000
Motels
3215 Chester Ave Bakersfield, CA 93301-1635
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US10-3147795
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1930
Construction
WOOD
Total area
5,313 SF
Lot
0.3 ac (13,068 SF)
Zoning code
M-2
APN
002-300-02-00-7
UPID
US10-3147795
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
-
Tower Motel & Apartments Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.96M
Owner & transaction history
Bakersfield Properties INC · 2 yrs held
Bakersfield Properties INC
since 2023
Last sale
$2.3M
5 recorded transactions
Zoning & alternative use
M-2 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.2M
+190.7%
Neighborhood: shopping center
$1.8M
+147.7%
Auto repair, garage
$1.7M
+135.7%
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
RESTAURANT
$2,150,000
Change: +191% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,835,000
Change: +148% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,745,000
Change: +136% · Conversion: Difficult
MEDICAL BUILDING
$1,230,000
Change: +66% · Conversion: Difficult
Blend value · Realmo final
$1.96M
Range $1.76M – $2.16M · ±10% · vs last sale $2.30M (Sep 29 2023)
Last sale anchor
$2.30M
Sep 29 2023
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
$369 / 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
$3,328
Tax year 2023
Assessed value
$281,978
Assessed 2023
Previous assessed
$281,978
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$46,178
Assessed improvement
$235,800
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1930
Construction
WOOD
Heating
YES
Cooling
WINDOW A/C
Stories
1
Total area
5,313 SF
Lot
0.3 ac (13,068 SF)
Zoning code
M-2
APN
002-300-02-00-7
UPID
US10-3147795
Jurisdiction
KERN
Zoning & alternative use
M-2 · Bakersfield, CA
Zoning M-2 · permitted uses
M-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
RESTAURANT
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.2M
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1930
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Bakersfield Properties INC
Entity
Mailing address
21405 DEVONSHIRE ST STE #209, CHATSWORTH, CA 91311-2940
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2023
$2,300,000
Bakersfield Properties INC
David Arnold Pentz
Grant Deed
$1,150,000 · Fruitvale Financial LLC
May 2, 2017
—
Pentz Living Trust
—
Grant Deed
related
$1,278,501 · Bank Of The Orient
Mar 8, 2006
—
Pentz Trust
Kemprud Trust
Grant Deed
—
Aug 27, 2003
—
Kumpurd,tr
Charities Support Foundation
Deed Of Trust
related
$1,000,000 · Bank Of The Orient
—
—
Pentz Living Trust
—
Loan Modification
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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