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    Property profile & analytics

    3232 Riverside Dr Bakersfield, CA 93308-6346

    • Motels
    • 51,924 SF
    • 2.17 lot acres
    OFF-MARKET
    Value Estimation
    $6,710,000
    Last Sale
    Nov 18, 2020
    $5,500,000
    Location Intelligence
    Property ID
    US09-3250470
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • La Quinta Inn by Wyndham Bakersfield South / Hotel / Inn
    • Michaels Auto Transport / Trucking Company
    • Taco Bell / Oaxacan Restaurant

    Property Details for 3232 Riverside Dr

    Year built
    1986
    Construction
    WOOD
    Lot size
    2.17 lot acres
    Property size
    51,924 SF
    Zone code
    C-2
    Property type
    Motels
    APN
    332-580-11-00-1
    APU
    33258011001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $7,085,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,010,000
      6.5%
      $5,120,000
      7%
      $5,045,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,495,000
      Geo Method
      $5,635,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,465,000
      Retail
      $5,610,000
      Mixed-Use
      $6,160,000
      Hospitality
      $5,795,000
      Educational
      $6,085,000
      Residential Income
      $4,860,000
      Energy
      $6,150,000
      Income-Based Land
      $4,960,000
      Food Service
      $5,930,000

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.042
    Latitude
    35.3838
    CBSA code
    12540
    CBSA name
    BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $55,138
    $1,768,680
    $2,847,868
    $4,616,548
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      200,503 SF

      3100 Camino Del Rio Ct

      MOTEL • 200,503 SF
      3100 Camino Del Rio Ct, Bakersfield, CA 93308-6245
      View Details
    • Value Estimation
      $3,670,000
      34,181 SF

      6141 Knudsen Dr

      MOTEL • 34,181 SF
      6141 Knudsen Dr, Bakersfield, CA 93308-2904
      View Details
    • Value Estimation
      $350,000
      0.41 Acres

      5200 Olive Tree Ct

      MOTEL • 0.41 Acres
      5200 Olive Tree Ct, Bakersfield, CA 93308-2956
      View Details
    • Value Estimation
      $4,980,000
      2.91 Acres

      Bakersfield, CA 93308

      MOTEL • 2.91 Acres
      Bakersfield, CA 93308
      View Details
    • Value Estimation
      $2,960,000
      0.43 Acres

      6257 Knudsen Dr

      MOTEL • 0.43 Acres
      6257 Knudsen Dr, Bakersfield, CA 93308-2117
      View Details
    • Value Estimation
      $355,000
      0.62 Acres

      5200 Olive Tree Ct

      MOTEL • 0.62 Acres
      5200 Olive Tree Ct, Bakersfield, CA 93308-2956
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      30,468 SF

      Bakersfield Motel - Value Add Opportunity

      100-Key Motel, High Potential, CA
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      View Details
    • $1,050,000
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      Bakersfield Commercial Corner Lot

      High-traffic corner lot, dual residences.
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      Industrial-Grade FBO with Runway Access

      Aviation real estate with fueling rights and development capacity.
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    Similar Nearby for Lease

    • $18,000 /Mo
      101,059 SF

      Bakersfield Industrial Land for Lease

      Fully fenced, 2.32-acre lot near Airport.
      0 Ca-65, Bakersfield, CA 93308
      View Details
    • $7 SF/Yr
      357,609 SF

      Bakersfield Warehouse Space Available

      Large industrial warehouse, multiple units.
      6001 Snow Rd, Bakersfield, CA 93308
      View Details
    • $13 SF/Yr
      70,456 SF

      Bakersfield Airport Business Center

      Prime Bakersfield Office/Warehouse Space
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      View Details
    • $15 SF/Yr
      12,298 SF

      Bakersfield Warehouse Space Available

      Industrial warehouse space available for lease in Bakersfield, California.
      4420 State Rd, Bakersfield, CA 93308
      View Details
    • Contact for pricing
      1,050 SF

      Retail Space Near Amazon Center

      Retail space for rent near a large Amazon fulfillment center.
      35315 Merle Haggard Dr, Bakersfield, CA 93308
      View Details
    • $1.25 SF/Yr
      5,500 SF

      Flex/Industrial Space For Rent

      Flex/Industrial space available for rent on Patton Way.
      3801 Patton Way, Bakersfield, CA 93308
      View Details
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    Bakersfield, CA 93308-6346
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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