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Property profile & analytics
FOR LEASE
Parking lots & garages
333 Union Ave Bakersfield, CA 93307
Entity Owned
~
Est. High Equity
Property ID
US09-3747337
For Lease
1 / 4
$10.80 SF/Yr
333 Union Ave, Bakersfield, CA 93307
View Listing →
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Construction
WOOD
Lot
0.27 ac (11,761 SF)
Zoning code
C-2
APN
010-080-23-00-4
UPID
US09-3747337
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
-
New Saigon Restaurant Restaurant
-
Pho Vy Restaurant Restaurant
-
Faded City BarberShop Barber Shop
-
EZ Water Mini Market Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Smp Farms LLC
Smp Farms LLC
since 2025
7 recorded transactions
Zoning & alternative use
C-2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$830
Tax year 2023
Assessed value
$64,330
Assessed 2023
Previous assessed
$64,330
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$58,970
Assessed improvement
$5,360
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
Parking lots & garages
Use group
PARKING LOT
Status
For Lease
Construction
WOOD
Heating
YES
Cooling
YES
Lot
0.27 ac (11,761 SF)
Zoning code
C-2
APN
010-080-23-00-4
UPID
US09-3747337
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.
Building & site characteristics
From public records
Construction
WOOD
Heating
YES
Cooling
Yes
Lot
0.27 ac
Current owner
From public records · entity-resolved
Smp Farms LLC
Entity
Mailing address
349 UN AVE, BAKERSFIELD, CA 93307-1554
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2025
$2,800,000
Smp Farms LLC
Friendly Investment LLC
Grant Deed
$1,800,000 · Friendlyinvestments LLC
May 23, 2024
—
Kulwant Kaur
Kulwant Kaur
Intrafamily Transfer
related
—
Sep 28, 2023
—
Kulwant Kaur
Kulwant Singh
Affidavit Of Death Of Joint Tenant
—
Apr 29, 2019
—
Kulwant Singh
Singh,kulwant
Quit Claim Deed
related
—
May 9, 2018
$60,000
Kulwant Singh
Galante Edward E L Of Trust
Grant Deed
—
Jul 5, 2011
—
Galante Edward E Living Trust
Galante,edward E
Quit Claim Deed
related
—
Mar 2, 1999
—
Edward E Galante
Galante Trust
Quit Claim Deed
related
—
—
—
Edward E Galante
—
Deed Of Trust
related
$455,000 · Galante Forrest E Trust
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?”
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