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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Car washes
3413 Chester Ave Bakersfield, CA 93304
Individually Owned
3-yr Hold
Free & Clear
Property ID
US10-3278804
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1985
Construction
WOOD
Total area
1,180 SF
Lot
0.3 ac (13,068 SF)
Zoning code
C-1
APN
025-030-19-00-6
UPID
US10-3278804
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$510k
Owner & transaction history
Benu Gulhati · 3 yrs held
Benu Gulhati
since 2022
Last sale
$500,000
5 recorded transactions
Zoning & alternative use
C-1 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of C-1 zone is to provide an adequate variation of retail establishments and services that conveniently serve the needs of residents in the immediate neighborhood.
Zone name
Limited Commercial
General category
COMMERCIAL
Zone area
492.41 ac
Source
Realmo
Top alternative use upside
Neighborhood: shopping center
$405,000
+116.6%
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
$510,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$405,000
Change: +117% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $500k (Sep 12 2022)
Last sale anchor
$500k
Sep 12 2022
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
$432 / 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
$1,372
Tax year 2023
Assessed value
$96,565
Assessed 2023
Previous assessed
$96,565
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$78,545
Assessed improvement
$18,020
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
YES
Cooling
YES
Total area
1,180 SF
Lot
0.3 ac (13,068 SF)
Zoning code
C-1
APN
025-030-19-00-6
UPID
US10-3278804
Jurisdiction
KERN
Zoning & alternative use
C-1 · Bakersfield, CAZoning C-1 · permitted uses
C-1 · Bakersfield, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of C-1 zone is to provide an adequate variation of retail establishments and services that conveniently serve the needs of residents in the immediate neighborhood.
Zone name
Limited Commercial
General category
COMMERCIAL
Zone area
492.41 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$405,000
NEIGHBORHOOD: SHOPPING CENTER
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
1985
Construction
WOOD
Heating
YES
Cooling
Yes
Lot
0.3 ac
Current owner
From public records · entity-resolved
Benu Gulhati
Individual
Free & Clear · 3 yrs held
Mailing address
2900 FLINTRIDGE DR, BAKERSFIELD, CA 93306-3233
Ownership since
2022
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 12, 2022
—
Benu Gulhati
Bharat B Gulhati
Intrafamily Transfer
related
—
Jun 1, 2007
$500,000
Bharat B Gulhati
Thiara INC
Grant Deed
—
Jun 1, 2007
—
Kehar Singh
Kaur,surjit
Grant Deed
related
—
Jan 11, 2002
$53,000
Kehar Singh
Hampton,bobby J & Judith A
Grant Deed
—
Mar 17, 2000
—
Hampton Trust
Hampton,bob J
Quit Claim Deed
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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