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    3440 Allen Rd Bakersfield, CA 93314-9242
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3440 Allen Rd Bakersfield, CA 93314-9242

    View on Map
    • Warehouses
    • 9,600 SF
    • 1.93 lot acres
    Off-Market
    Property ID
    US09-0265192
    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.
    Value Estimations
    $885,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • United Rentals - Trench Safety / Building Supply / General Contractor

    Property Details for 3440 Allen Rd

    Year built
    2004
    Construction
    WOOD
    Lot size
    1.93 lot acres
    Property size
    9,600 SF
    Property type
    Warehouses
    APN
    465-530-18-00-6
    APU
    46553018006

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $956,000
      Market price range: $593k - $2.05M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,245,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $1,465,000
      Change: +18% Conversion: Difficult
      RETAIL STORES
      $1,365,000
      Change: +10% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.145
    Latitude
    35.3914
    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
    $12,222
    $321,822
    $605,391
    $927,213
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      1600 Renfro Rd

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    • Value Estimation
      $890,000
      5,000 SF

      9710 Enos Ln

      STORAGE YARD, OPEN STORAGE • 5,000 SF
      9710 Enos Ln, Bakersfield, CA 93314-8007
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    • Value Estimation
      $940,000
      7,500 SF

      4650 Rosedale Ln

      STORAGE YARD, OPEN STORAGE • 7,500 SF
      4650 Rosedale Ln, Bakersfield, CA 93314-8688
      View Details
    • Value Estimation
      $505,000
      4,184 SF

      4253 Renfro Rd

      WAREHOUSE, STORAGE • 4,184 SF
      4253 Renfro Rd, Bakersfield, CA 93314-9376
      View Details
    • Value Estimation by Request
      5.01 Acres

      6949 Superior Rd

      STORAGE YARD, OPEN STORAGE • 5.01 Acres
      6949 Superior Rd, Bakersfield, CA 93314
      View Details
    • Value Estimation by Request
      19.58 Acres

      Swc Coberly Rd And Cherry Ave

      Distribution properties • 19.58 Acres
      0 Swc Coberly Rd And Cherry Ave, Shafter, CA 93314
      View Details

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      Corner Lot Development Opportunity

      4.32 acre corner lot ideal for commercial development.
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      Land For Sale Bakersfield

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      321.58 Acres Almond and Land

      Almond farm and open land northwest of Bakersfield, CA.
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    Similar Nearby for Lease

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      2,400 SF

      Shafter Warehouse Space Available

      Industrial warehouse space available for lease in Shafter, CA.
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      Industrial Building Space For Rent

      Industrial building with divisible space available for rent.
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      16,320 SF

      Retail Space in Bakersfield, CA

      Retail property available for lease in Bakersfield, California.
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      Shopping Center Anchored by Albertson’s

      Shopping center anchored by Albertson’s located on Rosedale Hwy.
      13061 Rosedale Hwy, Bakersfield, CA 93314
      View Details
    • Contact for pricing
      5,512 SF

      Retail Space on Rosedale Highway

      Retail space available for rent on Rosedale Highway.
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    • Contact for pricing
      3,501 SF

      Northwest Bakersfield Office Space Available

      Move-in ready office suite in Northwest Bakersfield's Westside Business Park.
      3559 Allen Rd, Bakersfield, CA 93314
      View Details
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    3440 Allen Rd
    Bakersfield, CA 93314-9242
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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