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Property profile & analytics
OFF-MARKET
Estimated value
$4,100,000
Motels
350 Oak St Bakersfield, CA 93304-1731
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-0447031
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1964
Construction
WOOD
Total area
56,821 SF
Lot
1.35 ac (58,806 SF)
Zoning code
C-2
APN
008-020-02-00-8
UPID
US09-0447031
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
-
Motel 6 Bakersfield, CA - Central Hotel & Motel
-
Econo Lodge Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.10M
Owner & transaction history
Sky Limits Inn LLC · 1 yrs held
Sky Limits Inn LLC
since 2024
Last sale
$4.1M
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
Method
Estimation
Statistic approach
$4,100,000
ML approach
$4,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.10M
Range $3.69M – $4.51M · ±10% · vs last sale $4.10M (Sep 13 2024)
Last sale anchor
$4.10M
Sep 13 2024
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
$72 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$18,435
Tax year 2024
Assessed value
$1,453,899
Assessed 2024
Previous assessed
$1,453,899
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$635,229
Assessed improvement
$818,670
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
1964
Construction
WOOD
Heating
YES
Cooling
WINDOW A/C
Stories
2
Total area
56,821 SF
Lot
1.35 ac (58,806 SF)
Zoning code
C-2
APN
008-020-02-00-8
UPID
US09-0447031
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
Year built
1964
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
1.35 ac
Current owner
From public records · entity-resolved
Sky Limits Inn LLC
Entity
Mailing address
350 OAK ST, BAKERSFIELD, CA 93304-1731
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2024
$4,100,000
Sky Limits Inn LLC
Chandni Corporation
Grant Deed
$3,333,000 · Celtic Bank Corporation
Nov 27, 2019
—
Chandni Corp
—
Deed
related
$1,413,000 · Commercial Bk/ca
Apr 4, 2006
—
Nextel Of California INC
Chandni Corp
Grant Deed
related
—
Jan 5, 2001
$430,000
Chandni Corp
D Daniels II Ptshp
Grant Deed
$444,300 · California Federal Bank
—
—
Chandini Properties
—
Deed Of Trust
related
$478,000 · Cenfed Bank
—
—
Chandni Corp
—
Deed Of Trust
related
$1,413,000 · Commercial Bk/ca
—
—
Chandni Corp
—
Deed Of Trust
related
$820,000 · Evertrust Bank
—
—
Sba 2012 Tc Assets LLC
—
Deed Of Trust
related
—
—
—
Chandni Corp
—
Deed Of Trust
related
$900,000 · Evertrust Bank
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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