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Property profile & analytics
OFF-MARKET
Estimated value
$1,800,000
Showrooms
3700 Easton Dr Bakersfield, CA 93309-9413
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US09-3103637
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1981
Construction
WOOD
Total area
37,554 SF
Lot
1.65 ac (71,874 SF)
Zoning code
M-1
APN
332-321-17-00-0
UPID
US09-3103637
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
-
Fit & Grub Restaurant Take-out & Catering
-
Daisy Logan Foods Office Grocery & Convenience Store Food Market
-
Bakersfield Blueprint & Copy Marketing & Advertising Printing Service
-
Trek Imaging & Promotional Printing Service (Bike/Boat/Book/etc) Store
-
Ortega Coffee store Specialty Food Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.97M
Blend (final)
Blend
$1.80M
Owner & transaction history
Easton Drive Associates LLC · 18 yrs held
Easton Drive Associates LLC
since 2008
7 recorded transactions
Zoning & alternative use
M-1 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of M-1 zone is to promote light manufacturing and related uses
Zone name
Light Manufacturing
General category
INDUSTRIAL
Zone area
4,337.24 ac
Source
Realmo
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.80M
Range $1.62M – $1.98M · ±10%
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
$48 / 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
$13,968
Tax year 2023
Assessed value
$1,162,332
Assessed 2023
Previous assessed
$1,162,332
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$293,510
Assessed improvement
$868,822
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
YES
Cooling
YES
Total area
37,554 SF
Lot
1.65 ac (71,874 SF)
Zoning code
M-1
APN
332-321-17-00-0
UPID
US09-3103637
Jurisdiction
KERN
Zoning & alternative use
M-1 · Bakersfield, CAZoning M-1 · permitted uses
M-1 · Bakersfield, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of M-1 zone is to promote light manufacturing and related uses
Zone name
Light Manufacturing
General category
INDUSTRIAL
Zone area
4,337.24 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1981
Construction
WOOD
Heating
YES
Cooling
Yes
Lot
1.65 ac
Current owner
From public records · entity-resolved
Easton Drive Associates LLC
Entity
Mailing address
1401 19TH ST STE #400, BAKERSFIELD, CA 93301-4400
Ownership since
2008
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
Dec 7, 2020
—
Easton Drive Associates LLC
—
Deed
related
$1,275,000 · Miscellaneous Ins Co
May 15, 2008
—
Easton Drive Associates LLC
California
Quit Claim Deed
related
—
Aug 30, 1996
$775,000
Venture Out Properties
Fong Trust
Grant Deed
$499,000 · Bank Of Stockdale
—
—
Easton Drive Associates LLC
—
Deed Of Trust
related
$1,000,000 · Tri Counties Bank
—
—
Venture Out Properties LLC
—
Deed Of Trust
related
$617,500 · Bank Of Stockdale
—
—
Venture Out Properties LLC
—
Deed Of Trust
related
$117,500 · Valley Independent Bank
—
—
Venture Out Properties LLC
—
Deed Of Trust
related
$819,000 · Valley Independent Bank
—
—
Easton Drive Associates LLC
—
Deed Of Trust
related
$1,275,000 · Miscellaneous Ins Co
—
—
Easton Drive Assocs LLC
—
Deed Of Trust
related
$1,000,000 · Bank Of America
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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