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Property profile & analytics
OFF-MARKET
Estimated value
$1,565,000
Mobile home & RV parks
400 Roberts Ln Bakersfield, CA 93308-4854
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-3112535
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1977
Construction
WOOD
Total area
2,244 SF
Lot
19.7 ac (858,132 SF)
Zoning code
MP
APN
119-011-53-00-9
UPID
US09-3112535
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
-
Mobiletown USA Campground & RV Park
-
Robertson Welding General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.40M
Blend (final)
Blend
$1.57M
Owner & transaction history
Frontier Four LLC · 3 yrs held
Frontier Four LLC
since 2023
5 recorded transactions
Zoning & alternative use
MP · 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
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
$1.57M
Range $1.41M – $1.72M · ±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
$697 / 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
$142,864
Tax year 2023
Assessed value
$2,721,655
Assessed 2023
Previous assessed
$2,721,655
+0.0% YoY
Effective rate
5.25%
On assessed value
Assessed land
$175,755
Assessed improvement
$2,545,900
Applied tax rate
121.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1977
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
140
Total area
2,244 SF
Lot
19.7 ac (858,132 SF)
Zoning code
MP
APN
119-011-53-00-9
UPID
US09-3112535
Jurisdiction
KERN
Zoning & alternative use
MP · Bakersfield, CA
Zoning MP · permitted uses
MP · 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
1977
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
140
Lot
19.7 ac
Current owner
From public records · entity-resolved
Frontier Four LLC
Entity
Mailing address
PO BOX 5815, BAKERSFIELD, CA 93388-5815
Ownership since
2023
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
Mar 6, 2023
—
Frontier Four LLC
Mobiletown Company LLC
Grant Deed
$5,500,000 · Arbor Commercial Funding LLC
Mar 12, 2010
—
Collamer Julie Trust
Wattenbarger,james L & Gloria
Grant Deed
related
—
Aug 27, 2009
—
Mobiletown Co LLC
Mobiletown Co LLC
Quit Claim Deed
related
$500,000 · Union Bank
Nov 30, 1976
—
James L Wattenbarger
—
Grant Deed
related
—
—
—
Mobiletown Co LLC
—
Deed Of Trust
related
$1,000,000 · James L Wattenbarger
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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