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Property profile & analytics
OFF-MARKET
Turn key restaurants
4020 El Potrero Ln Bakersfield, CA 93304-6329
Entity Owned
3-yr Hold
Free & Clear
Property ID
US09-0270110
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1964
Construction
WOOD
Total area
2,688 SF
Lot
0.58 ac (25,264 SF)
Zoning code
C-2
APN
405-103-03-00-0
UPID
US09-0270110
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
-
Country Kitchen Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Isla Verde 2 LLC · 3 yrs held
Isla Verde 2 LLC
since 2023
6 recorded transactions
Zoning & alternative use
C-2 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of C-2 zone is to permit development of concentrated large-scale retail operations providing a broad range of goods and services which serve the metropolitan market area
Zone name
Commercial
General category
COMMERCIAL
Zone area
2,747.80 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,520
Tax year 2023
Assessed value
$355,297
Assessed 2023
Previous assessed
$355,297
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$204,981
Assessed improvement
$150,316
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1964
Construction
WOOD
Heating
YES
Cooling
YES
Total area
2,688 SF
Lot
0.58 ac (25,264 SF)
Zoning code
C-2
APN
405-103-03-00-0
UPID
US09-0270110
Jurisdiction
KERN
Zoning & alternative use
C-2 · Bakersfield, CAZoning 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
Zoning description
The purpose of C-2 zone is to permit development of concentrated large-scale retail operations providing a broad range of goods and services which serve the metropolitan market area
Zone name
Commercial
General category
COMMERCIAL
Zone area
2,747.80 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1964
Construction
WOOD
Heating
YES
Cooling
Yes
Lot
0.58 ac
Current owner
From public records · entity-resolved
Isla Verde 2 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
8251 E BRUNDAGE LN, BAKERSFIELD, CA 93307-9109
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2023
—
Isla Verde 2 LLC
Country Kitchen
Grant Deed
—
Jul 16, 2003
$260,000
Country Kitchen
Mooney Enterprises INC
Grant Deed
$132,500 · Borrego Springs Bank
Apr 30, 1999
—
Joseph L Mooney
Mooney,joseph L
Quit Claim Deed
related
$175,000 · Elmer F Karpe INC
Aug 20, 1993
$300,000
Jo A Mimnaugh
Mooney Enterpris
Grant Deed
$300,000 · Mooney Enterprises
—
—
Country Kitchen
—
Deed Of Trust
related
$84,000 · Mid State Development
—
—
Joseph L Mooney
—
Deed Of Trust
related
$20,000 · Elmer F Karpe INC
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.
Try Rey
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