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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Bars & Pubs
4041 Fruitvale Ave Bakersfield, CA 93308-5151
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US10-2419363
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1985
Construction
WOOD
Total area
2,200 SF
Lot
0.36 ac (15,681 SF)
Zoning code
M2
APN
452-130-06-00-1
UPID
US10-2419363
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
-
Chef Lino's Grill at Pour House Bar & Grill Bar & Pub Restaurant
-
Pour House Bar and Grill Bar & Pub Nightclub
-
Chef Lino’s Grill & Catering Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$615k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$450k
Blend (final)
Blend
$595k
Owner & transaction history
Ppw Properties LLC · 4 yrs held
Ppw Properties LLC
since 2022
Last sale
$600,000
3 recorded transactions
Zoning & alternative use
M2 · 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
$560,000
ML approach
$615,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$890,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$760,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±10% · vs last sale $600k (Jun 16 2022)
Last sale anchor
$600k
Jun 16 2022
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
$270 / 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
$4,232
Tax year 2023
Assessed value
$357,000
Assessed 2023
Previous assessed
$357,000
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$127,500
Assessed improvement
$229,500
Applied tax rate
70.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
2,200 SF
Lot
0.36 ac (15,681 SF)
Zoning code
M2
APN
452-130-06-00-1
UPID
US10-2419363
Jurisdiction
KERN
Zoning & alternative use
M2 · Bakersfield, CA
Zoning M2 · permitted uses
M2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$890,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$760,000
RESTAURANT Current
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Ppw Properties LLC
Entity
Mailing address
4041 FRUITVALE AVE, BAKERSFIELD, CA 93308-5151
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2022
$600,000
Ppw Properties LLC
Steve J Ledbetter
Grant Deed
$200,000 · Ledbetter Family Trust
Nov 3, 2015
—
Ledbetter,steve & D Trust
Ledbetter,steve J & Deborah L
Quit Claim Deed
related
—
Feb 27, 2008
$380,000
Steven Ledbetter
Ledbetter Family Trust
Grant Deed
related
$380,000 · Ledbetter Family Trust
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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