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Property profile & analytics
OFF-MARKET
Parking lots & garages
420 Mt Vernon Ave Bakersfield, CA 93307-2746
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US09-5360341
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Construction
WOOD FRAME
Lot
0.14 ac (6,168 SF)
Zoning code
M1
APN
140-320-01-00-7
UPID
US09-5360341
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
-
RV RECYCLING Recycling Center Waste Management Facility
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
Israel Ramirez · 18 yrs held
Israel Ramirez
since 2007
7 recorded transactions
Zoning & alternative use
M1 · 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
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
$916
Tax year 2023
Assessed value
$46,706
Assessed 2023
Previous assessed
$46,706
+0.0% YoY
Effective rate
1.96%
On assessed value
Assessed land
$46,706
Applied tax rate
56.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Lot
0.14 ac (6,168 SF)
Zoning code
M1
APN
140-320-01-00-7
UPID
US09-5360341
Jurisdiction
KERN
Zoning & alternative use
M1 · Bakersfield, CA
Zoning M1 · permitted uses
M1 · 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
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Lot
0.14 ac
Current owner
From public records · entity-resolved
Israel Ramirez
Individual
Mailing address
9744 RAMOS AVE, BAKERSFIELD, CA 93307-6232
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 26, 2007
$106,000
Israel Ramirez
Rodriguez,paul L & Teresa C
Grant Deed
—
Dec 26, 2007
—
Israel Ramirez
Ramirez,graciela
Quit Claim Deed
related
—
Feb 25, 2005
$90,000
Paul L Rodriguez
Barton Leon & N Trust
Grant Deed
$90,000 · Schwartz Joseph S & J B (te)
Dec 23, 2004
$90,383
Barton Leon & Nina Trust
Imperial Td Service Co
Trustees Deed
—
May 13, 2003
$27,164
Sam Dambrosio
Johnson,thomas D
Trustees Deed
—
Apr 20, 2001
—
Thomas D Johnson
Johnson,thomas D
Quit Claim Deed
related
$20,000 · Elmer F Karpe INC
—
—
Israel Ramirez
—
Deed Of Trust
related
$60,000 · Mk Investment Group INC Mk Investment Group 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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