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Property profile & analytics
OFF-MARKET
Estimated value
$960,000
Manufacturing properties
4400 Easton Dr Bakersfield, CA 93309-1028
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US09-1918005
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1979
Construction
WOOD
Total area
9,604 SF
Lot
0.95 ac (41,382 SF)
Zoning code
M-1
APN
332-256-14-00-6
UPID
US09-1918005
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
-
Rosedale Tile & Marble General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$650k
Blend (final)
Blend
$960k
Owner & transaction history
Ronald R Sanders · 13 yrs held
Ronald R Sanders
since 2012
7 recorded transactions
Zoning & alternative use
M-1 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+18.1%
Retail stores
$1.4M
+5.4%
Apartment house (5+ units)
$1.4M
+4.6%
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
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,295,000
Current use
AUTO REPAIR, GARAGE
$1,530,000
Change: +18% · Conversion: Easy
RETAIL STORES
$1,365,000
Change: +5% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,355,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$960k
Range $864k – $1.06M · ±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
$100 / 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
$10,450
Tax year 2023
Assessed value
$864,100
Assessed 2023
Previous assessed
$864,100
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$293,529
Assessed improvement
$570,571
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
FORCED AIR
Cooling
OTHER
Total area
9,604 SF
Lot
0.95 ac (41,382 SF)
Zoning code
M-1
APN
332-256-14-00-6
UPID
US09-1918005
Jurisdiction
KERN
Zoning & alternative use
M-1 · Bakersfield, CA
Zoning 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
Bakersfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.5M
RETAIL STORES
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1979
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Lot
0.95 ac
Current owner
From public records · entity-resolved
Ronald R Sanders
Individual
Mailing address
PO BOX 20658, BAKERSFIELD, CA 93390-0658
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2025
—
Ronald Ray Sanders
—
Deed
related
$500,000 · Tri Counties Bank
May 19, 2020
—
Ronald R Sanders
—
Deed
related
$450,000 · Tri Counties Bank
Nov 30, 2012
$718,000
Ronald R Sanders
Lee Family Living Trust
Grant Deed
$359,000 · United Security Bank
Nov 30, 2012
—
Ronald R Sanders
Roberts,melanie
Grant Deed
related
—
May 31, 1978
—
Robert P Lee
—
Grant Deed
related
—
—
—
Ronald R Sanders
—
Deed Of Trust
related
$297,000 · Mid State Development
—
—
Ronald R Sanders
—
Deed Of Trust
related
$342,707 · Tri Counties Bank
—
—
Ronald R Sanders
—
Deed Of Trust
related
$450,000 · Tri Counties Bank
—
—
Lee Family Living Trust
—
Deed Of Trust
related
$200,000 · Louie & Sherri Gregorio
—
—
Robert P Lee
—
Deed Of Trust
related
$150,000 · Goleta National Bank
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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