Property profile

4550 Panama Ln Bakersfield, CA 93313

OFF-MARKET
Office buildings
Property ID
US09-1432214
7,741 SF 0.82 ac lot Built 2021
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 2021
Construction WOOD FRAME
Total area 7,741 SF
Lot 0.82 ac (35,719 SF)
Zoning code C-2
APN 371-440-15-00-7
UPID US09-1432214

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Shopping Center & Mall
  • Nightclub Music Venue
  • Restaurant Take-out & Catering
  • Pediatrician Medical Clinic
  • Cosmetic Store

Location

4550 Panama Ln Bakersfield, CA 93313-3436
Bakersfield metro Census 3132 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.80M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.41M

Owner & transaction history

since 2018
7 recorded transactions
2020
Price N/A
2018
$710,000
2015
$495,000
2014
Price N/A
2013
$3.1M
2010
$5.9M
1969
Price N/A

Zoning & alternative use

C-2 · Bakersfield, CA
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

General category COMMERCIAL
Top alternative use upside
Medical building $1.8M +8.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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