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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
4700 Redbank Rd Bakersfield, CA 93307-3128
Individually Owned
17-yr Hold
Free & Clear
Property ID
US09-0188987
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1957
Construction
WOOD
Total area
1,000 SF
Lot
0.12 ac (5,227 SF)
Zoning code
C1
APN
173-122-07-00-1
UPID
US09-0188987
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
-
Rivera's Recycling Recycling Center Waste Management Facility
-
Lupita’s Nutrition Club (Bike/Boat/Book/etc) Store Pharmacy
-
Fairfax Market Grocery & Convenience Store Food Market
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
Abdo M Algharazi · 17 yrs held
Abdo M Algharazi
since 2009
6 recorded transactions
Zoning & alternative use
C1 · 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
$760
Tax year 2023
Assessed value
$61,871
Assessed 2023
Previous assessed
$61,871
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$37,124
Assessed improvement
$24,747
Applied tax rate
68.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1957
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
1,000 SF
Lot
0.12 ac (5,227 SF)
Zoning code
C1
APN
173-122-07-00-1
UPID
US09-0188987
Jurisdiction
KERN
Zoning & alternative use
C1 · Bakersfield, CA
Zoning C1 · permitted uses
C1 · 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
Year built
1957
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Abdo M Algharazi
Individual
Free & Clear · 17 yrs held
Mailing address
1467 S FAIRFAX RD, BAKERSFIELD, CA 93307-3112
Ownership since
2009
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
Feb 25, 2009
$50,000
Abdo M Algharazi
Ghanem,mohsen
Grant Deed
—
Dec 1, 2005
$180,000
Mohsen Ghanem
Covington,baxter
Grant Deed
—
Jul 15, 2005
—
Baxter Covington
Covington,fairybelle
Affidavit Of Death
related
—
Mar 6, 2003
—
Baxter Covington
Covington,fairybelle
Quit Claim Deed
related
—
Aug 15, 1994
$100,000
Abdo A Gharazi
Singh,mohinder
Grant Deed
related
$95,000 · Seller
Feb 28, 1975
—
Fairybelle Covington
—
Grant Deed
related
—
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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