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Property profile & analytics
OFF-MARKET
Estimated value
$5,585,000
Gas stations
4815 Panama Ln Bakersfield, CA 93313-3491
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-3314873
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Year built
2010
Construction
WOOD
Total area
7,537 SF
Lot
0.97 ac (42,253 SF)
Zoning code
C2
APN
515-031-16-00-6
UPID
US09-3314873
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
-
Shell Car Wash
-
Big Wave Express Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.47M
Blend (final)
Blend
$5.59M
Owner & transaction history
Pal Petro LLC · 1 yrs held
Pal Petro LLC
since 2025
Last sale
$6.5M
7 recorded transactions
Zoning & alternative use
C2 · 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
$5,400,000
ML approach
$5,160,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.59M
Range $5.03M – $6.14M · ±10% · vs last sale $6.45M (Jun 5 2025)
Last sale anchor
$6.45M
Jun 5 2025
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
$741 / 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
$34,197
Tax year 2023
Assessed value
$2,839,478
Assessed 2023
Previous assessed
$2,839,478
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$978,695
Assessed improvement
$1,860,783
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
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Status
Off-Market
Year built
2010
Construction
WOOD
Heating
YES
Cooling
OTHER
Stories
1
Units
2
Total area
7,537 SF
Lot
0.97 ac (42,253 SF)
Zoning code
C2
APN
515-031-16-00-6
UPID
US09-3314873
Jurisdiction
KERN
Zoning & alternative use
C2 · Bakersfield, CA
Zoning C2 · permitted uses
C2 · 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
2010
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
2
Lot
0.97 ac
Current owner
From public records · entity-resolved
Pal Petro LLC
Entity
Mailing address
5609 STINE RD, BAKERSFIELD, CA 93313-2800
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2025
$6,450,000
Pal Petro LLC
Panama Lane Lmc LLC
Grant Deed
$3,438,830 · East West Bank
Jun 5, 2025
—
Pal Petro LLC
—
Deed
related
$1,850,000 · East West Bank
Jul 22, 2019
—
Panama Lane Lmc LLC
—
Deed
related
$655,000 · Rm Parks INC
Sep 14, 2016
—
Panama Lane Lmc LLC
—
Deed
related
$1,386,575 · Bank Of The Sierra
Nov 20, 2013
—
Panama Lane Lmc LLC
Chao,loung K & Melissa Y
Quit Claim Deed
—
Sep 27, 2013
—
Loung K Chao
Panama Lane Lmc LLC
Quit Claim Deed
—
Oct 7, 2011
—
Panama Lane Lmc LLC
Chao,loung K & Melissa Y
Grant Deed
—
Aug 6, 2009
—
Loung K L Chao
—
Trustees Deed
related
$2,678,030 · Bank Of The Sierra
—
—
Loung K Chao
—
Deed Of Trust
related
$1,033,000 · Mid State Development
—
—
Panama Lane Lmc LLC
—
Deed Of Trust
related
$655,000 · Rm Parks INC
—
—
Loung K Chao
—
Loan Modification
related
—
—
—
Panama Lane Lmc LLC
—
Deed Of Trust
related
$1,386,575 · Bank Of The Sierra
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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