Technical
Financial
Distress signals
Property profile

500 Norris Rd Bakersfield, CA 93308

OFF-MARKET
Gas stations
Property ID
US09-2975518
3,110 SF 0.48 ac lot Built 1970
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1970
Construction WOOD
Total area 3,110 SF
Lot 0.48 ac (20,908 SF)
Zoning code C-2
APN 112-162-08-00-1
UPID US09-2975518

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
  • Gas Station
  • Gas Station
  • Atm

Location

500 Norris Rd Bakersfield, CA 93308-3331
Bakersfield metro Census 103 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.99M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.66M
Blend (final) Blend
$2.89M

Owner & transaction history

since 2025
Last sale
$3.4M
7 recorded transactions
2025
$3.4M
2025
Price N/A
2022
Price N/A
2022
$3.1M
2010
Price N/A
1993
$395,000
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

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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