Realmo Analytics

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Financial
Distress signals
Property profile

506 Eye St Bakersfield, CA 93304

FOR SALE
Other warehouses
View Listing
Property ID
US09-0354266
2,740 SF 0.12 ac lot Built 1951
Last sale Jun 2026 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 2,600-square-foot warehouse is located in Bakersfield, Kern County, California 93304.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$153k
Assessed land$41k
Assessed improvement$112k
Effective rate1.33%

Value estimate

· Oct 2026
$155k
$140k – $171k
AI approach$175k
NOI build-up
Gross scheduled income$43k
Vacancy & credit loss−$2k
Operating expenses−$12k
NOI · 9.58% cap applied$29k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$130/SF
Submarket average, outlier-cleaned · 95 recorded sales of this use type
Observed band · Q1–Q3$62 – $213
Qualifying comparables4

Cap rate analysis

How does the asset earn?
9.58%
$29k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R-3
R-3 (Medium Density Multi-Unit Dwelling) Zone. The purpose of the R-3 zone is to provide land areas for the use and occupancy of accessor...
General categoryRESIDENTIAL
JurisdictionKERN

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility8.6
Dry Cleaner8.6
Electrical Service8.5

Location

506 Eye St Bakersfield, CA 93304
County assessor Recorded deeds · 4 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
402 Chester, Bakersfield, CA 93304-3653 $1,200,000 Aug 2024 1,056 SF
3701 H, Bakersfield, CA 93304-6535 $404,000 May 2023 1,489 SF
300 Ter, Bakersfield, CA 93304-3817 $6,000,000 Jun 2022 6,950 SF
2575 Brundage, Bakersfield, CA 93304-2603 $1,000,000 Oct 2021 2,859 SF
222 Oak, Bakersfield, CA 93304-2434 $325,000 Aug 2020 3,450 SF
3240 Chester, Bakersfield, CA 93304-1730 $196,500 May 2020 3,944 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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