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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Retail properties & Spaces
530 California Ave, Bakersfield, CA 93304-1610
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-3012596
Property profile
Verified
Property type
Retail properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Construction
WOOD
Total area
3,782 SF
Lot
0.32 ac (13,939 SF)
Zoning code
M-1
APN
006-502-05-00-6
UPID
US09-3012596
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$580k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$595k
Owner & transaction history
Jose Gutierrez · 3 yrs held
Jose Gutierrez
since 2023
Last sale
$600,000
5 recorded transactions
Zoning & alternative use
M-1 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$730,000
+103.1%
Medical building
$555,000
+54.5%
Auto repair, garage
$525,000
+46.3%
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
$485,000
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FARM SUPPLY & EQUIPMENT (COMMERCIAL)
$360,000
Current use
OFFICE BUILDING
$730,000
Change: +103% · Conversion: Difficult
MEDICAL BUILDING
$555,000
Change: +54% · Conversion: Difficult
AUTO REPAIR, GARAGE
$525,000
Change: +46% · Conversion: Difficult
COMMERCIAL (GENERAL)
$515,000
Change: +43% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±10% · vs last sale $600k (May 11 2023)
Last sale anchor
$600k
May 11 2023
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
$157 / 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
$5,733
Tax year 2023
Assessed value
$466,200
Assessed 2023
Previous assessed
$466,200
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$70,700
Assessed improvement
$395,500
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
Retail properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Status
Off-Market
Construction
WOOD
Heating
YES
Cooling
YES
Total area
3,782 SF
Lot
0.32 ac (13,939 SF)
Zoning code
M-1
APN
006-502-05-00-6
UPID
US09-3012596
Jurisdiction
KERN
Zoning & alternative use
M-1 · Bakersfield, CA
Zoning M-1 · permitted uses
M-1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
FARM SUPPLY & EQUIPMENT (COMMERCIAL) Current
Est. value
$360,000
OFFICE BUILDING
Est. value
$730,000
MEDICAL BUILDING
Est. value
$555,000
AUTO REPAIR, GARAGE
Est. value
$525,000
COMMERCIAL (GENERAL)
Est. value
$515,000
FARM SUPPLY & EQUIPMENT (COMMERCIAL) Current
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Construction
WOOD
Heating
YES
Cooling
Yes
Lot
0.32 ac
Current owner
From public records · entity-resolved
Jose Gutierrez
Individual
Mailing address
15785 EXCELSIOR ST, RANCHO CASCADES, CA 91342-1109
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2023
$600,000
Jose Gutierrez
Basilia Vargas
Grant Deed
$385,000 · Velocity Commercial Capital LLC
Aug 31, 2022
$163,000
Basilia Vargas
Martin Velazquez
Grant Deed
—
Jul 27, 2021
$575,000
Martin Velazquez
Clark Brothers Investments LLC
Grant Deed
$325,000 · Clark Brothers Investment LLC
Sep 20, 2011
—
Bakersfield Redev Agency
Clark Bros Investments
Grant Deed
related
—
May 13, 1996
$233,000
Clark Brothers Investments
Clark Trust
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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