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Property profile & analytics
OFF-MARKET
Estimated value
$2,285,000
Office buildings
5351 Olive Dr Ste 100 Bakersfield, CA 93308-2926
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US09-2781625
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2006
Construction
WOOD
Total area
18,125 SF
Lot
1.67 ac (72,745 SF)
Zoning code
CO PD
APN
365-020-39-00-0
UPID
US09-2781625
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.29M
Owner & transaction history
Diversified Investments LLC · 13 yrs held
Diversified Investments LLC
since 2013
6 recorded transactions
Zoning & alternative use
CO PD · 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
$126 / 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
$30,835
Tax year 2023
Assessed value
$2,485,574
Assessed 2023
Previous assessed
$2,485,574
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$946,885
Assessed improvement
$1,538,689
Applied tax rate
57.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
18,125 SF
Lot
1.67 ac (72,745 SF)
Zoning code
CO PD
APN
365-020-39-00-0
UPID
US09-2781625
Jurisdiction
KERN
Zoning & alternative use
CO PD · Bakersfield, CA
Zoning CO PD · permitted uses
CO PD · 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
2006
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.67 ac
Current owner
From public records · entity-resolved
Diversified Investments LLC
Entity
Mailing address
5351 OLIVE DR STE #100, BAKERSFIELD, CA 93308-2926
Ownership since
2013
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
Sep 16, 2021
—
Diversified Investments LLC
—
Deed
related
$1,100,000 · Valley Republic Bank
Apr 26, 2013
$2,200,000
Diversified Investments LLC
Central Valley Invtrs II LLC
Grant Deed
$1,060,000 · Valley Republic Bank
Aug 11, 2005
—
Central Valley Invtrs II LLC
—
Trustees Deed
related
$3,750,000 · First National Bank
—
—
Central Valley Invtrs II LLC
—
Deed Of Trust
related
$725,000 · First National Bank
—
—
Central Valley Investors II
—
Deed Of Trust
related
$2,600,000 · Rabobank
—
—
Diversified Inv
—
Deed Of Trust
related
$873,000 · Mid State Development
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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