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Property profile & analytics
OFF-MARKET
Estimated value
$3,890,000
Strip malls
5423 Calloway Dr Bakersfield, CA 93312-9724
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5113685
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2015
Construction
WOOD FRAME
Total area
27,500 SF
Lot
2.83 ac (123,274 SF)
Zoning code
C-2 PCD
APN
526-560-10-00-5
UPID
US09-5113685
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
-
RiverLakes Galleria Shopping Center & Mall
-
In-Shape Riverlakes Gym & Fitness Center
-
In-Shape Family Fitness Gym & Fitness Center
-
Wells Fargo ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.89M
Owner & transaction history
Riverlakes Galleria LLC · 8 yrs held
Riverlakes Galleria LLC
since 2018
2 recorded transactions
Zoning & alternative use
C-2 PCD · 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
$141 / 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
$64,362
Tax year 2023
Assessed value
$4,952,551
Assessed 2023
Previous assessed
$4,952,551
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$842,832
Assessed improvement
$4,109,719
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2015
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
2
Total area
27,500 SF
Lot
2.83 ac (123,274 SF)
Zoning code
C-2 PCD
APN
526-560-10-00-5
UPID
US09-5113685
Jurisdiction
KERN
Zoning & alternative use
C-2 PCD · Bakersfield, CA
Zoning C-2 PCD · permitted uses
C-2 PCD · 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
2015
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
2
Lot
2.83 ac
Current owner
From public records · entity-resolved
Riverlakes Galleria LLC
Entity
Free & Clear · 8 yrs held
Mailing address
5601 TRUXTUN AVE STE #190, BAKERSFIELD, CA 93309-0627
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2022
—
Riverlakes Galleria LLC
—
Deed
related
$8,000,000 · Tri Counties Bank
Jan 16, 2018
—
Riverlakes Galleria LLC
Dcm Assets Mgmt LLC
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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