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Property profile & analytics
OFF-MARKET
Estimated value
$6,340,000
Strip malls
5600 Auburn St Bakersfield, CA 93306-7216
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-0281868
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1988
Construction
WOOD
Total area
29,065 SF
Lot
2.37 ac (103,237 SF)
Zoning code
C-1
APN
438-110-03-00-2
UPID
US09-0281868
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
-
Circle K Grocery & Convenience Store
-
Eastern Massage Alternative Medicine Practice Spa & Massage Center
-
El Patron Restaurant
-
Fancy Nails Nail Salon
-
Rodeo Meat Market Take-out & Catering Butcher
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.56M
CAP Approach
CAP
$8.37M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.34M
Owner & transaction history
Jd Elite Ventures LLC · 4 yrs held
Jd Elite Ventures LLC
since 2021
Last sale
$5.1M
6 recorded transactions
Zoning & alternative use
C-1 · 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
Method
Estimation
Statistic approach
$6,580,000
ML approach
$6,555,000
CAP Approach
CAP Return
Estimation
6%
$9,065,000
6.5%
$8,365,000
7%
$7,770,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$10,025,000
Current use
Blend value · Realmo final
$6.34M
Range $5.71M – $6.97M · ±10% · vs last sale $5.10M (Dec 1 2021)
Last sale anchor
$5.10M
Dec 1 2021
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
$218 / 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
$61,541
Tax year 2023
Assessed value
$5,196,900
Assessed 2023
Previous assessed
$5,196,900
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,020,000
Assessed improvement
$4,176,900
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
1988
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
22
Total area
29,065 SF
Lot
2.37 ac (103,237 SF)
Zoning code
C-1
APN
438-110-03-00-2
UPID
US09-0281868
Jurisdiction
KERN
Zoning & alternative use
C-1 · Bakersfield, CA
Zoning C-1 · permitted uses
C-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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$10.0M
NEIGHBORHOOD: SHOPPING CENTER Current
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
Year built
1988
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
22
Lot
2.37 ac
Current owner
From public records · entity-resolved
Jd Elite Ventures LLC
Entity
Mailing address
11856 BALBOA BLVD #326, GRANADA HILLS, CA 91344-2753
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Dec 1, 2021
$5,095,000
Jd Elite Ventures LLC
Nielsen Enterprises
Grant Deed
$2,547,500 · Pacific Western National Bank
Nov 22, 2021
—
Nielsen Enterprises
—
Deed
related
$50,000 · Nielsen Family Trust
Aug 11, 2010
—
Nielsen Ents
Nielsen Ents
Quit Claim Deed
related
$900,000 · Standard Insurance Co
Jan 12, 2001
$1,493,500
Nielsen Enterprises
Jjs Leasing Partners LP
Grant Deed
$850,000 · Column Financial INC
Jul 26, 1993
$1,380,000
Jjs Leasing Partners LP
Great Northern I
Grant Deed
—
May 29, 1992
$470,557
Don Freymiller
Southland,exchan
Trustees 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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