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575 Panama Ln Bakersfield, CA 93307-5622

OFF-MARKET Retail space Google Maps
2,310 SF 0.35 ac lot Built 1948
Individually Owned 2-yr Hold ~ Est. High Equity
Estimated value (blended)
$320k
Range $288k – $352k (±10%)
Property ID US09-0591609

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1948
Construction WOOD
Total area 2,310 SF
Lot 0.35 ac (15,245 SF)
Zoning code C1
APN 516-031-04-00-8
UPID US09-0591609

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Big Box & Wholesale Store
  • Bank Credit Union
  • Bank Credit Union
  • Grocery & Convenience Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2023
Last sale
$230,000
7 recorded transactions
2025
Price N/A
2023
Price N/A
2023
$625,000
2019
Price N/A
2017
Price N/A
2011
$230,000
2011
Price N/A

Zoning & alternative use

C1 · Bakersfield, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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