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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Showrooms
5819 Nathaniel Way Bakersfield, CA 93313-2964
Entity Owned
4-yr Hold
Free & Clear
Property ID
US09-5055665
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2018
Construction
STEEL FRAME
Total area
4,130 SF
Lot
0.31 ac (13,503 SF)
Zoning code
M-1
APN
499-582-11-00-1
UPID
US09-5055665
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
$870k
CAP Approach
CAP
$800k
Comparable Approach
Comparable
$635k
Blend (final)
Blend
$740k
Owner & transaction history
Arredondo Ventures INC · 4 yrs held
Arredondo Ventures INC
since 2022
Last sale
$725,000
2 recorded transactions
Zoning & alternative use
M-1 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of M-1 zone is to promote light manufacturing and related uses
Zone name
Light Manufacturing
General category
INDUSTRIAL
Zone area
4,337.24 ac
Source
Realmo
Top alternative use upside
Medical building
$945,000
+91.0%
Office building
$870,000
+76.4%
Auto repair, garage
$660,000
+33.0%
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
$740,000
ML approach
$870,000
CAP Approach
CAP Return
Estimation
6%
$865,000
6.5%
$800,000
7%
$740,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$495,000
Current use
MEDICAL BUILDING
$945,000
Change: +91% · Conversion: Easy
OFFICE BUILDING
$870,000
Change: +76% · Conversion: Easy
AUTO REPAIR, GARAGE
$660,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$585,000
Change: +19% · Conversion: Easy
WAREHOUSE, STORAGE
$535,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$740k
Range $666k – $814k · ±10% · vs last sale $725k (Mar 18 2022)
Last sale anchor
$725k
Mar 18 2022
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
$179 / 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
$9,026
Tax year 2023
Assessed value
$739,500
Assessed 2023
Previous assessed
$739,500
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$124,440
Assessed improvement
$615,060
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2018
Construction
STEEL FRAME
Heating
GAS
Cooling
OTHER
Stories
1
Units
2
Total area
4,130 SF
Lot
0.31 ac (13,503 SF)
Zoning code
M-1
APN
499-582-11-00-1
UPID
US09-5055665
Jurisdiction
KERN
Zoning & alternative use
M-1 · Bakersfield, CAZoning 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
Zoning description
The intent of M-1 zone is to promote light manufacturing and related uses
Zone name
Light Manufacturing
General category
INDUSTRIAL
Zone area
4,337.24 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$495,000
MEDICAL BUILDING
Est. value
$945,000
OFFICE BUILDING
Est. value
$870,000
AUTO REPAIR, GARAGE
Est. value
$660,000
RETAIL STORES
Est. value
$585,000
WAREHOUSE, STORAGE
Est. value
$535,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
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
2018
Construction
STEEL FRAME
Heating
GAS
Cooling
Yes
Stories
1
Units
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
Arredondo Ventures INC
Entity
Free & Clear · 4 yrs held
Mailing address
4410 WIBLE RD, BAKERSFIELD, CA 93313-2642
Ownership since
2022
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
Mar 18, 2022
$725,000
Arredondo Ventures INC
Jim D Borden
Grant Deed
—
Apr 23, 2014
$83,500
Borden,jim D & Cynthia L Trust
Pampas Del Cielo LLC
Grant Deed
—
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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