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Property profile & analytics
OFF-MARKET
Estimated value
$1,890,000
Grocery and convenience stores
5951 Niles St Bakersfield, CA 93306-4694
Entity Owned
12-yr Hold
Free & Clear
Property ID
US09-0394275
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1985
Construction
WOOD
Total area
41,025 SF
Lot
2.96 ac (128,937 SF)
Zoning code
C2
APN
135-180-32-00-9
UPID
US09-0394275
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
-
Vallarta Supermarkets Specialty Food Shop Supermarket
-
Letycia Lopez (Bike/Boat/Book/etc) Store Grocery & Convenience Store
-
Primo Water Refill Big Box & Wholesale Store
-
La Cocina Vallarta Restaurant
-
Margo Bitcoin ATM Atm Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.50M
Blend (final)
Blend
$1.89M
Owner & transaction history
5951 Niles LLC · 12 yrs held
5951 Niles LLC
since 2013
7 recorded transactions
Zoning & alternative use
C2 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.89M
Range $1.70M – $2.08M · ±10%
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
$46 / 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
$18,118
Tax year 2023
Assessed value
$1,352,078
Assessed 2023
Previous assessed
$1,352,078
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$590,914
Assessed improvement
$761,164
Applied tax rate
56.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
YES
Cooling
OTHER
Stories
2
Total area
41,025 SF
Lot
2.96 ac (128,937 SF)
Zoning code
C2
APN
135-180-32-00-9
UPID
US09-0394275
Jurisdiction
KERN
Zoning & alternative use
C2 · Bakersfield, CA
Zoning C2 · permitted uses
C2 · 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
1985
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
2.96 ac
Current owner
From public records · entity-resolved
5951 Niles LLC
Entity
Free & Clear · 12 yrs held
Mailing address
12881 BRADLEY AVE, SYLMAR, CA 91342-3828
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2018
—
5905 Niles Street LLC
—
Deed
related
$13,760,000 · Bank Of The West
Oct 1, 2013
—
5951 Niles LLC
Gonzalez,enrique SR & Maria
Quit Claim Deed
related
—
Jan 3, 2006
—
Enrique Gonzalez SR.
5951 Niles LLC
Quit Claim Deed
related
$6,771,299 · Citibank West Fsb
Dec 9, 2005
—
5951 Niles LLC
Gonzalez E & M Trust
Quit Claim Deed
related
—
Nov 14, 2005
—
Gonzalez Enrique & Maria Trust
Gonzalez,enrique & Maria
Quit Claim Deed
related
—
Sep 8, 1999
$575,000
Enrique Gonzalez
Wickes Realty INC
Grant Deed
—
—
—
5905 Niles Street LLC
—
Deed Of Trust
related
$22,313,615 · Bank Of The West
—
—
Enrique Gonzalez
—
Deed Of Trust
related
$2,000,000 · California Federal Bank
—
—
5905 Niles Street LLC
—
Loan Modification
related
$13,760,000 · Bank Of The West
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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