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Property profile & analytics
OFF-MARKET
Estimated value
$1,150,000
Medical Office Space
6055 Niles St Bakersfield, CA 93306-4696
Entity Owned
5-yr Hold
Free & Clear
Property ID
US09-0436941
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1988
Construction
WOOD
Total area
5,520 SF
Lot
0.5 ac (21,780 SF)
Zoning code
C2
APN
135-180-28-00-8
UPID
US09-0436941
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
-
Children's Urgent Care Pediatrician Medical Clinic
-
Niles Children's Clinic Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.19M
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.15M
Owner & transaction history
United Ap Investments LLC · 5 yrs held
United Ap Investments LLC
since 2021
7 recorded transactions
Zoning & alternative use
C2 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.9M
+50.9%
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%
$1,285,000
6.5%
$1,190,000
7%
$1,105,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,260,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,905,000
Change: +51% · Conversion: Difficult
OFFICE BUILDING
$1,165,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$1.15M
Range $1.04M – $1.27M · ±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
$208 / 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
$20,062
Tax year 2023
Assessed value
$1,749,952
Assessed 2023
Previous assessed
$1,749,952
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$405,756
Assessed improvement
$1,344,196
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
YES
Cooling
OTHER
Stories
1
Total area
5,520 SF
Lot
0.5 ac (21,780 SF)
Zoning code
C2
APN
135-180-28-00-8
UPID
US09-0436941
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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.2M
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
Lot
0.5 ac
Current owner
From public records · entity-resolved
United Ap Investments LLC
Entity
Free & Clear · 5 yrs held
Mailing address
8325 BRIMHALL RD, BAKERSFIELD, CA 93312-2244
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2025
—
United Ap Investments LLC
—
Deed
related
$1,520,000 · Jpmorgan Chase Bank NA
May 26, 2021
—
United Ap Investments LLC
Ashok Parmar
Grant Deed
—
Jul 23, 2018
—
Ashok Parmar
—
Trustees Deed
related
$1,520,000 · Jpmorgan Chase Bk NA
May 15, 2018
$1,325,000
Ashok Parmar
Benjamin,david S & Agnes Y
Grant Deed
—
Apr 29, 1999
—
Kady Corp
Von Der Ahe,frederic T
Quit Claim Deed
related
—
Apr 29, 1999
$840,000
Benjamin,david S & Agnes Y
Kady Corp
Trustees Deed
$620,000 · Pacific Crest Bank
Jan 19, 1989
—
Simpson Lear E
Simpson,lear E
Quit Claim Deed
related
$665,000 · Great American Fed'l Savings
—
—
Lear E Simpson Trustee
—
Deed Of Trust
related
$435,500 · Wells Fargo Bank
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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