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Property profile & analytics
OFF-MARKET
Office buildings
615 Sumner St Bakersfield, CA 93305
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-0380591
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1906
Construction
WOOD
Total area
3,050 SF
Lot
0.21 ac (9,147 SF)
Zoning code
M1
APN
016-060-04-00-5
UPID
US09-0380591
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Luis Jimenez · 4 yrs held
Luis Jimenez
since 2022
Last sale
$230,000
7 recorded transactions
Zoning & alternative use
M1 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,001
Tax year 2023
Assessed value
$234,600
Assessed 2023
Previous assessed
$234,600
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$66,300
Assessed improvement
$168,300
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1906
Construction
WOOD
Heating
FORCED AIR
Cooling
EVAPORATIVE
Stories
1
Total area
3,050 SF
Lot
0.21 ac (9,147 SF)
Zoning code
M1
APN
016-060-04-00-5
UPID
US09-0380591
Jurisdiction
KERN
Zoning & alternative use
M1 · Bakersfield, CA
Zoning M1 · permitted uses
M1 · 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
1906
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Luis Jimenez
Individual
Mailing address
4704 BASQUE ST, BAKERSFIELD, CA 93313-2175
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2022
$230,000
Luis Jimenez
Kyle Salcido
Grant Deed
$172,500 · Kyle Salcido
Jun 11, 2021
—
Kyle Saicido
Jorge Salicido
Quit Claim Deed
related
—
Oct 15, 2009
—
Jorge L Salcido
Jerry & Patricia Fuentez
Quit Claim Deed
related
—
Aug 8, 2005
—
Jerry Fuentez
Fuentez,jerry M & Patricia A
Quit Claim Deed
related
—
May 4, 2000
$40,000
Jerry Fuentez
Herrera,maria E
Grant Deed
$35,000 · Seller
—
—
Jerry Fuentez
—
Deed Of Trust
related
$105,000 · Elmer F Karpe INC
—
—
Jorge L Salcido
—
Deed Of Trust
related
$26,500 · L W Stroope Family LP
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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