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Property profile & analytics
OFF-MARKET
Parking lots & garages
621 Sumner St Bakersfield, CA 93305
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US09-2365350
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Construction
WOOD
Lot
0.23 ac (10,018 SF)
Zoning code
M-1
APN
016-060-05-00-8
UPID
US09-2365350
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
Darshana K Patel · 13 yrs held
Darshana K Patel
since 2012
7 recorded transactions
Zoning & alternative use
M-1 · 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
$700
Tax year 2023
Assessed value
$59,171
Assessed 2023
Previous assessed
$59,171
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$47,339
Assessed improvement
$11,832
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Construction
WOOD
Heating
YES
Cooling
YES
Lot
0.23 ac (10,018 SF)
Zoning code
M-1
APN
016-060-05-00-8
UPID
US09-2365350
Jurisdiction
KERN
Zoning & alternative use
M-1 · Bakersfield, CA
Zoning 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
Bakersfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
WOOD
Heating
YES
Cooling
Yes
Lot
0.23 ac
Current owner
From public records · entity-resolved
Darshana K Patel
Individual
Mailing address
627 SUMNER ST, BAKERSFIELD, CA 93305-5248
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 26, 2012
$587,500
Darshana K Patel
Nj Units LLC
Grant Deed
$450,000 · Open Bank
Jan 4, 2011
$515,000
Nj Units LLC
East West Bk
Grant Deed
$412,000 · East West Bank
Feb 25, 2010
$850,000
East West Bk
East-west Investment INC
Trustees Deed
related
—
Jul 20, 2005
$2,300,000
Sumner Investment LLC
Childress,jimmie D
Grant Deed
$1,380,000 · East West Bank
Jul 29, 2004
—
Jimmie D Childress
Childress,evelyn S
Quit Claim Deed
related
$1,500,000 · B Squared INC
Jul 29, 2004
$350,000
Jimmie D Childress
Floria,ronald A
Grant Deed
—
Sep 19, 2003
$100,000
Ronald A Floria
Brewer,dolores V
Trustees Deed
—
Dec 19, 2001
—
Dolores V Brewer
Brewer,dolores V
Quit Claim Deed
related
$136,000 · Cal Star Mortgage
Jan 26, 2001
$80,000
Dolores V Brewer
Patel,axay
Quit Claim Deed
related
$145,000 · Seller
Jan 15, 1993
$275,000
Axay Patel
Noriega Trust
Grant Deed
$200,000 · Seller
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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