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Property profile & analytics
OFF-MARKET
Estimated value
$8,260,000
Showrooms
6881 District Blvd Bakersfield, CA 93313-2035
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US10-3225579
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1987
Construction
WOOD
Total area
218,408 SF
Lot
10.7 ac (466,091 SF)
Zoning code
M2
APN
385-014-07-00-8
UPID
US10-3225579
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
-
The Home Depot Pro Institutional Big Box & Wholesale Store
-
Flooring Liquidators General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.65M
Blend (final)
Blend
$8.26M
Owner & transaction history
Excel Business Park LLC · 9 yrs held
Excel Business Park LLC
since 2017
7 recorded transactions
Zoning & alternative use
M2 · 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
$8.26M
Range $7.43M – $9.09M · ±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
$38 / 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
$158,424
Tax year 2023
Assessed value
$12,959,264
Assessed 2023
Previous assessed
$12,959,264
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$4,685,178
Assessed improvement
$8,274,086
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
1987
Construction
WOOD
Heating
YES
Cooling
OTHER
Stories
1
Units
6
Total area
218,408 SF
Lot
10.7 ac (466,091 SF)
Zoning code
M2
APN
385-014-07-00-8
UPID
US10-3225579
Jurisdiction
KERN
Zoning & alternative use
M2 · Bakersfield, CAZoning M2 · permitted uses
M2 · Bakersfield, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1987
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
6
Lot
10.7 ac
Current owner
From public records · entity-resolved
Excel Business Park LLC
Entity
Mailing address
2518 N SANTIAGO BLVD, ORANGE, CA 92867-1862
Ownership since
2017
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 24, 2018
—
Excel Business Park LLC
—
Deed
related
—
Sep 6, 2017
—
Excel Business Park LLC
—
Grant Deed
related
$15,000,000 · East West Bk
May 24, 2017
—
Excel Business Park LLC
—
Grant Deed
related
$15,000,000 · East West Bk
Mar 10, 2017
$24,050,000
Excel Business Park LLC
Danari Bakersfield Industrial
Trustees Deed
$12,000,000 · Private Individual
Aug 2, 2013
$16,725,000
Danari Bakersfield Indl LP
Wells Fargo Series 2007-2
Grant Deed
$12,500,000 · Nxt Capital LLC
Sep 24, 2012
$13,000,000
Wells Fargo Bank Series 2007-2
Fidelity National Title Co
Trustees Deed
related
—
Aug 29, 2006
—
Ucm Of Titan-bakersfield Indl
Bakersfield-stockdale
Quit Claim Deed
—
—
—
Bakersfield-stockdale LP
—
Deed Of Trust
related
$3,074,208 · Wells Fargo Bank
—
—
Excel Business Park LLC
—
Loan Modification
related
—
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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