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Property profile & analytics
OFF-MARKET
Estimated value
$2,200,000
Warehouses
6901 Brundage Ln Bakersfield, CA 93307-3057
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-3092558
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2010
Construction
WOOD
Total area
6,080 SF
Lot
3.23 ac (140,698 SF)
Zoning code
M-2
APN
173-370-01-00-2
UPID
US09-3092558
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
-
Brocks Trailers Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.84M
Blend (final)
Blend
$2.20M
Owner & transaction history
Rej California Group INC · 2 yrs held
Rej California Group INC
since 2024
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
M-2 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.5M
+134.7%
Neighborhood: shopping center
$2.1M
+100.0%
Medical building
$1.4M
+32.5%
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
$2,200,000
ML approach
$2,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,460,000
Change: +135% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,095,000
Change: +100% · Conversion: Moderate
MEDICAL BUILDING
$1,390,000
Change: +33% · Conversion: Difficult
Blend value · Realmo final
$2.20M
Range $1.98M – $2.42M · ±10% · vs last sale $2.20M (May 24 2024)
Last sale anchor
$2.20M
May 24 2024
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
$362 / 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
$24,706
Tax year 2023
Assessed value
$2,080,800
Assessed 2023
Previous assessed
$2,080,800
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$884,340
Assessed improvement
$1,196,460
Applied tax rate
68.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2010
Construction
WOOD
Heating
NONE
Stories
1
Units
3
Total area
6,080 SF
Lot
3.23 ac (140,698 SF)
Zoning code
M-2
APN
173-370-01-00-2
UPID
US09-3092558
Jurisdiction
KERN
Zoning & alternative use
M-2 · Bakersfield, CA
Zoning M-2 · permitted uses
M-2 · 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
RESTAURANT
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.4M
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL 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
2010
Construction
WOOD
Heating
NONE
Stories
1
Units
3
Lot
3.23 ac
Current owner
From public records · entity-resolved
Rej California Group INC
Entity
Mailing address
13929 LA CASCADA CT, BAKERSFIELD, CA 93314-8354
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2024
$2,200,000
Rej California Group INC
Khushwant Singh
Grant Deed
$3,837,500 · Plumas Bank
Apr 29, 2021
$20,000
Khushwant Singh
Matthew E Brock
Grant Deed
$3,177,600 · Celtic Bank Corporation
Oct 24, 2008
—
Brock Matthew E Living Trust
Brock,matthew E
Quit Claim Deed
related
—
Aug 15, 2008
—
Matthew E Brock
Brock M & K Family Trust
Quit Claim Deed
related
$650,000 · San Joaquin Bank
Apr 6, 2004
—
Brock,tr
Brock,matthew E & Kelly L
Quit Claim Deed
related
—
May 6, 2003
$87,000
Matthew E Brock
Adh Corp
Grant Deed
$77,950 · Gmac Mortgage Corp
Nov 16, 1998
$415,000
Matthew E Brock
Schmidt,mark & Sharon
Grant Deed
$373,500 · Seller
—
—
Matthew Brock
—
Deed Of Trust
related
$100,000 · San Joaquin Bank
—
—
Brock,matthew E Living Trust
—
Deed Of Trust
related
$356,000 · Compass Bank
—
—
Mathew E Brock
—
Deed Of Trust
related
$306,947 · Valley Independent Bank
—
—
Mark Schmidt
—
Deed Of Trust
related
$100,000 · San Joaquin 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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