Financial
Distress signals
Property profile

7005 Downing Ave Bakersfield, CA 93308

OFF-MARKET
Industrial properties
Property ID
US09-3111473
7,500 SF 1.59 ac lot Built 1983
Last sale Apr 2026 · $1,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 7,500 square foot flex space property located at 7005 Downing Ave, Bakersfield, CA 93308. The property sits on a 1.59-acre lot and is zoned M-3, offering versatility for various industrial uses. Currently under a net lease agreement with a remaining term of four years (commencing June 1st, 2023, and expiring May 31st, 2027), this investment provides immediate cash flow. The asking price is $1,350,000. The property's strategic location in

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$982k
Assessed land$596k
Assessed improvement$386k
Effective rate1.18%

Value estimate

· Sep 2026
$3.06M
$2.75M – $3.36M
CAP approach$1.18M
Submarket $/SF estimate$1.33M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$134/SF
ZIP average, outlier-cleaned · 91 recorded sales of this use type
Observed band · Q1–Q3$68 – $197
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M-3
The intent of M-1 zone is to promote heavy industrial manufacturing and related uses
General categoryINDUSTRIAL
JurisdictionKERN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.0
Parking Facility12.0
Convenience Store10.9

Location

7005 Downing Ave Bakersfield, CA 93308-5813
County assessor Recorded deeds · 9 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4750 Burr, Bakersfield, CA 93308-6113 $1,850,000 Dec 2025 6,000 SF
2131 Saturn, Bakersfield, CA 93308-6828 $1,600,000 May 2025 7,200 SF
5234 Northspur, Bakersfield, CA 93308-6185 $1,550,000 Jan 2025 7,064 SF
1143 Carrier Pkwy, Bakersfield, CA 93308-9666 $1,500,000 Oct 2024 9,416 SF
7041 Meany, Bakersfield, CA 93308-5269 $1,200,000 Sep 2024 6,000 SF
2825 Standard, Bakersfield, CA 93308-6239 $2,000,000 Apr 2024 8,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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