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Property profile & analytics
OFF-MARKET
Estimated value
$350,000
Parking lots & garages
712 Chico St Bakersfield, CA 93305
Individually Owned
25-yr Hold
Free & Clear
Property ID
US09-3368206
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Construction
WOOD
Lot
0.17 ac (7,405 SF)
Zoning code
R-3
APN
016-310-09-00-2
UPID
US09-3368206
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
$350k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$350k
Owner & transaction history
Wilma R Davis · 25 yrs held
Wilma R Davis
since 2000
3 recorded transactions
Zoning & alternative use
R-3 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
R-3 (Medium Density Multi-Unit Dwelling) Zone. The purpose of the R-3 zone is to provide land areas for the use and occupancy of accessory dwelling units , two-unit dwellings, medium-density single-unit dwellings and medium-density multi-unit dwellings . It is the intent of this zone to provide a livable, walkable and sustainable residential environment simi…
Zone name
Medium Density Multi Unit Dwelling Zone 13.1 To 20 Units Per Acre
General category
RESIDENTIAL
Zone area
1,343.15 ac
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
$350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$350k
Range $315k – $385k · ±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
—
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
$103
Tax year 2023
Assessed value
$8,523
Assessed 2023
Previous assessed
$8,523
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$5,159
Assessed improvement
$3,364
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
0.17 ac (7,405 SF)
Zoning code
R-3
APN
016-310-09-00-2
UPID
US09-3368206
Jurisdiction
KERN
Zoning & alternative use
R-3 · Bakersfield, CAZoning R-3 · permitted uses
R-3 · Bakersfield, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
R-3 (Medium Density Multi-Unit Dwelling) Zone. The purpose of the R-3 zone is to provide land areas for the use and occupancy of accessory dwelling units , two-unit dwellings, medium-density single-unit dwellings and medium-density multi-unit dwellings . It is the intent of this zone to provide a livable, walkable and sustainable residential environment similar to that found in small- lot single-unit neighborhoods at densities that promote medium-density duplexes, condominiums, townhomes and apartments. The residential density range for this zone is 13.1 to twenty dwelling units per net acre. 5.
Zone name
Medium Density Multi Unit Dwelling Zone 13.1 To 20 Units Per Acre
General category
RESIDENTIAL
Zone area
1,343.15 ac
Building & site characteristics
From public records
Construction
WOOD
Heating
YES
Cooling
Yes
Lot
0.17 ac
Current owner
From public records · entity-resolved
Wilma R Davis
Individual
Free & Clear · 25 yrs held
Mailing address
301 BAKER ST, BAKERSFIELD, CA 93305-5805
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2000
—
Wilma R Davis
Rucker,clarice B
Grant Deed
related
—
Nov 28, 2000
—
Clarice B Rucker
Rucker Trust
Quit Claim Deed
related
—
Jul 28, 1994
—
Rucker Trust
Rucker,clarice B
Quit Claim Deed
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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