Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$111,975,000
Manufacturing properties
7200 Brundage Ln Bakersfield, CA 93307-3016
Entity Owned
2-yr Hold
Free & Clear
Property ID
US09-2749530
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PROCESSING
Year built
1987
Construction
WOOD
Total area
1,219,100 SF
Lot
35.01 ac (1,525,035 SF)
Zoning code
M-2
APN
145-090-02-01-8
UPID
US09-2749530
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
-
Bolthouse Farms Agricultural Supply Food Market
-
Bolthouse detention center (bdc) Public Bathroom
-
Relife Drugs Withdrawal Medical Clinic
-
Fresh Logistics, Llc Logistics Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$124.29M
Blend (final)
Blend
$111.98M
Owner & transaction history
New Carrot Farms LLC · 2 yrs held
New Carrot Farms LLC
since 2024
6 recorded transactions
Zoning & alternative use
M-2 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$168.8M
+35.4%
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
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$124,750,000
Current use
AUTO REPAIR, GARAGE
$168,845,000
Change: +35% · Conversion: Easy
Blend value · Realmo final
$111.98M
Range $100.78M – $123.17M · ±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
$92 / 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
$3,857,629
Tax year 2023
Assessed value
$329,494,760
Assessed 2023
Previous assessed
$329,494,760
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,444,002
Assessed improvement
$328,050,758
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
Manufacturing properties
Use group
FOOD PROCESSING
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
YES
Cooling
YES
Total area
1,219,100 SF
Lot
35.01 ac (1,525,035 SF)
Zoning code
M-2
APN
145-090-02-01-8
UPID
US09-2749530
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
INDUSTRIAL (GENERAL) Current
Est. value
$124.8M
AUTO REPAIR, GARAGE
Est. value
$168.8M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
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
1987
Construction
WOOD
Heating
YES
Cooling
Yes
Lot
35.01 ac
Current owner
From public records · entity-resolved
New Carrot Farms LLC
Entity
Free & Clear · 2 yrs held
Mailing address
7300 E BRUNDAGE LN, BAKERSFIELD, CA 93307-3019
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2025
—
New Carrot Farms LLC
—
Deed
related
$60,000,000 · Western Alliance Bank
Jun 14, 2024
—
New Carrot Farms LLC
Wm Bolthouse Farms INC
Deed
related
—
Apr 29, 2024
—
New Carrot Farms LLC
Wm Bolthouse Farms INC
Grant Deed
—
Sep 28, 2020
—
Wm Bolthouse Farms INC
—
Deed
related
$210,000,000 · Bank Of America
Feb 28, 1973
—
William Bolthouse Farms INC
—
Grant Deed
related
—
—
—
Wm Bolthouse Farms INC
—
Deed Of Trust
related
$210,000,000 · Bank Of America
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7200 Brundage Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
