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Property profile & analytics
OFF-MARKET
Estimated value
$990,000
Manufacturing properties
721 Brundage Ln Bakersfield, CA 93304-3101
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-3600599
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2022
Construction
WOOD FRAME
Total area
7,400 SF
Lot
1.8 ac (78,408 SF)
Zoning code
M-1
APN
011-050-04-00-7
UPID
US09-3600599
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
-
Kern Ornamental and Wrought Iron Supplies Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.16M
Comparable Approach
Comparable
$783k
Blend (final)
Blend
$990k
Owner & transaction history
Javier Hernandez · 7 yrs held
Javier Hernandez
since 2019
7 recorded transactions
Zoning & alternative use
M-1 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.4M
+44.0%
Auto repair, garage
$1.2M
+18.1%
Retail stores
$1.1M
+7.6%
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%
$1,260,000
6.5%
$1,160,000
7%
$1,080,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,000,000
Current use
OFFICE BUILDING
$1,435,000
Change: +44% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,180,000
Change: +18% · Conversion: Easy
RETAIL STORES
$1,075,000
Change: +8% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$995,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$990k
Range $891k – $1.09M · ±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
$134 / 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
$12,277
Tax year 2023
Assessed value
$1,040,520
Assessed 2023
Previous assessed
$1,040,520
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$255,182
Assessed improvement
$785,338
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2022
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
YES
Stories
2
Total area
7,400 SF
Lot
1.8 ac (78,408 SF)
Zoning code
M-1
APN
011-050-04-00-7
UPID
US09-3600599
Jurisdiction
KERN
Zoning & alternative use
M-1 · Bakersfield, CA
Zoning M-1 · permitted uses
M-1 · 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
$1.0M
OFFICE BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$995,000
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2022
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
1.8 ac
Current owner
From public records · entity-resolved
Javier Hernandez
Individual
Mailing address
9911 COBBLESTONE AVE, BAKERSFIELD, CA 93311-9395
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2019
$300,000
Javier Hernandez
Sia Investments LLC
Grant Deed
$225,000 · Sia Invs LLC
Dec 16, 2015
—
Sia Investements LLC
Sia Investments LLC
Quit Claim Deed
related
—
Nov 5, 2007
—
Sia Investments LLC
Mistry,minesh & Manisha
Grant Deed
—
Jul 26, 2007
$1,150,000
Minesh Mistry
California Board & Care
Grant Deed
$850,000 · California Board & Care
Nov 5, 1998
—
California Board
—
Grant Deed
related
$428,000 · Borrego Springs Bank
Nov 3, 1998
—
California Board
Bhatti,mohammad A & Firdous K
Grant Deed
related
—
Jun 12, 1997
$75,000
Mohammad A Bhatti
Jourdan,marion M
Grant Deed
—
—
—
Sia Investements LLC
—
Deed Of Trust
related
$550,000 · Valley Republic Bk
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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