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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Theaters & concert halls
7320 Wible Rd Bakersfield, CA 93313
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-3056252
Property profile
Verified
Property type
Theaters & concert halls
Use group
AUDITORIUM
Year built
2003
Construction
WOOD
Total area
6,386 SF
Lot
1.19 ac (51,836 SF)
Zoning code
R-2
APN
515-110-14-00-6
UPID
US09-3056252
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
-
Bakersfield Firefighter’s hall Wedding Service
-
Bakersfield City Firefighters - Bakersfield Firefighters Online Fire Station
-
Desi food shop Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$915k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$930k
Owner & transaction history
My Punjab LLC · 2 yrs held
My Punjab LLC
since 2023
Last sale
$1.0M
4 recorded transactions
Zoning & alternative use
R-2 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.3M
+239.6%
Restaurant
$1.0M
+166.5%
Medical building
$935,000
+149.7%
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
$810,000
ML approach
$915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,275,000
Change: +240% · Conversion: Difficult
RESTAURANT
$1,000,000
Change: +166% · Conversion: Difficult
MEDICAL BUILDING
$935,000
Change: +150% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$570,000
Change: +52% · Conversion: Difficult
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±10% · vs last sale $1.00M (Sep 11 2023)
Last sale anchor
$1.00M
Sep 11 2023
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
$146 / 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
$12,934
Tax year 2023
Assessed value
$1,092,420
Assessed 2023
Previous assessed
$1,092,420
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$312,120
Assessed improvement
$780,300
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
Theaters & concert halls
Use group
AUDITORIUM
Status
Off-Market
Year built
2003
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Bathrooms
1
Total area
6,386 SF
Lot
1.19 ac (51,836 SF)
Zoning code
R-2
APN
515-110-14-00-6
UPID
US09-3056252
Jurisdiction
KERN
Zoning & alternative use
R-2 · Bakersfield, CA
Zoning R-2 · permitted uses
R-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
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
RESTAURANT
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$935,000
INDUSTRIAL (GENERAL)
Est. value
$570,000
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
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
2003
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Bathrooms
1
Lot
1.19 ac
Current owner
From public records · entity-resolved
My Punjab LLC
Entity
Mailing address
19350 BUSINESS CTR DR, NORTHRIDGE, CA 91324-3500
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2023
$1,000,000
My Punjab LLC
Balbir Manik
Grant Deed
—
May 6, 2022
—
Balbir Manik
Charanjit Manik
Intrafamily Transfer
related
—
Oct 22, 2021
—
Charanjit Manik
Balbir Manik
Intrafamily Transfer
related
—
May 7, 2021
$1,100,000
Balbir Manik
Bakersfield Firemens Relief Associa
Grant Deed
$750,000 · Andrew And Jan Sill Family Trust
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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