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Property profile & analytics
OFF-MARKET
Estimated value
$1,510,000
Motels
812 Wible Rd Bakersfield, CA 93304-4124
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-2963697
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2008
Construction
WOOD
Total area
10,541 SF
Lot
0.36 ac (15,681 SF)
Zoning code
R-S
APN
148-240-38-00-8
UPID
US10-2963697
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
-
Knights Inn Bakersfield Hotel & Motel
-
Scottish Inn Suites Hotel & Motel
-
John Scott kimble Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.69M
CAP Approach
CAP
$1.22M
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$1.51M
Owner & transaction history
Svag Realty LLC · 3 yrs held
Svag Realty LLC
since 2023
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
R-S · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.4M
+64.2%
Office building
$2.0M
+39.5%
Auto repair, garage
$1.7M
+14.4%
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
$1,440,000
ML approach
$1,685,000
CAP Approach
CAP Return
Estimation
6%
$1,320,000
6.5%
$1,220,000
7%
$1,135,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,470,000
Current use
MEDICAL BUILDING
$2,410,000
Change: +64% · Conversion: Difficult
OFFICE BUILDING
$2,045,000
Change: +39% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,680,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$1,530,000
Change: +4% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,420,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$1.51M
Range $1.36M – $1.66M · ±10% · vs last sale $1.78M (Feb 15 2023)
Last sale anchor
$1.78M
Feb 15 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
$143 / 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
$11,825
Tax year 2023
Assessed value
$1,000,488
Assessed 2023
Previous assessed
$1,000,488
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$191,387
Assessed improvement
$809,101
Applied tax rate
56.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
GAS
Cooling
YES
Stories
1
Units
20
Bathrooms
1
Total area
10,541 SF
Lot
0.36 ac (15,681 SF)
Zoning code
R-S
APN
148-240-38-00-8
UPID
US10-2963697
Jurisdiction
KERN
Zoning & alternative use
R-S · Bakersfield, CA
Zoning R-S · permitted uses
R-S · 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
HOTEL/MOTEL Current
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.7M
RETAIL STORES
Est. value
$1.5M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
HOTEL/MOTEL Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
2008
Construction
WOOD
Heating
GAS
Cooling
Yes
Stories
1
Units
20
Bathrooms
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Svag Realty LLC
Entity
Mailing address
364 OLIVER ST, MILPITAS, CA 95035-2651
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2023
$1,775,000
Svag Realty LLC
Dhruvi Ba INC
Grant Deed
$1,400,000 · Dhruvi Ba INC
Dec 1, 2017
$1,150,000
Dhruvi Ba INC
Pink Lotus LLC
Grant Deed
$805,000 · Us Metro Bank
Feb 14, 2013
$595,727
Pink Lotus LLC
Td Service Co
Trustees Deed
related
—
Jul 31, 2007
—
Arth Properties INC
—
Trustees Deed
related
$958,460 · San Joaquin Bank
Oct 3, 2005
—
Arth Properties INC
Shihora,kamlesh K
Grant Deed
—
Feb 26, 2004
$125,000
Kamlesh K Shihora
Barthel Family Trust
Grant Deed
—
Aug 26, 2003
—
Donna Arliene
Arliene,donna
Quit Claim Deed
related
—
Nov 1, 2001
—
Barthel Trust
Barthel,darlene
Quit Claim Deed
related
—
Jun 18, 1999
$50,000
Arliene,donna
Ransom,cecil
Trustees Deed
$25,000 · Seller
Jun 18, 1999
—
Darlene M Barthel
Barthel,george W
Quit Claim Deed
related
—
Mar 3, 1999
—
Cecil Ransom
Graup Trust
Grant Deed
related
—
—
—
Arth Properties INC
—
Deed Of Trust
related
$394,660 · San Joaquin Bank
—
—
Pink Lotus LLC
—
Deed Of Trust
related
$400,000 · Wilshire State Bank
—
—
Arth Properties INC
—
Deed Of Trust
related
$563,800 · San Joaquin Bank
—
—
Arth Properties INC
—
Deed Of Trust
related
$408,000 · Mid State Development
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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