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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Medical Office Space
8305 Brimhall Rd Ste 1602 Bakersfield, CA 93312-2172
Entity Owned
8-yr Hold
Free & Clear
Property ID
US09-5678941
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2016
Construction
WOOD FRAME
Total area
3,625 SF
Lot
0.08 ac (3,484 SF)
Zoning code
C-2
APN
501-290-01-00-0
UPID
US09-5678941
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
$355k
CAP Approach
CAP
$755k
Comparable Approach
Comparable
$704k
Blend (final)
Blend
$545k
Owner & transaction history
Aep Investors LLC · 8 yrs held
Aep Investors LLC
since 2018
7 recorded transactions
Zoning & alternative use
C-2 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of C-2 zone is to permit development of concentrated large-scale retail operations providing a broad range of goods and services which serve the metropolitan market area
Zone name
Commercial
General category
COMMERCIAL
Zone area
2,747.80 ac
Source
Realmo
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
$355,000
CAP Approach
CAP Return
Estimation
6%
$820,000
6.5%
$755,000
7%
$700,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$830,000
Current use
OFFICE BUILDING
$765,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
$150 / 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
$11,443
Tax year 2023
Assessed value
$912,534
Assessed 2023
Previous assessed
$912,534
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$193,429
Assessed improvement
$719,105
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2016
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
3,625 SF
Lot
0.08 ac (3,484 SF)
Zoning code
C-2
APN
501-290-01-00-0
UPID
US09-5678941
Jurisdiction
KERN
Zoning & alternative use
C-2 · Bakersfield, CAZoning C-2 · permitted uses
C-2 · Bakersfield, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of C-2 zone is to permit development of concentrated large-scale retail operations providing a broad range of goods and services which serve the metropolitan market area
Zone name
Commercial
General category
COMMERCIAL
Zone area
2,747.80 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$830,000
OFFICE BUILDING
Est. value
$765,000
MEDICAL BUILDING Current
OFFICE BUILDING
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
2016
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Aep Investors LLC
Entity
Free & Clear · 8 yrs held
Mailing address
PO BOX 20788, BAKERSFIELD, CA 93390-0788
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2018
—
Aep Investors LLC
Gpk Properties LLC
Quit Claim Deed
related
—
May 13, 2016
$522,000
Aep Investors LLC
Gpk Properties LLC
Grant Deed
related
$1,044,000 · Valley Republic Bk
May 13, 2016
$252,000
Gpk Properties LLC
Gpk Properties LLC
Grant Deed
related
$504,000 · Valley Republic Bk
May 12, 2016
—
Crown Pointe Business Centre
Crown Pointe Investments INC
Quit Claim Deed
related
—
Jul 31, 2015
—
Crown Pointe Investments INC
Hoss Ents LLC
Quit Claim Deed
related
$3,510,000 · Wells Fargo Bk
Feb 23, 2012
—
Hoss Ents LLC
—
Grant Deed
related
$1,000,000 · Citizens Busn Bk
Feb 22, 2012
—
Hoss Ents LLC
Jp Of Cp Dev INC
Quit Claim Deed
related
—
Nov 7, 2011
—
Hoss Ents LLC
Jp Of Cp Dev INC
Quit Claim Deed
related
—
—
—
Hoss Ents LLC
—
Loan Modification
related
$1,000,000 · Citizens Busn Bk
—
—
Hoss Ents LLC
—
Loan Modification, Consolidation And Extension
related
$1,250,000 · Citizens Busn Bk
—
—
Gpk Properties LLC
—
Deed Of Trust
related
$474,000 · 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.
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