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Property profile & analytics
OFF-MARKET
Estimated value
$6,470,000
Warehouses
8601 Kern Cyn Rd Bakersfield, CA 93306-5012
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US09-0281850
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1985
Construction
WOOD
Total area
71,030 SF
Lot
3.95 ac (172,062 SF)
Zoning code
C2
APN
388-071-27-00-4
UPID
US09-0281850
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
-
Purely Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.38M
Blend (final)
Blend
$6.47M
Owner & transaction history
Barber Auto Mall Properties LP · 9 yrs held
Barber Auto Mall Properties LP
since 2016
7 recorded transactions
Zoning & alternative use
C2 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$10.7M
+16.0%
Apartment house (5+ units)
$10.3M
+11.4%
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
WAREHOUSE, STORAGE
$9,210,000
Current use
RETAIL STORES
$10,675,000
Change: +16% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$10,255,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$6.47M
Range $5.82M – $7.12M · ±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
$91 / 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
$44,745
Tax year 2023
Assessed value
$3,792,761
Assessed 2023
Previous assessed
$3,792,761
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,115,518
Assessed improvement
$2,677,243
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
480
Total area
71,030 SF
Lot
3.95 ac (172,062 SF)
Zoning code
C2
APN
388-071-27-00-4
UPID
US09-0281850
Jurisdiction
KERN
Zoning & alternative use
C2 · Bakersfield, CA
Zoning C2 · permitted uses
C2 · 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
WAREHOUSE, STORAGE Current
Est. value
$9.2M
RETAIL STORES
Est. value
$10.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.3M
WAREHOUSE, STORAGE Current
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
1985
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
480
Lot
3.95 ac
Current owner
From public records · entity-resolved
Barber Auto Mall Properties LP
Entity
Mailing address
20371 IRVINE AVE STE #100, NEWPORT BEACH, CA 92660-0119
Ownership since
2016
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
Aug 9, 2016
$3,400,000
Barber Auto Mall Properties LP
American Self Storage Of Bakersfi
Grant Deed
—
Sep 22, 2014
$864,000
American Self-storage Of Bakersfi
American Self-storage Bakersfi
Grant Deed
—
Mar 17, 2006
—
American Self-storage Bakersfi
Ironstone LLC
Grant Deed
$2,225,000 · Column Financial INC
Jan 9, 2003
$1,870,000
Ironstone LLC
Jarrott,leonard S & Margaret S
Grant Deed
$1,134,000 · Carl E Lindros
—
—
American Self-storage
—
Deed Of Trust
related
$315,000 · Robert D & Alyson M Coburn
—
—
Ironstone LLC
—
Deed Of Trust
related
$160,000 · Mid-coast Mortgage
—
—
Ironstone LLC
—
Deed Of Trust
related
$59,000 · Mid-coast Mortgage
—
—
Ironstone LLC
—
Deed Of Trust
related
$100,000 · Mid-coast Mortgage
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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