Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    8858 Spectrum Park Way Bakersfield, CA 93308-9441

    • Hotels
    • 36,642 SF
    • 1.72 lot acres
    OFF-MARKET
    Value Estimation
    $8,180,000
    Last Sale
    Jun 30, 2021
    $7,500,000
    Location Intelligence
    Property ID
    US10-2953980
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • La Quinta Inn & Suites by Wyndham Bakersfield North / Motel / Hotel

    Property Details for 8858 Spectrum Park Way

    Year built
    2006
    Construction
    WOOD FRAME
    Lot size
    1.72 lot acres
    Property size
    36,642 SF
    Zone code
    M-2
    Property type
    Hotels
    APN
    492-200-19-00-1
    APU
    49220019001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $8,130,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,905,000
      6.5%
      $7,000,000
      7%
      $8,120,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $8,300,000
      Geo Method
      $8,440,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $7,135,000
      Retail
      $5,930,000
      Mixed-Use
      $5,940,000
      Hospitality
      $6,850,000
      Educational
      $7,810,000
      Residential Income
      $6,265,000
      Energy
      $6,030,000
      Income-Based Land
      $7,295,000
      Food Service
      $6,855,000

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.076
    Latitude
    35.4403
    CBSA code
    12540
    CBSA name
    BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $101,414
    $780,300
    $7,036,386
    $7,816,686
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      79,406 SF

      3101 Camino Del Rio Ct

      HOTEL • 79,406 SF
      3101 Camino Del Rio Ct, Bakersfield, CA 93308
      View Details
    • Value Estimation by Request
      62,536 SF

      8818 Spectrum Park Way

      HOTEL • 62,536 SF
      8818 Spectrum Park Way, Bakersfield, CA 93308-9441
      View Details
    • Value Estimation by Request
      59,821 SF

      3001 Buck Owens Blvd

      HOTEL • 59,821 SF
      3001 Buck Owens Blvd, Bakersfield, CA 93308-6317
      View Details
    • Value Estimation
      $1,050,000
      3,600 SF

      4100 Burr St

      HOTEL • 3,600 SF
      4100 Burr St, Bakersfield, CA 93308-6113
      View Details
    • Value Estimation by Request
      66,233 SF

      3801 Marriott Dr

      HOTEL • 66,233 SF
      3801 Marriott Dr, Bakersfield, CA 93308-6259
      View Details
    • Value Estimation by Request
      1.78 Acres

      19480 Quinn Rd

      HOTEL • 1.78 Acres
      19480 Quinn Rd, Bakersfield, CA 93308-9636
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      30,468 SF

      Bakersfield Motel - Value Add Opportunity

      100-Key Motel, High Potential, CA
      5200 Olive Tree Ct, Bakersfield, CA 93308
      View Details
    • $3,500,000
      19.98 Acres

      Bakersfield Commercial Land - $3.5M

      19.98 Acres, Hwy 99 Development
      0 Merced Ave, Bakersfield, CA 93308
      View Details
    • $850,000
      14,000 SF

      Bakersfield Church - $850K

      Established Church, Ample Parking, North Bakersfield
      427 Woodrow Ave, Bakersfield, CA 93308
      View Details
    • $1,050,000
      3,273 SF

      Bakersfield Commercial Corner Lot

      High-traffic corner lot, dual residences.
      1575 Olive Dr, Bakersfield, CA 93308
      View Details
    • $275,000
      500 SF

      Two Homes on Large Lot

      Two well-maintained homes on a single lot, easy to rent.
      122 E Belle Ave, Bakersfield, CA 93308
      View Details
    • $8,450,000
      174,292 SF

      Industrial-Grade FBO with Runway Access

      Aviation real estate with fueling rights and development capacity.
      1105 Douglas St, Bakersfield, CA 93308
      View Details

    Similar Nearby for Lease

    • $5,536 /Mo

      Bakersfield Office Building For Lease

      Single-story office building in North Bakersfield with flexible lease terms.
      4000 Rio Del Norte St, Bakersfield, CA 93308
      View Details
    • $7 SF/Yr
      357,609 SF

      Bakersfield Warehouse Space Available

      Large industrial warehouse, multiple units.
      6001 Snow Rd, Bakersfield, CA 93308
      View Details
    • $13 SF/Yr
      70,456 SF

      Bakersfield Airport Business Center

      Prime Bakersfield Office/Warehouse Space
      3701 Pegasus Dr, Bakersfield, CA 93308
      View Details
    • $18,000 /Mo
      101,059 SF

      Bakersfield Industrial Land for Lease

      Fully fenced, 2.32-acre lot near Airport.
      0 Ca-65, Bakersfield, CA 93308
      View Details
    • Contact for pricing
      1,050 SF

      Retail Space Near Amazon Center

      Retail space for rent near a large Amazon fulfillment center.
      35315 Merle Haggard Dr, Bakersfield, CA 93308
      View Details
    • $25,000
      4,724 SF

      Industrial Space with Paint Booth

      Industrial property featuring a paint booth and phosphate tank.
      3912 Gilmore Ave, Bakersfield, CA 93308
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8858 Spectrum Park Way
    Bakersfield, CA 93308-9441
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.