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Property profile & analytics
FOR LEASE
Office Spaces
9700 Stockdale Hwy Bakersfield, CA 93311
Entity Owned
7-yr Hold
Free & Clear
Property ID
US09-1226231
For Lease
1 / 5
$22.20 SF/Yr
9700 Stockdale Hwy, Bakersfield, CA 93311
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2004
Construction
WOOD
Total area
46,344 SF
Lot
2.5 ac (108,900 SF)
Zoning code
CO
APN
390-380-19-00-1
UPID
US09-1226231
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
-
Jerry Dufloth - Bakersfield Realtor Real Estate Agency
-
Prestige Properties Team Tipton Real Estate Agency
-
Hardt Foundation Charitable Organization Social Service Agency
-
Bakersfield Angels Association / Organization
-
Property Wonk Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.38M
Comparable Approach
Comparable
$8.29M
Blend (final)
Blend
$8.37M
Owner & transaction history
Chrystal Investments LLC · 7 yrs held
Chrystal Investments LLC
since 2019
1 recorded transaction
Zoning & alternative use
CO · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$10.6M
+91.0%
Office building
$9.8M
+76.4%
Apartment house (5+ units)
$8.8M
+58.7%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,995,000
6.5%
$7,380,000
7%
$6,850,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,550,000
Current use
MEDICAL BUILDING
$10,595,000
Change: +91% · Conversion: Easy
OFFICE BUILDING
$9,785,000
Change: +76% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$8,805,000
Change: +59% · Conversion: Moderate
AUTO REPAIR, GARAGE
$7,380,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$6,590,000
Change: +19% · Conversion: Easy
Blend value · Realmo final
$8.37M
Range $7.53M – $9.20M · ±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
$180 / 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
$117,173
Tax year 2023
Assessed value
$9,864,255
Assessed 2023
Previous assessed
$9,864,255
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$2,358,842
Assessed improvement
$7,505,413
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Lease
Year built
2004
Construction
WOOD
Heating
YES
Cooling
YES
Stories
3
Total area
46,344 SF
Lot
2.5 ac (108,900 SF)
Zoning code
CO
APN
390-380-19-00-1
UPID
US09-1226231
Jurisdiction
KERN
Zoning & alternative use
CO · Bakersfield, CA
Zoning CO · permitted uses
CO · 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
COMMERCIAL (GENERAL) Current
Est. value
$5.6M
MEDICAL BUILDING
Est. value
$10.6M
OFFICE BUILDING
Est. value
$9.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.8M
AUTO REPAIR, GARAGE
Est. value
$7.4M
RETAIL STORES
Est. value
$6.6M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
RETAIL STORES
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
2004
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
3
Lot
2.5 ac
Current owner
From public records · entity-resolved
Chrystal Investments LLC
Entity
Free & Clear · 7 yrs held
Mailing address
3101 STATE RD, BAKERSFIELD, CA 93308-4931
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2019
$9,200,000
Chrystal Investments LLC
Kern Health Systems
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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