Technical
Financial
Distress signals
Property profile

9705 Main St Lamont, CA 93241

FOR SALE
Turn key restaurants
Property ID
US09-2814359
3,000 SF 0.15 ac lot Built 1956
Individually Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property in Lamont, California consists of a restaurant and bar building of approximately 3,000 square feet and a separate 12-room motel facility with associated office and laundry facilities. The motel building totals approximately 4,170 square feet and includes 12 rooms, with seven rooms having been refurbished and the remaining rooms requiring minor plumbing work. The restaurant utilizes the motel’s parking lot, and the combined site is set on approximately 0.4514 acres. The buildings have been maintained and upgraded, and the motel is not currently operating.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1956
Construction WOOD
Total area 3,000 SF
Lot 0.15 ac (6,534 SF)
APN 188-031-19-00-1
UPID US09-2814359

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

9705 Main St Lamont, CA 93241
Lamont metro Census 6406 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2017
5 recorded transactions
2017
$1.0M
2000
Price N/A
1993
$377,000
1980
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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