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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Bakersfield, CA 93307

    • Mobile home & RV parks
    • 1,467 SF
    • 10.79 lot acres
    OFF-MARKET
    Value Estimations
    $505,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-4211134
    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

    • Mobile home & RV parks

    Property Details

    Year built
    1988
    Construction
    WOOD
    Lot size
    10.79 lot acres
    Property size
    1,467 SF
    Property type
    Mobile home & RV parks
    Property subtype
    Campgrounds
    APN
    177-110-49-00-4
    APU
    17711049004

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $370,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $643,000
      Market price range: $130k - $644k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -118.88
    Latitude
    35.3429
    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
    $38,944
    $2,985,367
    $234,432
    $3,219,799
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $3,725,000
      8.90 Acres

      8633 Brundage Ln

      CAMPGROUND, RV PARK • 8.90 Acres
      8633 Brundage Ln, Bakersfield, CA 93307-9604
      View Details
    • Value Estimation by Request
      0.93 Acres

      1452 Edison Rd

      CAMPGROUND, RV PARK • 0.93 Acres
      1452 Edison Rd, Bakersfield, CA 93307-9166
      View Details
    • Value Estimation
      $4,695,000
      2,784 SF

      16501 Un Ave

      CAMPGROUND, RV PARK • 2,784 SF
      16501 Un Ave, Bakersfield, CA 93307-9185
      View Details
    • Value Estimation by Request
      981 SF

      922 Un Ave

      CAMPGROUND, RV PARK • 981 SF
      922 Un Ave, Bakersfield, CA 93307-3640
      View Details
    • Value Estimation by Request
      0.65 Acres

      2135 Un Ave

      CAMPGROUND, RV PARK • 0.65 Acres
      2135 Un Ave, Bakersfield, CA 93307-4155
      View Details
    • Value Estimation
      $640,000
      1,920 SF

      250 Fairfax Rd

      CAMPGROUND, RV PARK • 1,920 SF
      250 Fairfax Rd, Bakersfield, CA 93307-3015
      View Details

    Similar Nearby for Sale

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      Move-In Ready Home in Bakersfield

      Well-maintained 3-bedroom home with community amenities in desirable Bakersfield park.
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    • $89,999

      Turn-Key Manufactured Home in Bakersfield

      3 bed, 2 bath manufactured home with community pool access.
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    • $139,000

      West Hills Manufactured Home

      Well-maintained 3-bedroom, 2-bath home in a 55+ community.
      1225 Taft Ave, Bakersfield, CA 93307
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    • $139,000

      West Hills Manufactured Home

      Well-maintained 3-bedroom home in a 55+ community.
      1225 Taft 23, Bakersfield, CA 93307
      View Details
    • $575,000
      2,700 SF

      Rehabbed Triplex in Bakersfield

      Turnkey triplex with modern updates, ready for immediate income.
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      View Details
    • $449,999
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      Bakersfield Multifamily Investment Opportunity

      Tenant-occupied 5-unit property with immediate cash flow potential.
      12119 Edison Hwy, Bakersfield, CA 93307
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    Similar Nearby for Lease

    • $5,000 /Mo
      1,850 SF

      Commercial & Residential Mixed-Use Property

      Versatile commercial and residential property in a high-traffic Bakersfield location.
      1313 Brundage Ln, Bakersfield, CA 93307
      View Details
    • Contact for pricing
      2,150 SF

      420 Weedpatch Hwy

      Restaurants • 2,150 SF
      420 Weedpatch Hwy, Bakersfield, CA 93307
      View Details
    • $6,000 /Mo
      435,600 SF

      Bakersfield Agricultural Land Lease

      10 Acres, Flexible Terms, Secure Yard
      1000 Hosking Ave, Bakersfield, CA 93307
      View Details
    • $0.07 SF/Yr
      33,000 SF

      Bakersfield Warehouse Space Available

      Industrial warehouse, multiple spaces, 12 acres
      8319 Kimber Ave, Bakersfield, CA 93307
      View Details
    • $0.90 SF/Yr
      4,000 SF

      Bakersfield Warehouse Space Available

      4,000 square foot warehouse space for rent in Bakersfield.
      157 Panama Rd, Bakersfield, CA 93307
      View Details
    • Contact for pricing
      110,032 SF

      Union Square Retail Center

      Southeast Bakersfield: New Retail Development
      200 Panama Ln, Bakersfield, CA 93307
      View Details
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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