Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3550 Q Street unit 301 Bakersfield, CA 93301

    View on Map
    For Lease
    $3,000 /Mo

    COMMERCIAL - Bakersfield, CA

    Type:Office
    Property size:
    2,123 SF
    Lot size:
    2.24 Acres
    Added:
    Feb 23, 2024
    Days on Market:
    769
    Last Refresh:
    Apr 2 at 4:06 am

    Property Features for 3550 Q Street unit 301

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    APN
    00000350
    Size
    2,123 SF
    Lot size
    2.24 Acres

    Building Details

    Year built
    1983

    We can help!

    Listing Contact
    William Gordon

    Listing agent William Gordon License #01223840

    Listing office Watson Realty 9101 Camino Media, Bakersfield, CA

    Listing date Feb 23, 2024

    MLS# 202401250

    Copyright © 2026 Bakersfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Office Suites For Lease

    Two medical office condo suites are available for lease in a 35,000 square foot office building. The building is situated near Memorial Hospital and offers ample parking. Located at the corner of Q Street and 36th Street, the property features monument signage. The suites, identified as Unit 301 and 302, have been renovated and include tenant improvements suitable for a medical practice. These suites are located on the 3rd floor, close to elevator access. Each suite is separately metered for utilities. The property is located in Bakersfield, CA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    LabCorp Medical Laboratory Lags Medical Centers Physician Dr. Robert A. Shankerman, ... Physician Dr. Shweta Agarwal, ... Physician Shah Amit MD Physician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Stiern Veterinary Hospital — 17 Monterey St, Bakersfield, CA 93305
    • Bakersfield Vet Center — 1110 Golden State Ave, Bakersfield, CA 93301
    • Seeley Caitlin DVM — 17 Monterey St, Bakersfield, CA 93305
    • Rakow Rose M DVM — 17 Monterey St, Bakersfield, CA 93305

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.0101362
    Latitude
    35.3922169

    Nearby Similar for Lease

    • Contact for pricing

      Office Space in Sports Facility

      Office and barber shop spaces available inside a gymnasium.
      3500 21ST Street, Bakersfield, CA 93301
      View Details
    • Contact for pricing

      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
    • Contact for pricing

      Bakersfield Industrial Space For Rent

      12,757 SF industrial space in a vibrant industrial zone.
      6379 7 seas, Bakersfield, CA 93308
      View Details
    • Contact for pricing

      4900 California Avenue

      4900 California Ave Tower B, Unit 2ND, Bakersfield, CA 93309
      View Details
    • Sponsored
      Contact for pricing

      CA, Bakersfield - Truxtun Ave.

      5701 Truxtun Ave, Unit 2ND, Bakersfield, CA 93309
      View Details
    • Sponsored
      Contact for pricing

      CA, Bakersfield - 19th St

      1030 19Th St, Unit 1ST, Bakersfield, CA 93301
      View Details
    • Contact for pricing

      Industrial Property with Large Yard

      Office, warehouse, and yard space for lease in Bakersfield.
      18400 Hwy 65, Bakersfield, CA 93308
      View Details
    • Contact for pricing

      Bakersfield Office Space For Rent

      Office space for rent including utilities and on-site parking.
      1400 Chester Ave, Bakersfield, CA
      View Details
    • Contact for pricing

      Freestanding Restaurant Building with Drive-Thru

      3,275 SF restaurant building with drive-thru on 0.73 acres.
      2617 Haley St, Bakersfield, CA 93305
      View Details
    • $1.65/mo

      Retail Space on Rosedale Highway

      Retail space with high visibility on a busy thoroughfare.
      9910 Rosedale Hwy | Bakersfield, CA 93312, CA 93312
      View Details
    • $3,700,000/mo

      Former Rite Aid Retail Space

      Commercial lease opportunity, previously a Rite Aid, suitable for retail.
      100 China Grade, Bakersfield, CA 93308
      View Details
    • Contact for pricing

      Executive Office Space For Rent

      972 SF executive office space available for lease.
      2315 Q St, Bakersfield, CA
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Renovated medical office suites available for lease near Memorial Hospital.
    Where is this medical office space located?
    The property is located at 3550 Q Street unit 301 Bakersfield, CA.
    What is the lease rate?
    The lease rate is $3,000 /Mo.
    What are key features of this property?
    This property features: Two renovated medical office condo suites with top‑notch tenant improvements.; Located near Memorial Hospital.; Located in a 35,000 SF office building with plenty of parking.
    (661) 431-5534
    We can help!
    Listing Contact
    William Gordon
    Real Estate License ID: 01223840
    Learn More
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!