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

    4000 Rio Del Norte St Bakersfield, CA 93308

    View on Map
    Claim this Listing
    For Lease
    $5,536 /Mo

    COMMERCIAL - Bakersfield, CA

    Type:Office
    Lot size:
    1.00 Acre
    Added:
    Jul 23, 2025
    Days on Market:
    285
    Last Refresh:
    May 3 at 6:06 pm

    Property Features for 4000 Rio Del Norte St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Lot size
    1.00 Acre

    Building Details

    Year built
    1982

    We can help!

    Listing Contact
    Amarjit Bhuee

    Listing agent Amarjit Bhuee

    Listing office Watson Realty 9101 Camino Media, Bakersfield, CA

    Listing date Jul 23, 2025

    MLS# 202508292

    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

    Bakersfield Office Building For Lease

    This is a 5,536 square foot single-story office building situated on approximately 1 acre in North Bakersfield. The property, previously occupied by the North of the River Municipal Water District, is zoned C-O and was constructed in 1982. The well-maintained building features a reception lobby, private offices, large conference rooms, a drive-thru window, a secure storage area, a break room, two restrooms, and a stand-up shower. Partial gated parking with covered stalls is available. The property is suitable for professional users seeking ready-to-occupy office space in a growing area. Tenant improvements are negotiable.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Oliver Oildale Law Firm North of the Rvr Mnpl ... Water Utility Company Oliver Oildale Car ... Law Firm

    Suggested Use

    Real Estate Agency Restaurant Law Firm Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.032996
    Latitude
    35.442078

    Nearby Similar for Lease

    • $2,000/Mo

      Retail Space in City Lofts

      Retail space in a prime downtown location.
      1917 Eye Street, Bakersfield, CA 93301
      View Details
    • $800/Mo

      Office Space in Sports Facility

      Office and barber shop spaces available inside a gymnasium.
      3500 21ST Street, Bakersfield, CA 93301
      View Details
    • $15,956/Mo

      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
    • Contact for pricing

      CA, Bakersfield - 19th St

      1030 19Th St, Unit 1ST, Bakersfield, CA 93301
      View Details
    • $4,800/Mo

      Industrial Property with Large Yard

      Office, warehouse, and yard space for lease in Bakersfield.
      18400 Hwy 65, Bakersfield, CA 93308
      View Details
    • $1,920/Mo

      Retail Space on New Stine

      Retail space available on the corner of New Stine.
      2500 New Stine Rd, Bakersfield, CA 93309
      View Details
    • $3,700,000 SF/Yr

      Former Retail Space Available

      Commercial lease opportunity suitable for retail or restaurant use.
      100 China Grade, Bakersfield, CA 93308
      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
    • $550/Mo

      Bakersfield Office Space For Rent

      Office space for rent including utilities and on-site parking.
      1400 Chester Ave, Bakersfield, CA
      View Details
    • $1.65 SF/Yr

      Retail Space on Rosedale Highway

      Retail space with high visibility on a busy thoroughfare.
      9910 Rosedale Hwy | Bakersfield, CA 93312, CA 93312
      View Details

    FAQs

    What type of property is this?
    Office building - Single-story office building in North Bakersfield with flexible lease terms.
    Where is this office building located?
    The property is located at 4000 Rio Del Norte St Bakersfield, CA.
    What is the lease rate?
    The lease rate is $5,536 /Mo.
    What are key features of this property?
    This property features: 5,536 SF single‑story office building on approx. 1 acre.; Zoned C‑O, suitable for a variety of commercial office uses.; Well‑maintained with reception lobby, private offices, large conference rooms, and break room.
    6613275161x4622
    We can help!
    Listing Contact
    Amarjit Bhuee
    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

    Thank You for Inquiry

    4000 Rio Del Norte St, Bakersfield, CA 93308

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!