Office-Warehouse Flex
For Sale
Contact for pricing
1061 South Derby Street, Arvin, CA 93203
A combined office and warehouse property on an approximately one-acre site.
Property Size5,000 SF
Lot Size1.08 Acres
Price / SF$159
Days on Market62
Property Features for 1061 South Derby Street
General Information
Standard status
Active
Size
5,000 SF
Lot size
1.08 Acres
Property subtype
Industrial
Zoning
M-2
Building Details
Buildings
1
Building Size
5,000 SF
Listing Agency:
Colliers - Bakersfield, California
Listed By:
Marco Petrini · License #02167974
(661) 631-3826
Source:
Crexi
Added: Aug 25
Changed: Oct 23
Last Checked: Oct 24 at 4:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Bakersfield, California
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex space property combines office and warehouse functions within a 5,000-square-foot facility. The improvements occupy approximately 1.08 acres and are suited to commercial operations requiring both administrative and storage or work areas.
The property is located at 1061 S Derby St in Arvin, California, providing a defined commercial address for an office-warehouse use.
The property is located at 1061 S Derby St in Arvin, California, providing a defined commercial address for an office-warehouse use.
Key Highlights
- 5,000‑square‑foot office and warehouse facility
- Approximately 1.08‑acre commercial site
- Located at 1061 S Derby St, Arvin, CA 93203
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,575
Cap Rate
7.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,231,500
$1.2M
Cap Rate 7%
$879,643
$879.6K
Cap Rate 9%
$684,167
$684.2K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$92.4K $18.48/SF
− Vacancy
−$4.4K −$0.89/SF
EGI
$88.0K $17.59/SF
− OpEx
−$26.4K −$5.28/SF
NOI
$61.6K $12.32/SF
Area
Kern County, CA
Vacancy
4.80%
Lease Rate
$18.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,231,500
Cap Rate 7%
$879,643
Cap Rate 9%
$684,167
Alternative Uses
Best Use
Warehouse
$1.07M
$934.6K – $1.25M
NOI $74,770 @ 7.0% cap · market cap 9.41%
Second Best
Industrial
$879.6K
$769.7K – $1.03M
NOI $61,575 @ 7.0% cap · market cap 7.75%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 93203, CA
20,777
Population
5,005
Households
4.2
Avg Household Size
27
Median Age
4%
College-Educated
45%
High-School Grad
172.0 sq mi
ZIP Area
121
Density / Sq Mi
$49,918
Median Household Income
$28,103
Median Earnings
$1,086
Median Rent
$247,800
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Flex space - A combined office and warehouse property on an approximately one-acre site.
Where is this flex space located?
The property is located at 1061 South Derby Street Arvin, CA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 5,000‑square‑foot office and warehouse facility; Approximately 1.08‑acre commercial site; Located at 1061 S Derby St, Arvin, CA 93203
