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Office/Warehouse Flex Property
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1105 West Columbus Street, Bakersfield, CA 93301

Functional office/warehouse building with renovated office space, secured access, and on-site parking on an M-1 zoned parcel.

Property Size3,200 SF
Lot Size0.17 Acres
Price / SF$155
Days on Market173

Property Features for 1105 West Columbus Street

General Information

Standard status Active
Size 3,200 SF
Lot size 0.17 Acres
Property subtype Industrial
Zoning M1

Building Details

Buildings 1
Listing Agency: Colliers - Bakersfield, California
Listed By: Marco Petrini · License #02167974
Source: Crexi
Added: May 8 Changed: Oct 25 Last Checked: Oct 26 at 1:07PM

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

Rey
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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 office/warehouse flex property offers a practical combination of recently renovated office space and a warehouse component. The office area includes a professional reception area, multiple private offices, a kitchenette, and restroom facilities, supporting both administrative functions and day-to-day operations. The warehouse portion is suited for storage, distribution, or light manufacturing use.

The property is located on a secured site on West Columbus Street in Bakersfield’s central industrial corridor. The parcel is zoned M-1 and includes an automated gate and on-site parking to support controlled access and operational convenience.

The offering includes a functional layout designed for office and warehouse activities within the same building footprint.

Key Highlights

  • +/- 3,200 SF office/warehouse on a +/- 7,405 SF parcel in Bakersfield’s central industrial corridor
  • M‑1 zoning for a wide range of light industrial and service‑oriented uses
  • Recently renovated office with professional reception, multiple private offices, kitchenette, and restroom facilities

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,336
Cap Rate
8.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$846,720 $846.7K
Cap Rate 7%
$604,800 $604.8K
Cap Rate 9%
$470,400 $470.4K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$67.2K $21.00/SF
− Vacancy
−$10.8K −$3.36/SF
EGI
$56.4K $17.64/SF
− OpEx
−$14.1K −$4.41/SF
NOI
$42.3K $13.23/SF
Area
Bakersfield, CA
Vacancy
16.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$846,720
Cap Rate 7%
$604,800
Cap Rate 9%
$470,400

Alternative Uses

Best Use
Office B
$604.8K
$529.2K – $705.6K (±1% cap)
NOI $42,336 @ 7.0% cap · market cap 8.54%
Second Best
Warehouse
$566.8K
$495.9K – $661.2K (±1% cap)
NOI $39,674 @ 7.0% cap · market cap 8.00%
Theoretical Best
Office A
$849.2K
$743.0K – $990.7K (±1% cap)
NOI $59,443 @ 7.0% cap · market cap 11.98%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Pegboard Marketing & Advertising

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Bakery Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,219
Businesses Nearby
Under-served
Demand for This Use

Demographics for 93301, CA

14,518
Population
6,202
Households
2.3
Avg Household Size
33
Median Age
20%
College-Educated
83%
High-School Grad
4.3 sq mi
ZIP Area
3,376
Density / Sq Mi
$40,725
Median Household Income
$36,623
Median Earnings
$1,129
Median Rent
$264,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Similar Off Market Nearby

  • For Stars Catering — Bakersfield, CA 93301
  • Los Brothers Kitchen — Inside Skyway Gas Station, 4199 Union Ave, Bakersfield, CA 93305

Frequently Asked Questions

What type of property is this?
Flex space - Functional office/warehouse building with renovated office space, secured access, and on-site parking on an M-1 zoned parcel.
Where is this flex space located?
The property is located at 1105 West Columbus Street Bakersfield, CA.
What is the asking price?
The asking price for this property is $496,000.
What are key features of this property?
This property features: +/- 3,200 SF office/warehouse on a +/- 7,405 SF parcel in Bakersfield’s central industrial corridor; M‑1 zoning for a wide range of light industrial and service‑oriented uses; Recently renovated office with professional reception, multiple private offices, kitchenette, and restroom facilities
(661) 631-3826 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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