Flex Space Warehouse with
For Sale
Contact for pricing
1125 Sumner St, Bakersfield, CA 93305
Flex space with air-conditioned office, warehouse swamp cooler, and a fenced-in yard, zoned M-1.
Property Size1,800 SF
Price / SF$163.89
Days on Market445
Property Features for 1125 Sumner St
General Information
Standard status
Active
Size
1,800 SF
Property subtype
INDUSTRIAL
Zoning
M-1
Warehouse & Industrial
Clear Height
10.8 ft
Warehouse Space
1,440 SF
Office Build-Out
360 SF
Power
220 amps
Three-Phase Power
No
Additional Details
Asking Price
$295,000
Fenced Yard
Yes
Building Details
Buildings
1
Building Size
1,800 SF
Listing Agency:
Central Valley Commercial Brokers (CVCB)
(661) 404-4090
Listed By:
Henry E. Mendez, Jr.
Source:
Moodyscre
Added: Jun 30, 2025
Changed: Sep 7
Last Checked: Sep 16 at 4:42PM
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 Central Valley Commercial Brokers (CVCB)
Investment Insights
Based on property information with market context.
Flex space warehouse featuring a total of 1,800 SF, including 360 SF office area and 1,440 SF warehouse space. The office is air-conditioned, and the warehouse includes a swamp cooler. Space is supported by a 220 Amp single phase electrical service.
Height and access include 10’ 10” max height clearance and a max 10’ door clearance. The property also includes a fenced-in yard, providing an enclosed outdoor area for operations or storage.
Zoned M-1, this flex warehouse layout is well suited for mixed light industrial and office needs where on-site office space and warehouse functionality are both important.
Height and access include 10’ 10” max height clearance and a max 10’ door clearance. The property also includes a fenced-in yard, providing an enclosed outdoor area for operations or storage.
Zoned M-1, this flex warehouse layout is well suited for mixed light industrial and office needs where on-site office space and warehouse functionality are both important.
Key Highlights
- Total building size 1,800 SF with 360 SF office and 1,440 SF warehouse
- Zoned M‑1
- Air‑conditioned office plus swamp cooler in warehouse
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,317
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.57%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$446,340
$446.3K
Cap Rate 7%
$318,814
$318.8K
Cap Rate 9%
$247,967
$248.0K
Market Conditions
NOI Build-Up for 1,800 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$28.1K $15.60/SF
− Vacancy
−$1.8K −$1.01/SF
EGI
$26.3K $14.59/SF
− OpEx
−$3.9K −$2.19/SF
NOI
$22.3K $12.40/SF
Area
Bakersfield, CA
Vacancy
6.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$446,340
Cap Rate 7%
$318,814
Cap Rate 9%
$247,967
Alternative Uses
Best Use
Warehouse
$318.8K
$279.0K – $372.0K
NOI $22,317 @ 7.0% cap · market cap 7.57%
Second Best
Industrial
$262.5K
$229.7K – $306.3K
NOI $18,378 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$477.7K
$418.0K – $557.3K
NOI $33,437 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
10 ft
Clear height
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
832
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93305, CA
38,392
Population
11,824
Households
3.2
Avg Household Size
29
Median Age
9%
College-Educated
64%
High-School Grad
5.8 sq mi
ZIP Area
6,619
Density / Sq Mi
$41,290
Median Household Income
$27,936
Median Earnings
$1,065
Median Rent
$245,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space with air-conditioned office, warehouse swamp cooler, and a fenced-in yard, zoned M-1.
Where is this flex space located?
The property is located at 1125 Sumner St Bakersfield, CA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Total building size 1,800 SF with 360 SF office and 1,440 SF warehouse; Zoned M‑1; Air‑conditioned office plus swamp cooler in warehouse
