Convenience Store with Adjacent
1134 Niles, Bakersfield, CA 93305
For Sale
$429,000
Commercial Sale, Bakersfield, CA
Property Size1,188 SF
Price / SF$361.11
Days on Market115
Property Features for 1134 Niles
General Information
Property type
Property subtype
Zoning
Directions
Subdivision
Standard status
APN
Additional Details
Tenant in Place
Building Details
Year built
Listing Agency:
eXp Realty of Greater Los Angeles, Inc.
(888) 652-1314
Listed By:
Ani Gumuryan · License CA #01972043
(818) 268-7061
Added: Jul 18
Changed: Nov 2
Last Checked: Nov 9 at 10:06PM
MLS# IG26178682
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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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.
The property combines an approximately 1,188-square-foot retail building at 1134 Niles St with the adjacent vacant commercial parcel at 1312 Robinson St. A convenience store tenant currently occupies the building, which was built in 1946.
Both parcels are included in the sale and carry C-1 zoning. The vacant parcel adds commercial land alongside the existing retail space.
Both parcels are included in the sale and carry C-1 zoning. The vacant parcel adds commercial land alongside the existing retail space.
Key Highlights
- Approximately 1,188 SF retail building
- Occupied by a convenience store tenant
- Adjacent vacant commercial parcel included in the sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,189
Cap Rate
2.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$243,780
$243.8K
Cap Rate 7%
$174,129
$174.1K
Cap Rate 9%
$135,433
$135.4K
Market Conditions
NOI Build-Up for 1,188 SF
Gross rent
$17.1K $14.40/SF
− Vacancy
−$855 −$0.72/SF
EGI
$16.3K $13.68/SF
− OpEx
−$4.1K −$3.42/SF
NOI
$12.2K $10.26/SF
Area
Bakersfield, CA
Vacancy
5.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$243,780
Cap Rate 7%
$174,129
Cap Rate 9%
$135,433
Alternative Uses
Best Use
Specialty Retail
$174.1K
$152.4K – $203.2K
NOI $12,189 @ 7.0% cap · market cap 2.84%
Second Best
Retail
$162.5K
$142.2K – $189.6K
NOI $11,376 @ 7.0% cap · market cap 2.65%
Theoretical Best
Office A
$315.3K
$275.9K – $367.8K
NOI $22,068 @ 7.0% cap · market cap 5.14%
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
Location Intelligence
Trade Area within ½ mile
624
Businesses Nearby
39k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Bank of America
Shops & Services
11,050 visits/mo
0.4 miles
Dollar General
Shops & Services
9,287 visits/mo
0.4 miles
ARCO
Shops & Services
6,737 visits/mo
0.3 miles
AMPM
Shops & Services
4,700 visits/mo
0.3 miles
76
Shops & Services
4,619 visits/mo
0.3 miles
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in Bakersfield, CA
Similar Off Market Nearby
- Alhuwda Market — 600 Kentucky St, Bakersfield, CA 93305
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - The offering pairs an occupied convenience store building with a neighboring vacant commercial parcel.
Where is this grocery and convenience store located?
The property is located at 1134 Niles Bakersfield, CA.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Approximately 1,188 SF retail building; Occupied by a convenience store tenant; Adjacent vacant commercial parcel included in the sale
