Versatile Industrial Property in
For Sale
$699,000
2810 Patton Way, Bakersfield, CA 93308
Industrial property with flexible buildings and a spacious shop.
Property Size2,600 SF
Price / SF$268.85
Days on Market542
Property Features for 2810 Patton Way
General Information
Standard status
Active
Size
2,600 SF
Listing Agency:
OPEN DOOR REAL ESTATE
Listed By:
MIGUEL HERNANDEZ
Source:
Corcoran
Added: Apr 22, 2025
Changed: Mar 16
Last Checked: Oct 14 at 10:53PM
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 OPEN DOOR REAL ESTATE
Investment Insights
Based on property information with market context.
This industrial property, located on the northwest side of Bakersfield, features two approximately 1,300 square foot buildings suitable for conversion into modern offices or living spaces. The property also includes a 4,400 square foot shop equipped with roll-up doors, ideal for industrial, manufacturing, or storage activities. The shop provides ample space for various business operations, making it a suitable location for entrepreneurs and businesses seeking a robust workspace. The property size is 2,600 square feet.
Key Highlights
- Large 4,400 sq ft shop with roll‑up doors ideal for industrial, manufacturing, or storage.
- Two versatile ~1,300 sq ft buildings adaptable for office or living spaces.
- Located on the northwest side of Bakersfield.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,235
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$644,700
$644.7K
Cap Rate 7%
$460,500
$460.5K
Cap Rate 9%
$358,167
$358.2K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$40.6K $15.60/SF
− Vacancy
−$2.6K −$1.01/SF
EGI
$37.9K $14.59/SF
− OpEx
−$5.7K −$2.19/SF
NOI
$32.2K $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 Rate 5%
$644,700
Cap Rate 7%
$460,500
Cap Rate 9%
$358,167
Alternative Uses
Best Use
Warehouse
$460.5K
$402.9K – $537.3K
NOI $32,235 @ 7.0% cap · market cap 4.61%
Second Best
Industrial
$379.2K
$331.8K – $442.5K
NOI $26,547 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$690.0K
$603.7K – $805.0K
NOI $48,298 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
550
Businesses Nearby
Explore this area
Business Placement
Demographics for 93308, CA
56,037
Population
21,443
Households
2.6
Avg Household Size
35
Median Age
18%
College-Educated
84%
High-School Grad
344.6 sq mi
ZIP Area
163
Density / Sq Mi
$59,511
Median Household Income
$39,676
Median Earnings
$1,260
Median Rent
$298,000
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?
Manufacturing property - Industrial property with flexible buildings and a spacious shop.
Where is this manufacturing property located?
The property is located at 2810 Patton Way Bakersfield, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Large 4,400 sq ft shop with roll‑up doors ideal for industrial, manufacturing, or storage.; Two versatile ~1,300 sq ft buildings adaptable for office or living spaces.; Located on the northwest side of Bakersfield.
