Flex Space with Fenced
915 E 21st Bakersfield, CA 93305
915 E 21st, Bakersfield, CA, 93305
$456,000
For Sale
$456,000
Includes reception, bathroom, storage cabinets, and a secure fenced yard with entry from 21st Street and an alley.
Property Size3,000 SF
Price / SF$152
Days on Market488
Property Features for 915 E 21st
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1976
Listing agency
Lisa Tucker Hood, Broker
(661) 201-3879
Listed by
Lisa Tucker Hood · License #01890417
(661) 201-3879
Source
Xome
Added: Mar 23, 2025 Updated: Jul 21 at 3:52AM Checked: Jul 22 at 3:43AM
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 Lisa Tucker Hood, Broker
Investment Insights
Based on property information with market context.
This flex/industrial commercial property offers a functional interior layout designed for everyday operations. The space includes a reception area, a bathroom, and ample storage cabinets, along with a secure fenced yard to support on-site work needs. The property is presented as a versatile offering, with the flexibility to lease or purchase.
Access is available via the 21st Street entrance, with an additional point of entry through an adjacent alley. The property is located at 915 E 21st St in Bakersfield.
Access is available via the 21st Street entrance, with an additional point of entry through an adjacent alley. The property is located at 915 E 21st St in Bakersfield.
Key Highlights
- 4,100 SF commercial property at 915 E 21st St, Bakersfield
- Available for lease at $2,750 per month; purchase price listed at $456,000
- Reception area plus bathroom and storage cabinets for day‑to‑day operations
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.8k | $15.60 |
| − Vacancy | −$3.0k | −$1.01 |
| EGI | $43.8k | $14.59 |
| − OpEx | −$13.1k | −$4.38 |
| NOI | $30.6k | $10.21 |
3,000 SF · lease $15.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Industrial
$437.6K
$382.9K – $510.5K
NOI $30,631 @ 7.0% cap · market cap 6.72%
Second Best
Flex RnD
$404.2K
$353.6K – $471.5K
NOI $28,291 @ 7.0% cap · market cap 6.20%
Theoretical Best
Office A
$796.1K
$696.6K – $928.8K
NOI $55,728 @ 7.0% cap · market cap 12.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Includes reception, bathroom, storage cabinets, and a secure fenced yard with entry from 21st Street and an alley.
Where is this flex space located?
The property is located at 915 E 21st Bakersfield, CA.
What is the asking price?
The asking price for this property is $456,000.
What are key features of this property?
This property features: 4,100 SF commercial property at 915 E 21st St, Bakersfield; Available for lease at $2,750 per month; purchase price listed at $456,000; Reception area plus bathroom and storage cabinets for day‑to‑day operations
