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Renovated Office Building
For Sale
$435,000

3917 Stockdale Hwy, Bakersfield, CA 93309

Commercial office property with gated access, on-site parking, and rear storage space.

Property Size1,388 SF
Price / SF$313.40
Days on Market701

Property Features for 3917 Stockdale Hwy

General Information

Standard status Active
Size 1,388 SF

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Buildings 1
Listing Agency: Agentcor-Big Block Realty
Listed By: Evelyn Martinez · License #01898624
Source: Exprealty
Added: Nov 14, 2024 Changed: Oct 12 Last Checked: Oct 15 at 3:57AM

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 Agentcor-Big Block Realty

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Investment Insights

Based on property information with market context.

This renovated office property occupies a former home configured for commercial use. Improvements include new plumbing, a replacement water tank, a new front door, air-conditioning, and a fully updated bathroom. A block fence encloses the property, and a private gate provides controlled entry. The layout may accommodate law, tax, salon, and other office-oriented businesses.

Located on Stockdale Highway in west Bakersfield, the property is described as close to the freeway. On-site parking is provided through a private lot, while a rear storage room with its own entrance adds practical support space. The building contains 1388 square feet, according to the assessor’s office.

Key Highlights

  • 1388 square feet per the assessor’s office
  • Renovated office property with new plumbing and a new water tank
  • Updated bathroom, front door, and air‑conditioning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,363
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$367,260 $367.3K
Cap Rate 7%
$262,329 $262.3K
Cap Rate 9%
$204,033 $204.0K
Market Conditions
NOI Build-Up for 1,388 SF
Gross rent
$29.1K $21.00/SF
− Vacancy
−$4.7K −$3.36/SF
EGI
$24.5K $17.64/SF
− OpEx
−$6.1K −$4.41/SF
NOI
$18.4K $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%
$367,260
Cap Rate 7%
$262,329
Cap Rate 9%
$204,033

Alternative Uses

Best Use
Office B
$262.3K
$229.5K – $306.1K (±1% cap)
NOI $18,363 @ 7.0% cap · market cap 4.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$368.3K
$322.3K – $429.7K (±1% cap)
NOI $25,783 @ 7.0% cap · market cap 5.93%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Storage Facility Electrical Service Gym & Fitness Center (Bike/Boat/Book/etc) Store

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,834
Businesses Nearby

Demographics for 93309, CA

61,079
Population
23,546
Households
2.6
Avg Household Size
33
Median Age
20%
College-Educated
83%
High-School Grad
10.5 sq mi
ZIP Area
5,817
Density / Sq Mi
$62,143
Median Household Income
$36,281
Median Earnings
$1,268
Median Rent
$286,600
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

Frequently Asked Questions

What type of property is this?
Office building - Commercial office property with gated access, on-site parking, and rear storage space.
Where is this office building located?
The property is located at 3917 Stockdale Hwy Bakersfield, CA.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 1388 square feet per the assessor’s office; Renovated office property with new plumbing and a new water tank; Updated bathroom, front door, and air‑conditioning
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