Medical Office Near Adventist
For Sale
Contact for pricing
1805 27th St, Bakersfield, CA
Medical office space with excellent accessibility and efficient layout.
Property Size1,326 SF
Lot Size0.09 Acres
Price / SF$285
Days on Market627
Property Features for 1805 27th St
General Information
Standard status
Active
Size
1,326 SF
Lot size
0.09 Acres
Property subtype
OFFICE
Listing Agency:
ASU Commercial
(661) 885-6949
Listed By:
Mark J. Smith, SIOR · License #CA 00632003
(661) 616-3561
Source:
Moodyscre
Added: Feb 18, 2025
Changed: Oct 25
Last Checked: Nov 4 at 3:12PM
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 ASU Commercial
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Investment Insights
Based on property information with market context.
This 1326 square foot property is within walking distance of Adventist Health Hospital and near Dignity Memorial, Mercy Downtown, and Kaiser Permanente, providing excellent patient accessibility. The location offers proximity to key services such as banks, retail centers, restaurants, and government offices. It also provides easy access to Highways 58, 99, and 178, simplifying commutes for patients and staff. Gated on-site parking is available with additional street parking, ensuring ample space for visitors and security for staff. The efficient layout allows for maximum utility of the space. This property is competitively priced to suit both new and established practices.
Key Highlights
- Walking distance to Adventist Health Hospital and near other major medical facilities for excellent patient accessibility.
- Gated on‑site parking with additional street parking, providing ample space and security.
- Easy access to Highways 58, 99, and 178, simplifying commutes.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,662
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,240
$353.2K
Cap Rate 7%
$252,314
$252.3K
Cap Rate 9%
$196,244
$196.2K
Market Conditions
NOI Build-Up for 1,326 SF
Gross rent
$31.8K $24.00/SF
− Vacancy
−$2.4K −$1.80/SF
EGI
$29.4K $22.20/SF
− OpEx
−$11.8K −$8.88/SF
NOI
$17.7K $13.32/SF
Area
Bakersfield, CA
Vacancy
7.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,240
Cap Rate 7%
$252,314
Cap Rate 9%
$196,244
Alternative Uses
Best Use
Healthcare Medical
$252.3K
$220.8K – $294.4K
NOI $17,662 @ 7.0% cap · market cap 4.67%
Second Best
Office B
$250.6K
$219.3K – $292.4K
NOI $17,543 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$351.9K
$307.9K – $410.5K
NOI $24,632 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,199
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Bakersfield Vet Center — 1110 Golden State Ave, Bakersfield, CA 93301
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office space with excellent accessibility and efficient layout.
Where is this medical office space located?
The property is located at 1805 27th St Bakersfield, CA.
What is the asking price?
The asking price for this property is $377,910.
What are key features of this property?
This property features: Walking distance to Adventist Health Hospital and near other major medical facilities for excellent patient accessibility.; Gated on‑site parking with additional street parking, providing ample space and security.; Easy access to Highways 58, 99, and 178, simplifying commutes.
