Downtown Bakersfield Warehouse
For Sale
Contact for pricing
2024 Q St, Bakersfield, CA
Two buildings in revitalizing Eastchester, convenient highway access.
Property Size4,837 SF
Lot Size0.17 Acres
Price / SF$112.67
Days on Market426
Property Features for 2024 Q St
General Information
Standard status
Active
Size
4,837 SF
Lot size
0.17 Acres
Property subtype
INDUSTRIAL
Listing Agency:
ASU Commercial
(661) 616-3564
Listed By:
Phil A. Fontes · License #02103385
Source:
Moodyscre
Added: Jun 4, 2025
Changed: Jul 6
Last Checked: Jul 22 at 4:18AM
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
Investment Insights
Based on property information with market context.
Located in downtown Bakersfield, this property features two legal parcels, each with existing metal frame buildings. The fully fenced lot offers multiple points of ingress and egress. Situated in the heart of the Eastchester revitalization project, the location provides proximity to major banks, restaurants, entertainment venues, hotels, housing, and government buildings. The property benefits from recent improvements along Q Street, including a new traffic signal at the intersection of 21st Street, completed by the City of Bakersfield. It also offers high visibility at a signalized intersection, presenting prominent signage opportunities. The property provides easy access to Highways 58, 99, 178, and the Westside Parkway, facilitating routes to all areas of Kern County. The property size totals 4,837 square feet.
Key Highlights
- Desirable downtown location in the heart of the Eastchester revitalization project
- Two legal parcels with existing metal frame buildings on each
- High visibility at a signalized intersection with prominent signage opportunities
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 | $75.5k | $15.60 |
| − Vacancy | −$4.9k | −$1.01 |
| EGI | $70.6k | $14.59 |
| − OpEx | −$21.2k | −$4.38 |
| NOI | $49.4k | $10.21 |
4,837 SF · lease $15.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$856.7K
$749.6K – $999.5K
NOI $59,970 @ 7.0% cap · market cap 11.00%
Second Best
Industrial
$705.5K
$617.3K – $823.1K
NOI $49,387 @ 7.0% cap · market cap 9.06%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,852 @ 7.0% cap · market cap 16.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
982
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Properties on Market for Warehouses in Kern County
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- US Storage Centers — 111 30th St, Bakersfield, CA 93301
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- Instant Storage Bakersfield — Bakersfield, CA 93311
- Sterling Data Storage — 1201 24th St, Bakersfield, CA 93301
Frequently Asked Questions
What type of property is this?
Warehouse - Two buildings in revitalizing Eastchester, convenient highway access.
Where is this warehouse located?
The property is located at 2024 Q St Bakersfield, CA.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Desirable downtown location in the heart of the Eastchester revitalization project; Two legal parcels with existing metal frame buildings on each; High visibility at a signalized intersection with prominent signage opportunities
