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    Industrial Warehouse in Bakersfield Airport Title is generated by Realmo AI

    2331 Cepheus Ct, Bakersfield, CA

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    9,305 SF warehouse with easy highway access and fenced yard.

    Type:INDUSTRIAL
    Property size:
    9,305 SF
    Lot size:
    0.97 Acres
    Price / SF:
    $175/SF
    Added:
    Sep 16, 2025
    Days on Market:
    269
    Last Refresh:
    May 20 at 9:21 pm

    Property Features for 2331 Cepheus Ct

    General Information

    Standard status
    Active
    Size
    9,305 SF
    Lot size
    0.97 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Wesley M. McDonald

    Listing agent Wesley M. McDonald

    Listing office ASU Commercial

    Listing date Sep 16, 2025

    Source Moodyscre

    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

    HighLights

    • 9,305 SF on 0.96 Acres
    • Zoned M‑2 PD (Medium Industrial) County of Kern
    • Located in the Bakersfield Airport Business Center
    • Easy Access to northbound & southbound Hwy 99
    • Fully Paved Yard
    • Fenced Yard Area

    Overview

    This 9,305 square foot industrial property is situated on 0.96 acres within the Bakersfield Airport Business Center. The property is zoned M-2 PD (Medium Industrial) by the County of Kern. It features a fully paved and fenced yard area. The location provides convenient access to both northbound and southbound Highway 99.

    Local Financial Insights For Warehouse

    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 $145.2k $15.60
    − Vacancy −$9.4k −$1.01
    EGI $135.7k $14.59
    − OpEx −$20.4k −$2.19
    NOI $115.4k $12.40
    9,305 SF · lease $15.60/SF/yr · vacancy 6.50% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $1.65M
    $1.44M – $1.92M (±1% cap)
    NOI $115,364 @ 7.0% cap · market cap 7.08%
    Second Best
    Industrial
    $1.36M
    $1.19M – $1.58M (±1% cap)
    NOI $95,006 @ 7.0% cap · market cap 5.83%
    Theoretical Best
    Office A
    $2.47M
    $2.16M – $2.88M (±1% cap)
    NOI $172,850 @ 7.0% cap · market cap 10.61%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ramsgate Engineering Inc Engineering Consultant Fastenal Fulfillment Center ... Industrial Manufacturer ProGauge Technologies, Inc. Industrial Manufacturer

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Auto Repair Shop Big Box & Wholesale Store Nail Salon Pharmacy Hotel & Motel Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • GoldenWest Storage — 7216 Golden State Hwy, Bakersfield, CA 93308
    • Tuff Shed — 2917 Unicorn Rd, Bakersfield, CA 93308
    • US Storage Centers — 3023 Unicorn Rd, Bakersfield, CA 93308

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.071
    Latitude
    35.4357

    FAQs

    What type of property is this?
    Warehouse - 9,305 SF warehouse with easy highway access and fenced yard.
    Where is this warehouse located?
    The property is located at 2331 Cepheus Ct Bakersfield, CA.
    What is the asking price?
    The asking price for this property is $1,628,375.
    What are key features of this property?
    This property features: 9,305 SF on 0.96 Acres; Zoned M‑2 PD (Medium Industrial) County of Kern; Located in the Bakersfield Airport Business Center
    (661) 885-6949 Call to check price and availability
    More about this property
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