Industrial Flex Space
For Sale
Contact for pricing
2331 Cepheus Ct, Bakersfield, CA 93308
Industrial flex property offered for sale with approximately 9,305 square feet of space.
Property Size9,305 SF
Price / SF$175
Days on Market32
Property Features for 2331 Cepheus Ct
General Information
Standard status
Active
Size
9,305 SF
Property subtype
Industrial
Listing Agency:
ASU Commercial
(661) 885-6949
Listed By:
Wesley Mcdonald · License #CA
Source:
Crexi
Added: Jun 29
Changed: Jul 23
Last Checked: Jul 23 at 6:07AM
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.
Industrial flex space building available for sale. The property offers approximately 9,305 square feet of combined industrial and flex-style space, providing flexibility for a range of operational needs.
Located at 2331 Cepheus Ct in Bakersfield, CA 93308, the property is positioned for local business access within an established commercial area.
This is a straightforward opportunity for buyers seeking a single industrial flex building with a defined footprint and the ability to tailor the space for their use.
Located at 2331 Cepheus Ct in Bakersfield, CA 93308, the property is positioned for local business access within an established commercial area.
This is a straightforward opportunity for buyers seeking a single industrial flex building with a defined footprint and the ability to tailor the space for their use.
Key Highlights
- Industrial flex property for sale with approximately 9,305 sq ft of space
Financial Insights For Office B
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 | $195.4k | $21.00 |
| − Vacancy | −$31.3k | −$3.36 |
| EGI | $164.1k | $17.64 |
| − OpEx | −$41.0k | −$4.41 |
| NOI | $123.1k | $13.23 |
9,305 SF · lease $21.00/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.76M
$1.54M – $2.05M
NOI $123,105 @ 7.0% cap · market cap 7.56%
Second Best
Industrial
$1.36M
$1.19M – $1.58M
NOI $95,006 @ 7.0% cap · market cap 5.83%
Theoretical Best
Office A
$2.47M
$2.16M – $2.88M
NOI $172,850 @ 7.0% cap · market cap 10.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
385
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93308, CA
56,037
Population
21,443
Households
2.6
Avg Household Size
35
Median Age
18%
College-Educated
84%
High-School Grad
344.6 sq mi
ZIP Area
163
Density / Sq Mi
$59,511
Median Household Income
$39,676
Median Earnings
$1,260
Median Rent
$298,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex property offered for sale with approximately 9,305 square feet of space.
Where is this flex space 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: Industrial flex property for sale with approximately 9,305 sq ft of space
