Industrial Warehouse in Bakersfield
For Sale
Contact for pricing
2331 Cepheus Ct, Bakersfield, CA
9,305 SF warehouse with easy highway access and fenced yard.
Property Size9,305 SF
Lot Size0.97 Acres
Price / SF$175
Days on Market413
Property Features for 2331 Cepheus Ct
General Information
Standard status
Active
Size
9,305 SF
Lot size
0.97 Acres
Property subtype
INDUSTRIAL
Listing Agency:
ASU Commercial
(661) 885-6949
Listed By:
Wesley M. McDonald
(661) 885-6950
Source:
Moodyscre
Added: Sep 16, 2025
Changed: Oct 25
Last Checked: Nov 1 at 8:30AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 9,305 SF on 0.96 Acres
- Zoned M‑2 PD (Medium Industrial) County of Kern
- Located in the Bakersfield Airport Business Center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$115,364
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,307,280
$2.3M
Cap Rate 7%
$1,648,057
$1.6M
Cap Rate 9%
$1,281,822
$1.3M
Market Conditions
NOI Build-Up for 9,305 SF
Gross rent
$145.2K $15.60/SF
− Vacancy
−$9.4K −$1.01/SF
EGI
$135.7K $14.59/SF
− OpEx
−$20.4K −$2.19/SF
NOI
$115.4K $12.40/SF
Area
Bakersfield, CA
Vacancy
6.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,307,280
Cap Rate 7%
$1,648,057
Cap Rate 9%
$1,281,822
Alternative Uses
Best Use
Warehouse
$1.65M
$1.44M – $1.92M
NOI $115,364 @ 7.0% cap · market cap 7.08%
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.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
385
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market 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
Frequently Asked Questions
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
