Heavy Industrial Warehouse with
For Sale
$865,000
2831 Gibson St, Bakersfield, CA 93308
Functional warehouse with three ground-level doors and a partially paved, fenced yard on a heavy industrial-zoned site.
Property Size4,576 SF
Lot Size0.51 Acres
Price / SF$189.03
Days on Market170
Property Features for 2831 Gibson St
General Information
Standard status
Active
Size
4,576 SF
Class
C
Lot size
0.51 Acres
Property subtype
Industrial - Flex Space
Zoning
M-3 (Heavy Industrial), County of Kern
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Drive-In Doors
3
Building Details
Building Size
4,576 SF
Stories
1
Construction
concrete block
Listing Agency:
ASU Commercial
Listed By:
Dylan Lym · License #02103385
(661) 862-5454
Source:
Commercialcafe
Added: May 8
Changed: Oct 10
Last Checked: Oct 23 at 3:38AM
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 property includes an approximately 4,576-square-foot industrial warehouse on a 10.51-acre parcel with a fenced, partially paved yard area. The concrete block exterior supports practical warehouse use, and the building offers three (3) ground-level doors for drive-in access, loading, and equipment movement. The site is configured with two points of ingress and egress, supporting truck circulation, fleet parking, outdoor storage, and operational staging.
Zoned M-3 (Heavy Industrial) within the County of Kern, the property is positioned to support a broad range of heavy industrial activities, including oilfield services, manufacturing, fabrication, trucking, equipment rental, and contractor operations. The location is described as part of Northwest Bakersfield’s “Oilpatch” heavy industrial corridor, with immediate access to Highway 99, Highway 58, and Rosedale Highway.
Overall, the combination of warehouse improvements, drive-in door access, and fenced yard space creates an adaptable industrial facility for both owner-users and investors seeking a heavy industrial asset type in a supply-constrained market.
Zoned M-3 (Heavy Industrial) within the County of Kern, the property is positioned to support a broad range of heavy industrial activities, including oilfield services, manufacturing, fabrication, trucking, equipment rental, and contractor operations. The location is described as part of Northwest Bakersfield’s “Oilpatch” heavy industrial corridor, with immediate access to Highway 99, Highway 58, and Rosedale Highway.
Overall, the combination of warehouse improvements, drive-in door access, and fenced yard space creates an adaptable industrial facility for both owner-users and investors seeking a heavy industrial asset type in a supply-constrained market.
Key Highlights
- 1,576 SF industrial warehouse built in 1934 on a 0.51‑acre parcel in Northwest Bakersfield.
- Concrete block exterior with three (3) ground‑level doors for drive‑in access and loading.
- Partially paved, fenced yard with two ingress/egress points for truck circulation, staging, or outdoor storage.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,734
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,134,680
$1.1M
Cap Rate 7%
$810,486
$810.5K
Cap Rate 9%
$630,378
$630.4K
Market Conditions
NOI Build-Up for 4,576 SF
Gross rent
$71.4K $15.60/SF
− Vacancy
−$4.6K −$1.01/SF
EGI
$66.7K $14.59/SF
− OpEx
−$10.0K −$2.19/SF
NOI
$56.7K $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%
$1,134,680
Cap Rate 7%
$810,486
Cap Rate 9%
$630,378
Alternative Uses
Best Use
Warehouse
$810.5K
$709.2K – $945.6K
NOI $56,734 @ 7.0% cap · market cap 6.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.06M – $1.42M
NOI $85,004 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
3
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
756
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- KD Ranch Shop & Storage — 3529 Brian Wy, Bakersfield, CA 93308
- Excel Relocation Systems — 3101 Gilmore Ave, Bakersfield, CA 93308
- Automotive Express & Customs — 4330 Turcon Ave, Bakersfield, CA 93308
- U-Pack — 3307 Gulf St, Bakersfield, CA 93308
Frequently Asked Questions
What type of property is this?
Warehouse - Functional warehouse with three ground-level doors and a partially paved, fenced yard on a heavy industrial-zoned site.
Where is this warehouse located?
The property is located at 2831 Gibson St Bakersfield, CA.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: 1,576 SF industrial warehouse built in 1934 on a 0.51‑acre parcel in Northwest Bakersfield.; Concrete block exterior with three (3) ground‑level doors for drive‑in access and loading.; Partially paved, fenced yard with two ingress/egress points for truck circulation, staging, or outdoor storage.
