Heavy Industrial Warehouse with
2831 Gibson Street Bakersfield, CA 93308
2831 Gibson Street, Bakersfield, CA, 93308
Contact for pricing
For Sale
Contact for pricing
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 Market78
Property Features for 2831 Gibson Street
General Information
- Standard status
- Active
- Size
- 4,576 SF
- Lot size
- 0.51 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1934
Listing agency
ASU Commercial
(661) 885-6949
Listed by
Dylan Lym · License #CA 02103385
Source
Crexi
Added: May 7 Updated: Jul 22 at 6:39AM Checked: Jul 22 at 6:39AM
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.
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.
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 | $71.4k | $15.60 |
| − Vacancy | −$4.6k | −$1.01 |
| EGI | $66.7k | $14.59 |
| − OpEx | −$10.0k | −$2.19 |
| NOI | $56.7k | $12.40 |
4,576 SF · lease $15.60/SF/yr · vacancy 6.50% · expense 15.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
1st Light Energy
Solar Energy Equipment Supplier
Similar For Sale Nearby
Similar Off Market Nearby
- Automotive Express & Customs — 4330 Turcon Ave, Bakersfield, CA 93308
- U-Pack — 3307 Gulf St, Bakersfield, CA 93308
- KD Ranch Shop & Storage — 3529 Brian Wy, Bakersfield, CA 93308
- Excel Relocation Systems — 3101 Gilmore Ave, Bakersfield, CA 93308
FAQs
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 Street 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.
