Medical Office
For Sale
Contact for pricing
3015 Calloway Drive Suite 14, Bakersfield, CA 93312
Dental suite within a mixed-use development surrounded by medical, professional office, and retail users.
Property Size1,490 SF
Price / SF$479.87
Days on Market51
Property Features for 3015 Calloway Drive Suite 14
General Information
Standard status
Active
Size
1,490 SF
Class
B
Total Parking Spaces
202
Property subtype
Office
Zoning
C-2, City of Bakersfield
Investment Type
Owner/User
Building Details
Year Built
2008
Units
1
Listing Agency:
ASU Commercial
Listed By:
Martin Starr · License #CA 01179469
(661) 616-3567
Source:
Crexi
Added: Aug 28
Changed: Oct 5
Last Checked: Oct 16 at 6:01AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This professional medical office suite is configured for dental use and is located within The Grove at Riverlakes, a mixed-use office and medical development. The property carries C-2 zoning under the City of Bakersfield and was built in 2008.
The suite is positioned at 3015 Calloway Drive, Suite 14, in Bakersfield, California. The surrounding development includes medical practices, professional offices, and retail businesses, creating an established commercial setting for office and healthcare operations. Its location within a professionally oriented project provides access to nearby business and retail amenities.
The suite is positioned at 3015 Calloway Drive, Suite 14, in Bakersfield, California. The surrounding development includes medical practices, professional offices, and retail businesses, creating an established commercial setting for office and healthcare operations. Its location within a professionally oriented project provides access to nearby business and retail amenities.
Key Highlights
- Medical office suite configured for dental use
- C‑2 zoning under the City of Bakersfield
- Built in 2008
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,759
Cap Rate
2.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$415,180
$415.2K
Cap Rate 7%
$296,557
$296.6K
Cap Rate 9%
$230,656
$230.7K
Market Conditions
NOI Build-Up for 1,490 SF
Gross rent
$32.2K $21.60/SF
− Vacancy
−$4.5K −$3.02/SF
EGI
$27.7K $18.58/SF
− OpEx
−$6.9K −$4.64/SF
NOI
$20.8K $13.93/SF
Area
ZIP 93312
Vacancy
14.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$415,180
Cap Rate 7%
$296,557
Cap Rate 9%
$230,656
Alternative Uses
Best Use
Office B
$296.6K
$259.5K – $346.0K
NOI $20,759 @ 7.0% cap · market cap 2.90%
Second Best
Healthcare Medical
$288.1K
$252.1K – $336.2K
NOI $20,169 @ 7.0% cap · market cap 2.82%
Theoretical Best
Office A
$386.6K
$338.3K – $451.1K
NOI $27,063 @ 7.0% cap · market cap 3.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
734
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93312, CA
58,714
Population
19,089
Households
3.1
Avg Household Size
36
Median Age
34%
College-Educated
94%
High-School Grad
14.2 sq mi
ZIP Area
4,135
Density / Sq Mi
$112,654
Median Household Income
$56,041
Median Earnings
$1,958
Median Rent
$420,500
Median Home Value
Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
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- Bakersfield Pet Vet Hospital — 9339 Rosedale Hwy # H, Bakersfield, CA 93312
- Abh Low Cost Spay Neuter/Vcc — 9339 Rosedale Hwy # H, Bakersfield, CA 93312
Frequently Asked Questions
What type of property is this?
Medical Office Space - Dental suite within a mixed-use development surrounded by medical, professional office, and retail users.
Where is this medical office space located?
The property is located at 3015 Calloway Drive Suite 14 Bakersfield, CA.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: Medical office suite configured for dental use; C‑2 zoning under the City of Bakersfield; Built in 2008
