Medical Office Space with
3130 Union Ave, Bakersfield, CA 93305
For Sale
Contact for pricing
C-2 zoning supports medical, office, and retail uses with onsite and street parking.
Property Size2,141 SF
Price / SF$235.87
Days on Market99
Property Features for 3130 Union Ave
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Road Access
Listing Agency:
ASU Commercial
(661) 885-6949
Listed By:
Jacob Shaw · License CA #02283738
(661) 616-3571
Source:
Moodyscre
Added: Aug 4
Changed: Nov 5
Last Checked: Nov 10 at 9:30AM
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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Investment Insights
Based on property information with market context.
This 2,141-square-foot medical office space is configured for professional use and was previously occupied by a dental practice. The property offers signage exposure along Union Avenue, with both onsite and street parking available.
Zoned C-2 (General Commercial), the site supports a broad range of medical, office, and retail uses. Its location at 3130 Union Ave in Bakersfield places it adjacent to Longfellow Elementary School.
Zoned C-2 (General Commercial), the site supports a broad range of medical, office, and retail uses. Its location at 3130 Union Ave in Bakersfield places it adjacent to Longfellow Elementary School.
Key Highlights
- 2,141 square feet of medical office space
- Previously used as a dental office
- C‑2 (General Commercial) zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,518
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,360
$570.4K
Cap Rate 7%
$407,400
$407.4K
Cap Rate 9%
$316,867
$316.9K
Market Conditions
NOI Build-Up for 2,141 SF
Gross rent
$51.4K $24.00/SF
− Vacancy
−$3.9K −$1.80/SF
EGI
$47.5K $22.20/SF
− OpEx
−$19.0K −$8.88/SF
NOI
$28.5K $13.32/SF
Area
Bakersfield, CA
Vacancy
7.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,360
Cap Rate 7%
$407,400
Cap Rate 9%
$316,867
Alternative Uses
Best Use
Healthcare Medical
$407.4K
$356.5K – $475.3K
NOI $28,518 @ 7.0% cap · market cap 5.65%
Second Best
Office B
$404.6K
$354.1K – $472.1K
NOI $28,325 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$568.2K
$497.1K – $662.9K
NOI $39,771 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,332
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93305, CA
38,392
Population
11,824
Households
3.2
Avg Household Size
29
Median Age
9%
College-Educated
64%
High-School Grad
5.8 sq mi
ZIP Area
6,619
Density / Sq Mi
$41,290
Median Household Income
$27,936
Median Earnings
$1,065
Median Rent
$245,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Medical Office Space in Bakersfield
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Bakersfield Vet Center — 1110 Golden State Ave, Bakersfield, CA 93301
- Rakow Rose M DVM — 17 Monterey St, Bakersfield, CA 93305
- Stiern Veterinary Hospital — 17 Monterey St, Bakersfield, CA 93305
- Seeley Caitlin DVM — 17 Monterey St, Bakersfield, CA 93305
Frequently Asked Questions
What type of property is this?
Medical Office Space - C-2 zoning supports medical, office, and retail uses with onsite and street parking.
Where is this medical office space located?
The property is located at 3130 Union Ave Bakersfield, CA.
What is the asking price?
The asking price for this property is $505,000.
What are key features of this property?
This property features: 2,141 square feet of medical office space; Previously used as a dental office; C‑2 (General Commercial) zoning
