Flex Space with Covered
New
For Sale
Contact for pricing
315 30th St, Bakersfield, CA 93301
Two gated vehicle entrances serve a low-coverage site with substantial office and covered work areas.
Property Size8,413 SF
Price / SF$296.56
Days on Market3
Property Features for 315 30th St
General Information
Standard status
Active
Size
8,413 SF
Property subtype
FLEX_R_AND_D
Listing Agency:
ASU Commercial
(661) 885-6949
Listed By:
Barry G. Hibbard · License #01054317
(661) 616-3590
Source:
Moodyscre
Added: Nov 2
Changed: Nov 3
Last Checked: Nov 3 at 2:44PM
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 flex property combines 8,398± SF of office space with a 15,520± SF covered canopy enclosed on three sides and offering 10' clear height. The office spans two floors, with 7,213± SF on the first level and 1,185± SF on the second. Office furniture, fixtures, and equipment are included, and the site has approximately 6.8% coverage.
The 2.84±-acre parcel has two ingress and egress points, electric gates, and key FOB entry. Utility service includes PG&E electric and gas, California Water Service, and City of Bakersfield sewer. The property is zoned M-1 by the City of Bakersfield and has an existing cell tower lease.
The 2.84±-acre parcel has two ingress and egress points, electric gates, and key FOB entry. Utility service includes PG&E electric and gas, California Water Service, and City of Bakersfield sewer. The property is zoned M-1 by the City of Bakersfield and has an existing cell tower lease.
Key Highlights
- 15,520± SF covered canopy, enclosed on three sides, with 10' clear height
- 8,398± SF of office space across two floors
- 2.84±-acre site with approximately 6.8% coverage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,898
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,717,960
$1.7M
Cap Rate 7%
$1,227,114
$1.2M
Cap Rate 9%
$954,422
$954.4K
Market Conditions
NOI Build-Up for 8,413 SF
Gross rent
$131.2K $15.60/SF
− Vacancy
−$8.5K −$1.01/SF
EGI
$122.7K $14.59/SF
− OpEx
−$36.8K −$4.38/SF
NOI
$85.9K $10.21/SF
Area
Bakersfield, CA
Vacancy
6.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,717,960
Cap Rate 7%
$1,227,114
Cap Rate 9%
$954,422
Alternative Uses
Best Use
Industrial
$1.23M
$1.07M – $1.43M
NOI $85,898 @ 7.0% cap · market cap 3.44%
Second Best
Flex RnD
$1.13M
$991.7K – $1.32M
NOI $79,336 @ 7.0% cap · market cap 3.18%
Theoretical Best
Office A
$2.23M
$1.95M – $2.60M
NOI $156,280 @ 7.0% cap · market cap 6.26%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,462
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 93301, CA
14,518
Population
6,202
Households
2.3
Avg Household Size
33
Median Age
20%
College-Educated
83%
High-School Grad
4.3 sq mi
ZIP Area
3,376
Density / Sq Mi
$40,725
Median Household Income
$36,623
Median Earnings
$1,129
Median Rent
$264,300
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Two gated vehicle entrances serve a low-coverage site with substantial office and covered work areas.
Where is this flex space located?
The property is located at 315 30th St Bakersfield, CA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: 15,520± SF covered canopy, enclosed on three sides, with 10' clear height; 8,398± SF of office space across two floors; 2.84±-acre site with approximately 6.8% coverage
