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Multi-Tenant Flex Space
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3801 Pegasus Dr, Bakersfield, CA 93308

Two-building industrial property with M-2 PD H zoning and a mix of occupied and vacant space.

Property Size57,439 SF
Days on Market142

Property Features for 3801 Pegasus Dr

General Information

Standard status Active
Size 57,439 SF
Property subtype Industrial
Zoning M-2 PD H

Additional Details

Office Units 4

Building Details

Buildings 2
Tenancy Multi
Listing Agency: ASU Commercial
Listed By: Matthew Starr, SIOR, CCIM · License #CA 01367855
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 4:07AM

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 flex-space offering comprises two buildings totaling 57,439 square feet at 3801 Pegasus Drive and 3501 Unicorn Road. The primary building includes three occupied west-side suites and 29,005 square feet of vacant area. The separate 3501 Unicorn Road building contains 9,730 square feet and is occupied by Road Machinery, LLC. Existing occupants also include US Claims Services, Inc., and United Well Services California, Inc.

The properties carry M-2 PD H zoning in Kern County. The designation supports general manufacturing, processing, assembly, office, medical, retail, service, and warehousing activities, subject to applicable review. The PD combining district requires county approval of a precise development plan before construction or a change of use, while the H combining district reflects the properties’ proximity to the airport.

Key Highlights

  • Two buildings totaling 57,439 square feet
  • 29,005 square feet of vacant space in the primary building
  • Separate 3501 Unicorn Road building contains 9,730 square feet

Property Analytics

Current Use

New Concepts Development General Contractor Payne Richards & Associates Law Firm US Claims Services Insurance Agency MYMONEYMONITOR Consultant Washington Dumpster Rental Waste Management Facility

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Pharmacy Veterinary Clinic Home Appliance Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

380
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Two-building industrial property with M-2 PD H zoning and a mix of occupied and vacant space.
Where is this flex space located?
The property is located at 3801 Pegasus Dr Bakersfield, CA.
What are key features of this property?
This property features: Two buildings totaling 57,439 square feet; 29,005 square feet of vacant space in the primary building; Separate 3501 Unicorn Road building contains 9,730 square feet
(661) 885-6949 Call to check price and availability
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