Heavy Industrial Warehouse with
5455 District Blvd Bakersfield, CA 93313
5455 District Blvd, Bakersfield, CA, 93313
Contact for pricing
For Sale
Contact for pricing
Heavy industrial facility totaling 26,333 SF, including warehouse and office space, on 7.57 acres with ongoing renovations.
Property Size26,333 SF
Lot Size7.57 Acres
Price / SF$189.88
Days on Market63
Property Features for 5455 District Blvd
General Information
- Standard status
- Active
- Size
- 26,333 SF
- Lot size
- 7.57 Acres
- Property subtype
- INDUSTRIAL
Listing agency
Lee & Associates | Bakersfield
(661) 205-8011
Listed by
Chad Brock · License #00977873
(661) 205-8011
Source
Moodyscre
Added: May 21 Updated: Jul 22 at 5:46AM Checked: Jul 22 at 5:46AM
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 Lee & Associates | Bakersfield
Investment Insights
Based on property information with market context.
This for-sale heavy industrial property totals approximately 26,333 SF, including a primary building of about 20,933 SF plus a secondary warehouse of about 5,400 SF. The site also includes approximately 2,500 SF of office space. The property sits on a 7.57-acre lot and is zoned M-2 (Heavy Industrial).
The building was constructed in 1973, and renovations are currently ongoing, which may allow for future modernization and tenant-ready updates as work progresses.
The current configuration combines warehouse areas with dedicated office space within an M-2 industrial setting, positioned for manufacturing, warehouse, and other heavy industrial uses consistent with the zoning classification.
The building was constructed in 1973, and renovations are currently ongoing, which may allow for future modernization and tenant-ready updates as work progresses.
The current configuration combines warehouse areas with dedicated office space within an M-2 industrial setting, positioned for manufacturing, warehouse, and other heavy industrial uses consistent with the zoning classification.
Key Highlights
- Heavy industrial facility totaling 26,333 SF
- Includes primary building of 20,933 SF plus 1,400 SF secondary warehouse space
- On‑site office space totals 2,500 SF
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 | $483.5k | $18.36 |
| − Vacancy | −$31.4k | −$1.19 |
| EGI | $452.0k | $17.17 |
| − OpEx | −$67.8k | −$2.57 |
| NOI | $384.2k | $14.59 |
26,333 SF · lease $18.36/SF/yr · vacancy 6.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$5.49M
$4.80M – $6.40M
NOI $384,241 @ 7.0% cap · market cap 7.68%
Second Best
Office B
$5.33M
$4.66M – $6.22M
NOI $372,986 @ 7.0% cap · market cap 7.46%
Theoretical Best
Office A
$6.74M
$5.90M – $7.86M
NOI $471,769 @ 7.0% cap · market cap 9.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
American Yeast Sales
Big Box & Wholesale Store
Similar For Sale Nearby
Similar Off Market Nearby
- Arctic Glacier Premium Ice — 4701 Stine Rd, Bakersfield, CA 93313
- Kern Grainery — 5640 District Blvd #108, Bakersfield, CA 93311
- Derrel's Mini Storage — 5000 Ashe Rd, Bakersfield, CA 93313
- Advanced Data Storage, Inc. — 6001 Schirra Ct, Bakersfield, CA 93313
- Otis Elevator Company — 4300 Ashe Rd Suite 108, Bakersfield, CA 93313
FAQs
What type of property is this?
Warehouse - Heavy industrial facility totaling 26,333 SF, including warehouse and office space, on 7.57 acres with ongoing renovations.
Where is this warehouse located?
The property is located at 5455 District Blvd Bakersfield, CA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Heavy industrial facility totaling 26,333 SF; Includes primary building of 20,933 SF plus 1,400 SF secondary warehouse space; On‑site office space totals 2,500 SF
