Office Building in Lamont,
10215 Stobaugh St Lamont, CA 93241
10215 Stobaugh St, Lamont, CA, 93241
Contact for pricing
For Sale
Contact for pricing
Office building occupied by the County of Kern for sale.
Property Size9,802 SF
Price / SF$142.83
Days on Market854
Property Features for 10215 Stobaugh St
General Information
- Standard status
- Active
- Size
- 9,802 SF
- Property subtype
- Office
Building Details
- Year Built
- 1994
Listing Agency
Cushman & Wakefield - Bakersfield, California
Listed by
Vincent Roche · License #CA 01155079
Source
Crexi
Added: Mar 19, 2024 Checked: Jul 20 at 4:48 am
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 Cushman & Wakefield - Bakersfield, California
Investment Insights
Based on property information with market context.
This office building, located in Lamont, California, is currently occupied by the County of Kern, providing essential services to the local community. The property features new interior improvements and ample parking space. The building has a total area of 9802 square feet.
Key Highlights
- Occupied by the County of Kern, providing stable tenancy
- Below replacement cost at $143.00/sf
- New interior improvements
Local Financial Insights For Office B
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 | $170.6k | $17.40 |
| − Vacancy | −$20.4k | −$2.08 |
| EGI | $150.2k | $15.32 |
| − OpEx | −$37.5k | −$3.83 |
| NOI | $112.6k | $11.49 |
9,802 SF · lease $17.40/SF/yr · vacancy 11.95% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.61M
$1.41M – $1.88M
NOI $112,630 @ 7.0% cap · market cap 8.05%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.09M
$1.83M – $2.44M
NOI $146,579 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kern County Human ...
County Government Office
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Office building occupied by the County of Kern for sale.
Where is this office building located?
The property is located at 10215 Stobaugh St Lamont, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Occupied by the County of Kern, providing stable tenancy; Below replacement cost at $143.00/sf; New interior improvements
