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    301 Espee St Bakersfield, CA 93301

    Sponsored
    For Lease
    $7 SF/Yr ($13,364 /Mo)

    Prime Union Avenue flex warehouse space. Ideal for various industrial uses.

    Lot size:
    20,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 20,560-square-foot industrial property, located at 301 Espee Street #C in Bakersfield, California's vibrant Downtown submarket (Union Avenue cluster), presents a significant opportunity. The single-tenant warehouse/flex space is entirely vacant and ready for immediate occupancy. The building boasts three convenient drive-in doors, ensuring efficient loading and unloading operations. Power is robust, featuring 1100 Amps, 277/480 V, 3-phase service, suitable for a wide range of industrial applications. The property is zoned M-2 by the City of Bakersfield, allowing for diverse industrial uses. Its strategic location within the Downtown submarket, specifically the Union Avenue cluster, provides excellent access to major transportation routes and a thriving business community. This property is part of a larger multi-tenant complex, offering potential for synergy and shared resources. The 93301 zip code further underscores its prime location within Bakersfield. With its ample square footage, robust power supply, and convenient access, this warehouse/flex space is perfectly suited for businesses seeking a versatile and strategically located industrial facility. Don't miss this chance to secure this exceptional property.

    Property Features for 301 Espee St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,560 SF
    Total Rate
    13364

    Unit(s) available at that property

    Space
    Size
    20,560 SF
    Rate per SF
    $7

    HighLights

    • 20,560 SF Total Available Space
    • 1,700 SF Office Suite Available
    • Highway 178 frontage with convenient access
    • Excellent Hwy 99 proximity
    • 5,400 SF Canopy Space Available Separately
    • Shared Dock High Loading Area Available
    Property Profile Location Intelligence

    Current Use by Public Records

    CED Bakersfield Electrical Supply Store Frick’s Performance Solutions Metal Fabricator BidRL Bakersfield Auction House Monarch Home Services ... Hvac Contractor

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.0043462
    Latitude
    35.3823235

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    FAQs

    What type of property is this?
    Flex space - Prime Union Avenue flex warehouse space. Ideal for various industrial uses.
    Where is this flex space located?
    The property is located at 301 Espee St Bakersfield, CA.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: 20,560 SF Total Available Space; 1,700 SF Office Suite Available; Highway 178 frontage with convenient access
    Request Owner's contact information
    301 Espee St Bakersfield, CA 93301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    301 Espee St Bakersfield, CA 93301
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