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    500 Old River Rd Bakersfield, CA 93311

    For Lease
    Contact for pricing

    Prime Medical Office, 11,279 SF Available

    Lot size:
    40,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional two-story medical office building, totaling 40,000 square feet, offers 11,279 square feet of immediately available space in the desirable Southwest Bakersfield submarket. Located on the Dignity Health Mercy Southwest Hospital campus, this property benefits from a prime location adjacent to California State University Bakersfield and the US Post Office. The building features convenient elevator service and ample parking, enhancing accessibility for both patients and staff. The existing tenancy includes long-term, established medical professionals, creating a strong and supportive professional community. The property's strategic location provides excellent walkability to nearby retail and restaurants, offering convenience and a vibrant atmosphere. A new signalized entry from Stockdale Highway ensures easy access and high visibility. This is an unparalleled opportunity for medical practices seeking a prestigious and well-connected location within a thriving healthcare hub. The building's design and amenities cater specifically to the needs of medical professionals, making it an ideal space for expansion or relocation. The available space is adaptable to various medical specialties and practice sizes. Don't miss this chance to secure a prominent presence in one of Bakersfield's most sought-after medical office locations.

    Property Features for 500 Old River Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,000 SF

    Building Details

    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 205
    Size
    2,885 SF
    Space
    Suite 155
    Size
    3,036 SF
    Space
    Suite 250
    Size
    2,386 SF

    HighLights

    • Prime southwest Bakersfield location, adjacent to Dignity Health's Mercy Southwest Hospital.
    • 40,000 SF two‑story medical office building with 11,279 SF currently available.
    • Building features elevator service and ample parking.
    • Strong tenant mix including long‑term, established medical professionals.
    • Convenient access to California State University Bakersfield, US Post Office, and retail/restaurants.
    • New signalized entry from Stockdale Highway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    GMA Healthcare Providers Hospital Mercy Plaza Dental ... Dentist Berry Family Dentistry Dentist Periodontist - Dr Elisa ... Dental Implants Periodontist Oral & Facial Specialists: ... Oral And Maxillofacial Surgeon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -119.1131064
    Latitude
    35.3513774

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office, 11,279 SF Available
    Where is this medical office located?
    The property is located at 500 Old River Rd Bakersfield, CA.
    What are key features of this property?
    This property features: Prime southwest Bakersfield location, adjacent to Dignity Health's Mercy Southwest Hospital.; 40,000 SF two-story medical office building with 11,279 SF currently available.; Building features elevator service and ample parking.
    Request Owner's contact information
    500 Old River Rd Bakersfield, CA 93311
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    Bakersfield, CA 93311
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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
    500 Old River Rd Bakersfield, CA 93311
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