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    Belle Ter Bakersfield, CA 93307

    Sponsored
    For Lease
    $7 SF/Yr

    Massive Industrial Warehouse Space: Sale/Lease

    Lot size:
    2,251,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property, the 58 Logistics Center, presents a significant investment opportunity in Bakersfield, CA. Located at the intersection of Mt. Vernon Avenue and E Belle Terrace, this fully entitled property boasts over 2,251,000 square feet of warehouse and distribution space across three buildings, situated on 128.07 acres. The property is zoned M-2 by the City of Bakersfield (APN: 167-070-03) and offers flexible tenancy options, with a minimum divisible space of 128,000 square feet. High ceilings ranging from 36 to 40 feet provide ample vertical space, complemented by 394 dock-high doors for efficient loading and unloading. With 1034 total parking spaces, the property caters to a large workforce. Its strategic location in the HWY 58 submarket provides unparalleled access to a vast consumer base, with over 40 million consumers within a four-hour drive, making it an ideal last-mile logistics hub. Build-to-suit opportunities are available, allowing for customized development to meet specific operational needs. The property is available for both sale and lease. This is a rare opportunity to acquire a prime industrial asset with significant growth potential in a thriving market.

    Property Features for 0 Belle Ter

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,251,000 SF
    Total Rate
    1350600

    Building Details

    Buildings
    3

    Unit(s) available at that property

    Space
    Building 1
    Size
    1,101,000 SF
    Rate per SF
    $12
    Space
    Building 2
    Size
    1,022,000 SF
    Rate per SF
    $12
    Space
    Building 3
    Size
    128,000 SF
    Rate per SF
    $12

    HighLights

    • 2,251,000 SF of warehouse/distribution space across three buildings on 128.07 acres in Bakersfield, CA.
    • Building 1: 1,101,000 SF available, 40' clear height, 196 dock doors, 510 auto stalls, 590 trailer stalls.
    • Building 2: 1,022,000 SF available, 40' clear height, 182 dock doors, 394 auto stalls, 430 trailer stalls.
    • Building 3: 128,000 SF available, 36' clear height, 16 dock doors, 130 auto stalls, 22 trailer stalls.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -118.972135
    Latitude
    35.343611

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    FAQs

    What type of property is this?
    Distribution property - Massive Industrial Warehouse Space: Sale/Lease
    Where is this distribution property located?
    The property is located at Belle Ter Bakersfield, CA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 2,251,000 SF of warehouse/distribution space across three buildings on 128.07 acres in Bakersfield, CA.; Building 1: 1,101,000 SF available, 40' clear height, 196 dock doors, 510 auto stalls, 590 trailer stalls.; Building 2: 1,022,000 SF available, 40' clear height, 182 dock doors, 394 auto stalls, 430 trailer stalls.
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    Belle Ter Bakersfield, CA 93307
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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
    Belle Ter Bakersfield, CA 93307
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