Free-Standing Mixed-Use
For Sale
$1,199,000
9517 Rosedale Hwy, Bakersfield, CA 93312
Versatile free-standing mixed-use building with office finishes, open concept space, and Rosedale Highway pylon signage.
Property Size3,056 SF
Price / SF$393.11
Days on Market95
Property Features for 9517 Rosedale Hwy
General Information
Standard status
Active
Size
3,056 SF
Property subtype
Commercial
Building Details
Building Size
3,056 SF
Listing Agency:
RE/MAX Fine Homes
Listed By:
Ouzna Hambli · License #02187476
(818) 213-5238
Source:
Elliman
Added: Jun 3
Changed: Sep 4
Last Checked: Sep 5 at 12:44PM
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 RE/MAX Fine Homes
Investment Insights
Based on property information with market context.
This free-standing mixed-use property offers approximately 3,050 square feet of flexible space, including around 2,000 square feet of upgraded office with a modern, professional layout. The additional 1,050 square feet is an open concept area that can support a range of uses, including retail, showroom, creative workspace, additional office, or storage.
The property is located near the intersection of Calloway Drive and Rosedale Highway and sits directly across from The Northwest Promenade. It benefits from prominent pylon signage on Rosedale Highway for high-visibility branding along this heavily used retail corridor. Walk and transit convenience are reflected by a walkScore of 68 and a transitScore of 18, with a bikeScore of 48.
With its combination of finished office space and adaptable open area, the building is well suited for businesses that need a professional front office and flexible back-of-house or customer-facing space. The straightforward mixed-use configuration also offers an operator the option to align space planning to retail and service needs as well as office-based operations, depending on the tenant’s model.
The property is located near the intersection of Calloway Drive and Rosedale Highway and sits directly across from The Northwest Promenade. It benefits from prominent pylon signage on Rosedale Highway for high-visibility branding along this heavily used retail corridor. Walk and transit convenience are reflected by a walkScore of 68 and a transitScore of 18, with a bikeScore of 48.
With its combination of finished office space and adaptable open area, the building is well suited for businesses that need a professional front office and flexible back-of-house or customer-facing space. The straightforward mixed-use configuration also offers an operator the option to align space planning to retail and service needs as well as office-based operations, depending on the tenant’s model.
Key Highlights
- Free‑standing mixed‑use commercial building near Calloway Dr and Rosedale Hwy in Bakersfield
- Approx. 3,050 SF total: about 2,000 SF upgraded office space plus 1,050 SF open concept space
- Open concept area can be used for retail, showroom, creative workspace, additional office, or storage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$42,493
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$849,860
$849.9K
Cap Rate 7%
$607,043
$607.0K
Cap Rate 9%
$472,144
$472.1K
Market Conditions
NOI Build-Up for 3,050 SF
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.
Gross rent
$65.9K $21.60/SF
− Vacancy
−$9.2K −$3.02/SF
EGI
$56.7K $18.58/SF
− OpEx
−$14.2K −$4.64/SF
NOI
$42.5K $13.93/SF
Area
ZIP 93312
Vacancy
14.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$849,860
Cap Rate 7%
$607,043
Cap Rate 9%
$472,144
Alternative Uses
Best Use
Office B
$607.0K
$531.2K – $708.2K
NOI $42,493 @ 7.0% cap · market cap 3.54%
Second Best
Retail
$527.0K
$461.2K – $614.9K
NOI $36,893 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$791.4K
$692.5K – $923.3K
NOI $55,398 @ 7.0% cap · market cap 4.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
780
Businesses Nearby
Explore this area
Business Placement
Demographics for 93312, CA
58,714
Population
19,089
Households
3.1
Avg Household Size
36
Median Age
34%
College-Educated
94%
High-School Grad
14.2 sq mi
ZIP Area
4,135
Density / Sq Mi
$112,654
Median Household Income
$56,041
Median Earnings
$1,958
Median Rent
$420,500
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Versatile free-standing mixed-use building with office finishes, open concept space, and Rosedale Highway pylon signage.
Where is this mixed-use property located?
The property is located at 9517 Rosedale Hwy Bakersfield, CA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Free‑standing mixed‑use commercial building near Calloway Dr and Rosedale Hwy in Bakersfield; Approx. 3,050 SF total: about 2,000 SF upgraded office space plus 1,050 SF open concept space; Open concept area can be used for retail, showroom, creative workspace, additional office, or storage
