Freestanding Mixed-Use
For Sale
$1,199,000
9517 Rosedale Hwy, Bakersfield, CA 93312
Commercial Sale, Bakersfield, CA
Property Size3,050 SF
Price / SF$393.11
Days on Market100
Property Features for 9517 Rosedale Hwy
General Information
Property type
Residential
Property subtype
Retail
Directions
WAZE
Subdivision
BKSF - Bakersfield
Standard status
Active
APN
36811122004
Utilities
Cooling system
Central Air
Listing Agency:
RE/MAX Fine Homes · RE/MAX International
(949) 249-2424
Listed By:
Ouzna Hambli · License #02187476
(818) 213-5238
Added: May 23
Changed: Aug 24
Last Checked: Aug 30 at 1:06AM
MLS# OC26114271
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This freestanding mixed-use property combines approximately 3,050 square feet of commercial space with a practical split between finished offices and adaptable open area. Around 2,000 square feet is configured as upgraded office space with modern finishes, while the remaining 1,050 square feet provides an open layout that can accommodate retail, showroom, creative, office, or storage functions. Central air is included.
The property is positioned at 9517 Rosedale Hwy in Bakersfield, near Calloway Drive and Rosedale Highway. It is across from The Northwest Promenade and surrounded by major retailers, restaurants, and established businesses. A pylon sign on Rosedale Highway provides prominent identification along the corridor.
The property is positioned at 9517 Rosedale Hwy in Bakersfield, near Calloway Drive and Rosedale Highway. It is across from The Northwest Promenade and surrounded by major retailers, restaurants, and established businesses. A pylon sign on Rosedale Highway provides prominent identification along the corridor.
Key Highlights
- Approximately 3,050 square feet of mixed‑use commercial space
- Around 2,000 square feet of upgraded office space
- 1,050 square feet of open‑concept area
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
Lease Details
Yes
Highway access
Yes
Paved road access
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Upgraded offices and flexible open-concept space support varied commercial configurations.
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: Approximately 3,050 square feet of mixed‑use commercial space; Around 2,000 square feet of upgraded office space; 1,050 square feet of open‑concept area
