Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    151 Truxtun Ave Bakersfield, CA 93305

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    22,570 SF Warehouse, 2.28 Acres

    Lot size:
    22,570 SF

    Property Features for 151 Truxtun Ave

    General Information

    Property type
    Manufacturing properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,570 SF

    Spaces For Lease

    at 151 Truxtun Ave, Bakersfield, CA 93305 Contact us

    We can help!

    Listing Contact
    Coby Vance
    Coby Vance

    Listing Agency: Cushman & Wakefield - Bakersfield, California Listing Agent: Coby Vance

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional industrial property, located at 151 E. Truxtun Ave. in Bakersfield, Kern County, offers a substantial 22,570 square feet of warehouse and canopy space situated on a generous 2.28-acre lot. The property boasts excellent visibility and accessibility with frontage on both Truxtun Avenue and Union Avenue. The building features a 1,288 square foot office area, complementing the expansive warehouse and canopy space ideal for various manufacturing or storage needs. The entire 22,570 square feet is currently vacant and available for immediate occupancy. The property is fully fenced, providing enhanced security. Utilities are serviced by PG&E (electricity and gas) and California Water Service, with sewer provided by the City of Bakersfield. The property is zoned M-1 and C-2 by the City of Bakersfield, allowing for a range of industrial uses. The electrical service is 200 Amps, 120/280V, 3-phase (tenant to verify). The asking rent is $6,500 per month. This presents a unique opportunity to secure a well-located, sizable industrial space in a thriving Kern County market. The property's size, location, and features make it an attractive option for businesses seeking a versatile and functional industrial facility. Contact us today to schedule a viewing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    AMS Business Group ... Business Management Consultant AMS Supply Co. Freight Service

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.002027
    Latitude
    35.3730047

    Nearby Similar for Lease

    • New
      $800 /Mo

      Office Space in Sports Facility

      Office and barber shop spaces available inside a gymnasium.
      3500 21St St, Bakersfield, CA 93301
      View Details
    • $3,000 /Mo

      Medical Office Suites For Lease

      Two renovated medical office suites available for lease.
      3550 Q St, Bakersfield, CA 93301
      View Details
    • $3,000 /Mo
      2,123 SF

      Medical Office Suites For Lease

      Renovated medical office suites available for lease near Memorial Hospital.
      3550 Q St, Bakersfield, CA 93301
      View Details
    • Contact for pricing

      4900 California Avenue

      Flexible workspace in San Jose Airport
      4900 California Ave Tower B, Bakersfield, CA 93309
      View Details
    • Sponsored
      Contact for pricing

      CA, Bakersfield - Truxtun Ave.

      Discover many ways to work your way in Democracy Plaza
      5701 Truxtun Ave, Bakersfield, CA 93309
      View Details
    • Contact for pricing

      CA, Bakersfield - 19th St

      Discover many ways to work your way in San Antonio Airport
      1030 19Th St, Bakersfield, CA 93301
      View Details
    • $5,536 /Mo
      43,560 SF

      Bakersfield Office Building For Lease

      Single-story office building in North Bakersfield with flexible lease terms.
      4000 Rio Del Norte St, Bakersfield, CA 93308
      View Details
    • $15,956 /Mo
      44,431 SF

      Bakersfield Industrial Space For Rent

      12,757 SF industrial space in a vibrant industrial zone.
      6379 Seven Seas Ave, Bakersfield, CA 93308
      View Details
    • $0.49 SF/Yr
      142,400 SF

      Industrial Warehouse Space for Lease

      142,400 SF industrial warehouse space with dock high loading.
      6001 Snow Rd, Bakersfield, CA 93308
      View Details
    • $4,800 /Mo
      2,350 SF

      Industrial Property with Large Yard

      Office, warehouse, and yard space for lease in Bakersfield.
      18400 Highway 65, Bakersfield, CA 93308
      View Details
    • $2,800 /Mo
      1,347 SF

      Downtown Bakersfield Office Live/Work Space

      Office live/work space for lease in the Downtown Business District.
      1440 Chester Ave, Bakersfield, CA 93304
      View Details
    • $550 /Mo
      450 SF

      Bakersfield Office Space For Rent

      Office space for rent including utilities and on-site parking.
      1400 Chester Ave, Bakersfield, CA 93304
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - 22,570 SF Warehouse, 2.28 Acres
    Where is this manufacturing property located?
    The property is located at 151 Truxtun Ave Bakersfield, CA.
    What are key features of this property?
    This property features: 22,570 SF industrial warehouse and manufacturing space on a 2.28-acre lot.; Single-tenant occupancy, currently vacant.; Asking rent: $6,500/month.
    Request Owner's contact information
    151 Truxtun Ave Bakersfield, CA 93305
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    151 Truxtun Ave
    Bakersfield, CA 93305
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    151 Truxtun Ave Bakersfield, CA 93305
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Coby Vance
    Coby Vance
    Real Estate License ID: 01449929
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!