Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Hageman Rd @ Allen Rd Bakersfield, CA 93312

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Hageman Rd @ Allen Rd Bakersfield, CA 93312

    View on Map
    • Land
    • 7.11 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Hageman Rd @ Allen Rd

    Lot size
    7.11 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 7.11-acre commercial and industrial land parcel presents a unique investment opportunity in Bakersfield, California. Strategically located at the southeast corner of the newly constructed Hageman and Allen Road underpass, this property boasts significant frontage along both Hageman and Allen Roads. The site is zoned M-1 Industrial, allowing for a wide range of development possibilities. Hageman Road has recently been expanded to six full lanes, ensuring excellent accessibility and high visibility. Utilities are readily available, with sewer, electrical, gas, phone, and data lines at the property line

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.143
    Latitude
    35.3994

    Comparable in this City

    • Value Estimation by Request
      5.36 Acres

      Nwc Rosedale Hwy & Lassen Dr

      Land • 5.36 Acres
      0 Nwc Rosedale Hwy & Lassen Dr, Bakersfield, CA 93312
      View Details
    • Value Estimation
      $1,100,000
      8,650 SF

      9334 Shellabarger Rd

      CONSTRUCTION/CONTRACTING SERVICES • 8,650 SF
      9334 Shellabarger Rd, Bakersfield, CA 93312-6329
      View Details
    • Value Estimation by Request
      8,160 SF

      10014 Rosedale Hwy

      CONSTRUCTION/CONTRACTING SERVICES • 8,160 SF
      10014 Rosedale Hwy, Bakersfield, CA 93312-2616
      View Details
    • Value Estimation
      $1,400,000
      12,900 SF

      10010 Rosedale Hwya

      CONSTRUCTION/CONTRACTING SERVICES • 12,900 SF
      10010 Rosedale Hwya, Bakersfield, CA 93312-2628
      View Details
    • Value Estimation by Request
      0.46 Acres

      9425 Langley Rd

      CONSTRUCTION/CONTRACTING SERVICES • 0.46 Acres
      9425 Langley Rd, Bakersfield, CA 93312-2139
      View Details
    • Value Estimation
      $1,200,000
      2,782 SF

      9831 Rosedale Hwy

      CONSTRUCTION/CONTRACTING SERVICES • 2,782 SF
      9831 Rosedale Hwy, Bakersfield, CA 93312-2604
      View Details

    Similar Nearby for Sale

    • $1,495,000
      2,782 SF

      Bakersfield Commercial Property on Rosedale

      1.12-acre C-2 commercial property with office and industrial features.
      9831 Rosedale Hwy, Bakersfield, CA 93312
      View Details
    • Contact for pricing

      Calloway Drive Retail Redevelopment Site

      Prime commercial land for retail redevelopment in a high-traffic location.
      2500 Calloway Dr, Bakersfield, CA 93312
      View Details
    • Contact for pricing

      Land on Retail Corridor

      Land available on a dominant retail corridor.
      9711 Rosedale Hwy, Bakersfield, CA 93312
      View Details
    • Contact for pricing

      Land on Rosedale Highway

      Located at the northwest corner of Rosedale Highway and Lassen.
      Nwc Rosedale Hwy & Lassen Dr, Bakersfield, CA 93312
      View Details
    • $1,900,000

      Commercial Land on Rosedale Highway

      Land on heavily traveled Rosedale Hwy with excellent demographics.
      12700 Rosedale Hwy, Bakersfield, CA 93312
      View Details
    • $2,500,000

      Commercial Land on Hageman Road

      4.07 acres of semi-finished commercial land for sale.
      12724 Hageman Rd, Bakersfield, CA 93312
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Bakersfield Industrial Complex For Rent

      Multi-tenant industrial complex in Northwest Bakersfield with easy highway access.
      9531 Langley Rd, Bakersfield, CA 93312
      View Details
    • Contact for pricing

      Land for Rent in Bakersfield

      Land available for rent in Northwest Bakersfield near major routes.
      1628 Art St, Bakersfield, CA 93312
      View Details
    • Contact for pricing
      2,500 SF

      Bakersfield Office Warehouse For Rent

      Office warehouse in Northwest Bakersfield with easy highway access.
      9412 Shellabarger Rd, Bakersfield, CA 93312
      View Details
    • Contact for pricing

      Commercial Land for Lease

      Approximately 2.80 acres available for ground lease or build-to-suit.
      8123 Brimhall Rd, Bakersfield, CA 93312
      View Details
    • Contact for pricing
      7,000 SF

      Commercial Land Near Kern River

      2.8 acres available for ground lease or build to suit.
      8101 Brimhall Rd, Bakersfield, CA 93312
      View Details
    • $895 /Mo
      12,502 SF

      Fenced Lot Near Rosedale Highway

      Fenced and gated lot available for rent in Bakersfield.
      2409 Calloway Dr, Bakersfield, CA 93312
      View Details
    Request Owner's contact information
    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.
    Hageman Rd @ Allen Rd
    Bakersfield, CA 93312
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!