5100 California Ave Bakersfield, CA 93309
- Office buildings
- 48,912 SF
- 2.53 lot acres
Current Use by Public Records
- Hard Money Lenders BSD34, HML / Mortgage Lender
- Dave Packer Custom Builder / Custom Home Builder
- MM and Associates / Real Estate Agency
- Roy Garza: Allstate Insurance / Insurance Agency / Auto Insurance Agency
- Rich Kleiner Insurance / Insurance Agency / Auto Insurance Agency
Property Details for 5100 California Ave
- Year built
- 1980
- Construction
- WOOD
- Lot size
- 2.53 lot acres
- Property size
- 48,912 SF
- Zone code
- C-O
- Property type
- Office buildings
- APN
- 331-032-30-00-3
- APU
- 33103230003
Description
Office Centre Plaza presents a compelling investment opportunity in Bakersfield's vibrant California Avenue corridor. This attractive garden-style office complex comprises two buildings totaling 48,652 square feet, offering a range of traditional, executive, and creative office spaces. Currently, 10,180 square feet are available, divisible into units as small as 570 square feet and up to a contiguous 3,257 square feet. The property features nine total suites across two two-story buildings situated on a 3.68-acre lot. Tenants benefit from efficient layouts with direct suite entry, eliminating shared lobbies. Ample parking is provided, including both covered and surface options. The strategic location at the major intersection of California Avenue and Mohawk Street offers excellent visibility, enhanced by available monument signage. The property boasts secured common areas with attractive landscaping. Convenient access to major thoroughfares, including the Westside Parkway, Highway 99, and Highway 58, ensures easy commutes throughout Bakersfield and beyond. This Class B property offers flexibility for businesses of all sizes, from small startups seeking expansion potential to larger firms needing adaptable space. The property's location and amenities make it an ideal choice for businesses seeking a prominent and convenient Bakersfield address.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $390,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $420,000
- 6.5%
- $410,000
- 7%
- $435,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $375,000
- Geo Method
- $465,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $440,000
- Retail
- $485,000
- Mixed-Use
- $370,000
- Hospitality
- $445,000
- Educational
- $505,000
- Residential Income
- $410,000
- Energy
- $420,000
- Income-Based Land
- $450,000
- Food Service
- $400,000
Location Insight
- Map
- Local Demand
- City
- Bakersfield
- County
- Kern
- State
- California
- Longitude
- -119.061
- Latitude
- 35.3609
- CBSA code
- 12540
- CBSA name
- BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA