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Property profile & analytics

1408 Commercial Way Bakersfield, CA 93309

  • Medical offices
  • 11,550 SF
  • 1.05 lot acres
Value Estimation
Location Intelligence
Property ID
US09-2497996
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Bakersfield Digestive Disease: Reichbach Elliot J MD / Gastrointestinal Surgeon
  • Sandeep Kaur / Nurse Practitioner
  • Kenneth H Susman / Podiatrist
  • Ali Ghorbanifarajzadeh / Podiatrist
  • Wajdi Nassier / Podiatrist

Property Details for 1408 Commercial Way

Year built
2002
Construction
WOOD
Lot size
1.05 lot acres
Property size
11,550 SF
Zone code
C-2
Property type
Medical offices
Property subtype
Medical centers
APN
331-330-31-00-9
APU
33133031009

Description

This exceptional Class A medical office building, located at 1408 Commercial Way in Bakersfield, California, presents a unique investment opportunity. The 11,550 square foot single-story building, constructed in 2009, sits on a 1.05-acre lot and boasts 40 parking spaces. Currently 50% occupied, the seller will lease back half of the building, a long-term surgical center tenant, providing immediate cash flow. The property features two fully operational surgical suites and offers move-in ready medical clinic space. Its prime Midtown location in Kern County, zoned M-1, is surrounded by other medical facilities, making it ideal for an owner-user or investor. The building's asking price is $4,950,000, translating to $428.57 per square foot. This property is part of a larger portfolio but can be purchased separately. The APN is 331-330-31-00-9. This is a rare opportunity to acquire a well-located, high-quality medical facility with significant upside potential. The state-of-the-art surgical center, combined with the existing tenant leaseback, offers a compelling investment proposition. Contact us for further details.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Bakersfield
County
Kern
State
California
Longitude
-119.06
Latitude
35.3672
CBSA code
12540
CBSA name
BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$29,754
$544,455
$1,848,595
$2,393,050
-
$0.00
$0.00
$0.00
More about this property
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