Entity Owned Property summary
This exceptional 10,000 square foot industrial property, located at 6950 District Boulevard in Bakersfield, California, presents a compelling investment opportunity. The property consists of two buildings situated on a 0.82-acre lot, boasting 18' to 20' ceiling heights and zoned M-2 by the City of Bakersfield. Currently operating at 100% occupancy with three tenants, the property generates a strong NOI of $165,000, representing a 6.35% cap rate. A pro-forma analysis projects a NOI of $185,000… and a 7.12% cap rate. The property's diverse tenant mix includes an existing owner-user occupying 2,500 square feet of front office space and a medical tenant leasing 1,500 square feet. A significant portion of the space, approximately 60% (4,000 square feet), is available for an owner-user, offering flexibility and potential for expansion. Favorable lease terms with the existing tenants provide an opportunity to recapture the entire site. The asking price is $2,599,000, translating to $259.90 per square foot. The property's strong cash flow, flexible space, and prime location in Bakersfield make it an attractive investment for owner-users and investors alike. The property's APN is 385-412-15. This is a gross lease property.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 16 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 10,000 SF
- Lot area
- 0.82 ac
- Year built
- 1986
- Stories
- 1
- APN
- 385-412-15-00-3
- Zoning
- M2
- Assessed value · 2023
- $1,122,000
- Annual tax · 2023
- $13,929
- Commercial (general) · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
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- Alternative use
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