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    Property profile & analytics

    5500 Ming Ave Bakersfield, CA 93309

    • Office buildings
    • 61,522 SF
    • 4.80 lot acres
    For Lease
    View listing
    $22 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US09-0403878
    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

    • JMPE Electrical Engineering / Electrician
    • Baby's First Photos / Medical Diagnostic Imaging Center
    • Scott A Tangeman Inc / Dentist / Cosmetic Dentist
    • Mendoza Raul Y MD / Psychiatrist
    • Yutzler Don PhD / Psychologist

    Property Details for 5500 Ming Ave

    Year built
    1982
    Construction
    WOOD
    Lot size
    4.80 lot acres
    Property size
    61,522 SF
    Zone code
    PCD
    Property type
    Office buildings
    APN
    355-440-06-00-3
    APU
    35544006003

    Description

    This exceptional Bakersfield office park, situated at 5500 Ming Ave (Ming Avenue and New Stine Road), offers 120,988 square feet of renovated office space across two, two-story buildings. Built in 1982 and extensively renovated in 2023, the property boasts a desirable campus-like setting with beautiful landscaping and water features. Seven suites are available, ranging from 449 to 6,107 contiguous square feet, making it ideal for businesses of various sizes. The property features 520 parking spaces, including some covered options, and elevators for convenient access. Recent upgrades include repainted exteriors, renovated common areas, new roofs, a resurfaced parking lot, and updated monument signage. The property benefits from on-site management, 24-hour video surveillance, and ample natural light in many suites. Its zoning is PCD (Planned Commercial Development), City of Bakersfield, and the APN is 355-440-05 & 06. The property's location provides convenient access to Highways 99 and 58, and caters to various office needs, including some hybrid medical office configurations. The 9.66-acre lot offers a serene environment for your business. Currently, 14,634 square feet of space is vacant.

    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
    -119.064
    Latitude
    35.338
    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
    $66,541
    $1,854,014
    $3,578,032
    $5,432,046
    -
    $0.00
    $0.00
    $0.00

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    Bakersfield, CA 93309
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    Realmo Value Estimation

    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.

    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.

    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
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