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1210 Wible Rd Bakersfield, CA 93304

Retail space Google Maps
10,000 SF 0.97 ac lot Built 1984
Individually Owned ~ Est. High Equity
Estimated value (blended)
$1.45M
Range $1.31M – $1.60M (±10%)
Property ID US09-0396627

Property summary

AI-generated overview

This exceptional 10,000-square-foot freestanding retail building presents a unique investment opportunity in Kern County. Situated on a sizable 42,253-square-foot lot, the property boasts excellent visibility and accessibility, strategically located off Wible Road near the intersection with Ming Avenue. The building, constructed in 1984, is a single-story structure with ample parking, catering to the needs of a diverse clientele. Its C-2 zoning allows for a wide range of retail uses, making it highly adaptable to various business models. The property's prime location offers significant advantages, with close proximity to the bustling Valley Plaza Mall and convenient access to Highway 99, ensuring high traffic volume and strong potential for customer engagement. The building's single-tenant occupancy provides flexibility for a new owner or tenant. The entire 10,000 square feet is currently vacant, presenting a blank canvas for a new business venture or redevelopment project. The property's location along a major arterial road provides exceptional visibility and accessibility, making it an ideal location for a variety of retail businesses. The APN is 148-260-31. This property offers a rare chance to acquire a well-positioned retail space in a thriving commercial area.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1984
Construction WOOD
Total area 10,000 SF
Lot 0.97 ac (42,253 SF)
Zoning code C-2
APN 148-260-31-00-3
UPID US09-0396627

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.48M
Comparable Approach Comparable
$1.75M
Blend (final) Blend
$1.45M

Owner & transaction history

since 2026
5 recorded transactions
2026
$1.8M
2026
Price N/A
2009
Price N/A
2006
Price N/A
2001
$825,000

Zoning & alternative use

C-2 · Bakersfield, CA
Zoning description

The purpose of C-2 zone is to permit development of concentrated large-scale retail operations providing a broad range of goods and services which serve the metropolitan market area

General category COMMERCIAL
Top alternative use upside
Medical building $2.3M +57.6%
Office building $1.9M +33.9%
Auto repair, garage $1.6M +9.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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