Financial
Distress signals
Property profile

1405 Commercial Way Bakersfield, CA 93309

OFF-MARKET
Office buildings
Property ID
US09-3358445
11,616 SF 0.9 ac lot Built 1990
Last sale Jul 2002 · $2,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 11,283 square foot office building, located at 1405 Commercial Way in Bakersfield, California, presents a unique opportunity for businesses seeking flexible and versatile workspace. Built in 1990, this single-story building is situated in the Southwest submarket's Truxtun Corridor, offering convenient access to Westside Parkway, a major thoroughfare connecting Southwest Bakersfield to the city center. The property is zoned C-2 and features a variety of office space

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$1.55M
Assessed land$409k
Assessed improvement$1.14M
Effective rate1.24%

Value estimate

· Sep 2026
$790k
$711k – $869k
CAP approach$2.52M
Submarket $/SF estimate$2.37M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$222/SF
ZIP average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$143 – $290
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
The purpose of C-2 zone is to permit development of concentrated large-scale retail operations providing a broad range of goods and servi...
General categoryCOMMERCIAL
JurisdictionKERN

Location intelligence

Which uses thrive at this corner?
Best fit: Kitchen & Bath
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Kitchen & Bath10.2
Storage Facility10.2
Parking Facility9.6

Location

1405 Commercial Way Bakersfield, CA 93309-0620
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog

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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4600 American, Bakersfield, CA 93309-4066 $600,000 Mar 2025 6,552 SF
5407 Stockdale, Bakersfield, CA 93309-2501 $2,546,500 Mar 2024 10,428 SF
5301 Truxtun, Bakersfield, CA 93309-0742 $2,800,000 Jan 2024 10,021 SF
4660 American, Bakersfield, CA 93309-4068 $900,000 Mar 2023 7,132 SF
5531 Business S, Bakersfield, CA 93309-1668 $2,300,000 Mar 2023 16,285 SF
841 Mohawk, Bakersfield, CA 93309-1506 $2,025,000 Feb 2023 14,175 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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