Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

1500 Un Ave Bakersfield, CA 93307-4144

  • Manufacturing properties
  • 57,504 SF
  • 12.17 lot acres
OFF-MARKET
Last Sale
May 29, 2025
$10,800,000
Value Estimations
$10,230,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US09-2355567
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

  • PCL Industrial Services, Inc. / Construction Company

Property Details for 1500 Un Ave

Year built
1980
Construction
WOOD
Lot size
12.17 lot acres
Property size
57,504 SF
Zone code
M1
Property type
Manufacturing properties
APN
170-010-52-00-4
APU
17001052004

Description

This exceptional commercial property, located at 1500 S Union Avenue in Bakersfield, California, 93307, presents a unique investment opportunity. The property encompasses approximately 84,603 square feet of office and flex space situated on 12.17 acres of land. The main office building, constructed in 2010, features approximately 30,824 square feet of modern office space. This area includes a conference room, two large classrooms, a lunchroom, four finished open offices, approximately sixty private offices, and two sets of men's and women's restrooms. A significant upgrade was completed in 2018 with the installation of a new roof and a 74.825 kW solar system comprising 614 panels (285 Watts per panel). Beyond the main office building, the property includes additional warehousing, crane-served manufacturing space, a paint booth, and sandblasting facilities, catering to a diverse range of potential users. The expansive 328,618 square foot (7.5-acre) yard provides ample outdoor storage space, making this a highly desirable location for businesses requiring significant laydown yard capabilities. Further enhancing its appeal, an additional 24.5 acres of expansion land, currently leased by the seller from the City of Bakersfield, is available for expansion, accessible from the property via two private access points from E. Casa Loma Road and Watts Drive. The property benefits from excellent freeway access to Highways 58, 99, 178, and the Interstate system. The asking price for this exceptional property is $11,500,000.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $10,180,000
    6.5%
    $9,395,000
    7%
    $8,725,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $9,921,000
    Market price range: $1.98M - $9.92M
  • Alternative Use

    Use
    Estimation
    MEDICAL BUILDING
    $13,150,000
    OFFICE BUILDING
    $12,140,000
    APARTMENT HOUSE (5+ UNITS)
    $10,495,000
    WAREHOUSE, STORAGE
    $9,920,000
    AUTO REPAIR, GARAGE
    $7,965,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Bakersfield
County
Kern
State
California
Longitude
-119
Latitude
35.336
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
$152,807
$1,494,775
$12,011,419
$13,506,194
-
$0.00
$0.00
$0.00
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message