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    1500 Un Ave Bakersfield, CA 93307-4144
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    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
    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.

    Value Estimations
    $10,230,000
    Show details
    Cap Rate Potential
    Location Intelligence

    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 estimation — 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
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