157 Panama Rd Bakersfield, CA 93307
This exceptional 4,000-square-foot industrial property, located in Kern County, presents a unique investment opportunity. The single-tenant building boasts a versatile floor plan, perfectly suited for a variety of businesses. The space is divided into 3,400 square feet of warehouse area and 600 square feet of climate-controlled office space, providing ample room for operations and administration. A significant advantage is the inclusion of a sizable 0.23-acre yard, offering excellent potential for storage or outdoor activities related to the business. Access to the warehouse is convenient via one 12' x 10' ground-level door. The building's construction is of sturdy CMU (Concrete Masonry Unit) construction, ensuring durability and longevity. The warehouse itself benefits from full air conditioning, creating a comfortable and productive work environment. The property is zoned C-2, allowing for a range of commercial uses. This property offers a compelling combination of space, functionality, and location, making it an attractive prospect for discerning investors and businesses seeking a well-appointed industrial space in Kern County. The property's features, including the generous yard space and climate-controlled warehouse, make it a highly desirable asset in the current market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Bakersfield, CABakersfield. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.