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Property profile & analytics
OFF-MARKET
Warehouses

157 Panama Rd Bakersfield, CA 93307

4,000 SF 0.23 ac lot Built 1979
Individually Owned ~ Est. High Equity
Property ID
US09-5062656
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1979
Construction WOOD
Total area 4,000 SF
Lot 0.23 ac (10,018 SF)
Zoning code C-2
APN 185-060-33-00-2
UPID US09-5062656
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Singh Decorations
Singh Decorations
since 2026
Last sale
$470,000
4 recorded transactions
2026
$470,000
2014
$160,000
2002
$78,000
1999
$50,000
Zoning & alternative use
C-2 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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