Property profile

1611 1st St Bakersfield, CA 93304

OFF-MARKET
Medical Office Space
Property ID
US09-3282697
9,222 SF 0.53 ac lot Built 1955
Individually Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1955
Construction WOOD
Total area 9,222 SF
Lot 0.53 ac (23,086 SF)
Zoning code C-O
APN 010-350-07-00-6
UPID US09-3282697

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Community Health Centre Dental Clinic
  • Medical Clinic
  • Physician
  • Physician
  • Pediatrician Physician

Location

1611 1st St Bakersfield, CA 93304-2901
Bakersfield metro Census 1902 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.45M
Blend (final) Blend
$550k

Owner & transaction history

since 2018
7 recorded transactions
2018
Price N/A
2017
Price N/A
2011
$950,000
2004
Price N/A
1993
$200,000
1992
$351,802
1969
Price N/A

Zoning & alternative use

C-O · Bakersfield, CA
Zoning description

The purpose of C-O zone is to designate areas suitable for business and professional office development and may also serve as a buffer between regional commercial and residential areas.

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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