Technical
Financial
Distress signals
Property profile

300 Old Riv Rd Bakersfield, CA 93311

OFF-MARKET
Medical Office Space
Property ID
US09-3161752
516 SF Built 1993
Entity Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional two-story medical office building, totaling 40,000 square feet, is situated at 300 Old River Road, Bakersfield, CA 93311, near the intersection of Old River Road and Stockdale Highway. The property boasts a convenient location adjacent to Dignity Mercy Hospital Southwest Campus, offering immediate access to a large patient base and a collaborative healthcare environment. Currently, 4,062 contiguous square feet of vacant space is available, divisible into units as small as 2,000 square feet, with a maximum contiguous space of 4,062 square feet. The building features ample parking and is zoned CO. Its prime southwest Bakersfield location offers easy access to California State University Bakersfield, other essential amenities, and services. The building includes elevators for convenient access to both floors. Existing co-tenants are long-term, well-established medical professionals, creating a stable and supportive professional community. The property's strong walkability to nearby retail and restaurants adds to its desirability. This location provides excellent visibility and accessibility within the Bakersfield metropolitan area, making it an ideal opportunity for healthcare professionals seeking a thriving practice environment.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1993
Construction WOOD
Total area 516 SF
APN 390-450-14-00-6
UPID US09-3161752

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
  • Physician
  • Pediatrician Medical Clinic
  • Medical Clinic
  • Pediatrician Physician
  • Physician

Location

300 Old Riv Rd Bakersfield, CA 93311-9503
Bakersfield metro Census 2806 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$95k

Owner & transaction history

since 2017
2 recorded transactions
2017
$9.3M
2013
$4.5M

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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