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Property profile & analytics
OFF-MARKET Estimated value $2,720,000
Sports & entertainment properties

3101 Gilmore Ave Bakersfield, CA 93308-6313

134,426 SF 3.71 ac lot Built 1985
Entity Owned 10-yr Hold Free & Clear
Property ID
US09-1390220
Property summary
AI-generated overview

This exceptional 132,275-square-foot industrial property, located at 3101 Gilmore Avenue in Bakersfield, California, presents a unique investment opportunity. Situated in the Downtown submarket, this single-story, 1985-built warehouse boasts a versatile design suitable for various uses. The property features five loading docks and is zoned M-1, offering flexibility for a range of businesses. With a total of four suites, the property allows for multiple tenancy options, providing adaptability for different business needs. One suite, measuring 50,000 square feet, is currently available. The building's high ceilings and large open areas are ideal for businesses requiring significant space and customization. The property's address is 3101 Gilmore Avenue, Bakersfield, CA 93308, with cross streets of Arrow Street. The Assessor's Parcel Number (APN) is 332-100-58-5, and it's located in Kern County. This prime location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in Bakersfield's thriving Downtown area. The property's classification includes Retail, Industrial, and Special Purpose uses, reflecting its adaptability. The building's size and layout, combined with its strategic location, make it an ideal choice for businesses seeking a versatile and highly customizable space. No elevators are present on the property.

Property profile
Verified
Property type Sports & entertainment properties
Use group RECREATIONAL, ENTERTAINMENT
Year built 1985
Construction WOOD
Total area 134,426 SF
Lot 3.71 ac (161,607 SF)
Zoning code M1
APN 332-100-58-00-8
UPID US09-1390220
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
Current use
Occupant on record · Public records
  • Galaxy Gymnastics & Tumbling Gym & Fitness Center
  • Mentors Moving & Storage Trucking Company
  • United Refrigeration Inc Hardware & Home Improvement HVAC Service
  • Performer's Closet Dance Store
  • Excel Relocation Systems Moving Company Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.73M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.71M
Blend (final) Blend
$2.72M
Owner & transaction history
Allied Mtg & Svcs INC · 10 yrs held
Allied Mtg & Svcs INC
since 2015
7 recorded transactions
2021
Price N/A
2016
Price N/A
2015
Price N/A
2015
$6.0M
2008
Price N/A
2008
$90,000
1969
Price N/A
Zoning & alternative use
M1 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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