Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    333 Un Ave Bakersfield, CA 93307-1562
    Property profile & analytics

    333 Un Ave Bakersfield, CA 93307-1562

    View on Map
    • Strip malls
    • 1.06 lot acres
    Off-Market
    Property ID
    US10-1874628
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • New Saigon Restaurant / Restaurant
    • Pho Vy Restaurant / Restaurant
    • Faded City BarberShop / Barber Shop
    • EZ Water Mini Market / Department Store

    Property Details for 333 Un Ave

    Construction
    WOOD FRAME
    Lot size
    1.06 lot acres
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    010-080-24-00-7
    APU
    1008024007

    Description

    Gateway Plaza, located at 333 Union Ave, Bakersfield, CA 93307, offers exceptional retail opportunities. This Class B shopping center, built in 2005, boasts a total of 32,635 square feet on a 2.94-acre lot. Six individual suites are currently available, ranging in size from approximately 921 square feet to approximately 11,550 square feet, offering both inline and end-cap options. The property is zoned C2 and features convenient access to Highway 58 and California State University, Bakersfield. Its prime location on a busy Bakersfield retail corridor ensures high visibility and significant foot traffic. The center's proximity to national retailers creates a strong draw for customers. The property's APN is 010-080-24-00-7, 010-080-18-00-0, and is situated in Kern County. This presents a unique chance to establish a business in a thriving Bakersfield retail hub. The property's high exposure and established location make it an ideal investment for a variety of retail businesses.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.004
    Latitude
    35.3595
    CBSA code
    12540
    CBSA name
    BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,710
    $229,525
    $0.00
    $229,525
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,220,000
      9,600 SF

      1906 California Ave, Unit A-J

      SHOPPING CENTER, STRIP CENTER • 9,600 SF
      1906 California Ave, Bakersfield, CA 93307-1916
      View Details
    • Value Estimation
      $685,000
      5,200 SF

      1910 California Ave Ste A

      SHOPPING CENTER, STRIP CENTER • 5,200 SF
      1910 California Ave Ste A, Bakersfield, CA 93307-2019
      View Details
    • Value Estimation
      $665,000
      6,400 SF

      1491 White Ln

      SHOPPING CENTER, STRIP CENTER • 6,400 SF
      1491 White Ln, Bakersfield, CA 93307-4677
      View Details
    • Value Estimation
      $4,140,000
      30,902 SF

      2303 Un Ave

      SHOPPING CENTER, STRIP CENTER • 30,902 SF
      2303 Un Ave, Bakersfield, CA 93307-4159
      View Details
    • Value Estimation
      $1,235,000
      11,875 SF

      1525 White Ln

      SHOPPING CENTER, STRIP CENTER • 11,875 SF
      1525 White Ln, Bakersfield, CA 93307-4678
      View Details
    • Value Estimation
      $995,000
      7,339 SF

      1565 White Ln

      SHOPPING CENTER, STRIP CENTER • 7,339 SF
      1565 White Ln, Bakersfield, CA 93307-4679
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,982 SF

      Bakersfield Multi-Tenant Restaurant Investment

      Multi-tenant restaurant property with long-term leases and strong rent growth.
      2658 Mount Vernon Ave, Bakersfield, CA 93307
      View Details
    • $239,500
      1,003 SF

      Bakersfield Mixed-Use Property For Sale

      Mixed-use property in Bakersfield, CA, with C2 zoning.
      3721 Edison Hwy, Bakersfield, CA 93307
      View Details
    • $2,533,000
      1,381 SF

      Retail Property in Bakersfield

      Retail property available for sale in Bakersfield, California.
      5 S Union Ave, Bakersfield, CA 93307
      View Details
    • Contact for pricing
      1,030 SF

      Commercial Lot with Updated Home

      C-2 zoned lot with updated home, suitable for commercial use.
      3721 Edison Hwy, Bakersfield, CA 93307
      View Details
    • $999,000
      3,930 SF

      Mixed-Use Complex in Bakersfield, CA

      Value-add opportunity in high-traffic area with residential and commercial units.
      530 Union Avenue Loop, Bakersfield, CA 93307
      View Details
    • $449,999

      Established Snack and Food Wholesaler

      Profitable snack, meat, food, and produce wholesaler serving 300+ customers.
      1430 Weedpatch Hwy, Bakersfield, CA 93307
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,500 SF

      Retail Space in Panama Village

      Retail spaces available in upcoming Panama Village Shopping Center.
      3123 Panama Ln, Bakersfield, CA 93307
      View Details
    • Contact for pricing

      Retail Space in Gateway Plaza

      Retail spaces available in a busy Bakersfield shopping center.
      333 Union Ave, Bakersfield, CA 93307
      View Details
    • Contact for pricing

      Neighborhood Center in Southeast Bakersfield

      9-acre retail center with diverse tenants, high traffic location.
      1501 White Ln, Bakersfield, CA 93307
      View Details
    • Contact for pricing

      New Shopping Center Development

      New neighborhood shopping center development in Southeast Bakersfield.
      200 E Panama Ln, Bakersfield, CA 93307
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail spaces available, 950-1,200 sq. ft., can be combined.
      420 Weedpatch Hwy, Bakersfield, CA 93307
      View Details
    • Contact for pricing
      1,850 SF

      Commercial & Residential Mixed-Use Property

      Versatile commercial and residential property in a high-traffic Bakersfield location.
      1313 Brundage Ln, Bakersfield, CA 93307
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    333 Un Ave
    Bakersfield, CA 93307-1562
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    333 Un Ave, Bakersfield, CA, 93307
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!