3801 Pegasus Dr Bakersfield, CA 93308
Property profile & analytics
3801 Pegasus Dr Bakersfield, CA 93308
- Office buildings
- 55,960 SF
- 4.58 lot acres
Property ID
US09-3147925
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.
Location Intelligence
Current Use by Public Records
- New Concepts Development / General Contractor
- Payne Richards & Associates / Law Firm / Security Service
- US Claims Services / Insurance Agency
- MYMONEYMONITOR / Consultant
- Washington Dumpster Rental / Waste Management Facility
Property Details for 3801 Pegasus Dr
- Year built
- 1994
- Construction
- WOOD
- Lot size
- 4.58 lot acres
- Property size
- 55,960 SF
- Property type
- Office buildings
- APN
- 492-150-10-00-0
- APU
- 49215010000
Description
This exceptional investment opportunity presents a 57,439-square-foot industrial portfolio comprising two buildings situated on a 7.83-acre lot in Bakersfield, California. The property, located at 3801 Pegasus Drive and 3501 Unicorn Road, benefits from a prime corner location with multiple access points and highway frontage. The buildings, constructed in 1994, feature ceiling heights ranging from 18'6" to 19'6" and boast a total of ten ground-level loading doors. Currently, the property is 49.5% occupied by four tenants, offering immediate cash flow and significant value-add potential. The buildings are zoned M-2 PD H, allowing for diverse uses including manufacturing, processing, assembly, office, medical, retail, service, and warehousing. One building, 3801 Pegasus Drive, features three occupied suites totaling approximately 18,700 square feet, with the remaining 29,005 square feet vacant. The second building, 3501 Unicorn Road, is a 9,730-square-foot structure fully occupied by a single tenant. The asking price is $10,339,020, translating to $180 per square foot. This property presents a rare opportunity to acquire a substantial industrial portfolio in a rapidly growing Kern County submarket, less than a mile from major highway access points. The property's location offers excellent visibility and convenient access to transportation networks. The existing tenancy provides a stable income stream, while the significant vacant space allows for future expansion or lease-up opportunities. This is an ideal owner-user or value-add investment.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $7,984,000
Market price range: $7.98M - $16.5M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bakersfield
- County
- Kern
- State
- California
- Longitude
- -119.073
- Latitude
- 35.4392
- 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
$72,243
$816,886
$5,125,347
$5,942,233
-
$0.00
$0.00
$0.00
