Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4500 New Horizon Blvd Bakersfield, CA 93313
    Back to Search
    Property profile & analytics

    4500 New Horizon Blvd Bakersfield, CA 93313

    View on Map
    • Industrial land
    • 4.11 lot acres
    For Lease
    View Listing →
    Industrial Land Parcel For Lease For Lease
    Contact for pricing

    Industrial Land Parcel For Lease

    Approximately 4.14 acre industrial land parcel available for lease.

    4500 New Horizon Blvd, Bakersfield, CA 93313
    View Listing
    Property ID
    US09-5615908
    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

    • Industrial land

    Property Details for 4500 New Horizon Blvd

    Lot size
    4.11 lot acres
    Zone code
    M-1
    Property type
    Industrial land
    APN
    404-010-61-00-4
    APU
    40401061004

    Description

    This exceptional industrial property, located at 4500 New Horizon Boulevard in Bakersfield, California, offers 32,400 square feet of warehouse space across two buildings, situated on a 4.14-acre lot. The property is zoned M-1 within the City of Bakersfield and boasts a convenient Southwest submarket location. Built in 2021, this property is currently fully vacant and ready for immediate occupancy. Each building offers flexible space options, with a minimum divisible space of 8,400 square feet and a maximum contiguous space of 24,000 square feet. The buildings feature 20-foot ceilings, providing ample vertical space for storage and operations. Ample parking is available with 84 total parking spaces. Eight drive-in doors provide convenient access for loading and unloading. The property's APN is 404-010-61, and it's located in Kern County, California, zip code 93313. This property presents a unique opportunity for businesses seeking modern, efficient warehouse space in a prime Bakersfield location. The property is ready for immediate occupancy.

    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
    -119.053
    Latitude
    35.3142
    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
    $1,709
    $90,364
    $0.00
    $90,364
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.23 Acres

      5200 Park Steven Ct

      INDUSTRIAL - VACANT LAND • 0.23 Acres
      5200 Park Steven Ct, Bakersfield, CA 93313-2885
      View Details
    • Value Estimation by Request
      0.27 Acres

      5921 Nathaniel Way

      INDUSTRIAL - VACANT LAND • 0.27 Acres
      5921 Nathaniel Way, Bakersfield, CA 93313-2966
      View Details
    • Value Estimation by Request
      0.46 Acres

      5918 Open Sky Dr

      INDUSTRIAL - VACANT LAND • 0.46 Acres
      5918 Open Sky Dr, Bakersfield, CA 93313
      View Details
    • Value Estimation by Request
      0.40 Acres

      5010 Park Diane Ave

      INDUSTRIAL - VACANT LAND • 0.40 Acres
      5010 Park Diane Ave, Bakersfield, CA 93313-2887
      View Details
    • Value Estimation by Request
      16.76 Acres

      Bakersfield, CA 93313

      INDUSTRIAL - VACANT LAND • 16.76 Acres
      Bakersfield, CA 93313
      View Details
    • Value Estimation by Request
      1.77 Acres

      9804 Compagnoni St

      INDUSTRIAL - VACANT LAND • 1.77 Acres
      9804 Compagnoni St, Bakersfield, CA 93313-9723
      View Details

    Similar Nearby for Sale

    • $1,830,000

      Industrial Lots on Woodmere Drive

      Three industrial lots totaling ±1.76 acres, zoned M-2.
      5912 Woodmere Dr, Bakersfield, CA 93313
      View Details
    • $1,600,000
      295,772.40 Acres

      Bakersfield Vacant Land on Taft Highway

      6.79 acres of vacant land with M-1 zoning.
      2310 Taft Hwy, Bakersfield, CA 93313
      View Details
    • Contact for pricing

      Vacant Land in Bakersfield

      29.06 acres of vacant land at Ashe and McCutchen.
      Nec Ashe Rd And Mccutchen Rd, Bakersfield, CA 93313
      View Details
    • $15,000,000
      38.54 Acres

      I-5 & Maricopa Hwy Land

      38+ Acres Industrial Land, Bakersfield
      0 Maricopa Hwy, Bakersfield, CA 93313
      View Details
    • Contact for pricing

      Finished Parcel with Utilities

      Commercial land parcel with utilities in Bakersfield, California.
      8503 Scobee St, Bakersfield, CA 93313
      View Details
    • $2,990,000
      9.88 Acres

      Prime Commercial Land I-5 Access

      9.88 acres with freeway access, high visibility, utilities available.
      Copus Rd, Bakersfield, CA 93313
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Land Parcel For Lease

      Approximately 4.14 acre industrial land parcel available for lease.
      4500 New Horizon Blvd, Bakersfield, CA 93313
      View Details
    • Contact for pricing

      Industrial Land in Stockdale Park

      2.90 acre industrial land parcel for lease.
      6201 Schirra Ct, Bakersfield, CA 93313
      View Details
    • $262,091
      94,961 SF

      Commercial Land Near Hard Rock

      2.18 acre commercial land near future Hard Rock Casino.
      Mettler Frontage Rd, Mettler, CA 93313
      View Details
    • Contact for pricing

      Ashe Road Business Center

      Located in the Stockdale Industrial Park in Southwest Bakersfield.
      4300 Ashe Rd, Bakersfield, CA 93313
      View Details
    • Contact for pricing
      9,583 SF

      Bakersfield Flex/Industrial Space Available

      Flex/industrial space available for lease in Bakersfield, CA.
      6881 District Blvd, Bakersfield, CA 93313
      View Details
    • Contact for pricing
      15,000 SF

      Highway 99 Frontage Space

      Office, warehouse, and showroom space with high visibility.
      2700 Auto Mall Dr, Bakersfield, CA 93313
      View Details
    View Listing
    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.
    4500 New Horizon Blvd
    Bakersfield, CA 93313
    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
    4500 New Horizon Blvd, Bakersfield, CA, 93313
    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!