Technical
Financial
Distress signals
Property profile

5905 Niles St Bakersfield, CA 93306

OFF-MARKET
Strip malls
Property ID
US09-0088518
21,240 SF 1.4 ac lot Built 1987
Entity Owned 20-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail opportunity presents 84,109 square feet of space within the Niles Center, a thriving power/strip center in East Bakersfield, Kern County. Built in 1986 and renovated in 2021, the property comprises six single-story buildings situated on an 8.9-acre lot. The center boasts 23 suites, with 3,840 square feet currently vacant, offering spaces ranging from 1,800 to 9,000 contiguous square feet. The property is zoned C-2 PD and enjoys excellent visibility and accessibility, featuring ample parking and pylon signage. A Vallarta Supermarket anchors this busy regional center, complemented by strong co-tenancy including Family Dollar, Children's Urgent Care, Starbucks, T-Shirt Outlet, Little Caesar's Pizza, Metro PCS, Fiesta Insurance, Oportun, and Shoe Palace. A new Dental Kidz is also coming soon. The center benefits from high traffic counts and excellent foot traffic, further enhanced by its proximity to other major retailers within a quarter-mile radius, such as FoodMaxx, CVS Y Mas Pharmacy, Dollar Tree, Planet Fitness, Aaron's Rents, Burger King, Taco Bell, and Pep Boy's Auto Parts. This is an ideal location for businesses seeking high visibility and strong consumer traffic in a well-established East Bakersfield commercial corridor.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1987
Construction WOOD
Total area 21,240 SF
Lot 1.4 ac (60,983 SF)
Zoning code C-2
APN 135-180-34-00-5
UPID US09-0088518

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
  • Shopping Center & Mall
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store

Location

5905 Niles St Bakersfield, CA 93306-4695
Bakersfield metro Census 1104 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.54M

Owner & transaction history

since 2006
4 recorded transactions
2018
Price N/A
2006
$3.6M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-2 · Bakersfield, CA
Zoning description

The purpose of C-2 zone is to permit development of concentrated large-scale retail operations providing a broad range of goods and services which serve the metropolitan market area

General category COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5905 Niles St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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