Technical
Financial
Distress signals
Property profile

615 Eureka St Bakersfield, CA 93305

OFF-MARKET
Warehouses
Property ID
US09-2735798
3,132 SF 0.18 ac lot Built 1954
Trust Owned 15-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 3,000-square-foot warehouse, located at 615 Eureka Street in Bakersfield, California, presents a compelling investment opportunity. Situated in Kern County, zip code 93305, this single-tenant property offers a straightforward and efficient operational layout ideal for various industrial uses. The building's classification as an industrial warehouse ensures it's well-suited for storage, light manufacturing, or distribution needs. The property's single-tenant occupancy simplifies management and minimizes tenant turnover risks, providing a stable income stream. Its location in Bakersfield offers access to key transportation routes and a robust local workforce. The precise geographic coordinates are 35.372679 latitude and -118.9953459 longitude, allowing for easy identification and logistical planning. This property is a prime example of a functional and strategically located industrial space, presenting a solid investment opportunity for those seeking a stable, single-tenant asset in a growing California market. Further details regarding the property's specific features and lease terms are available upon request. The property is categorized as an industrial property with a warehouse subtype.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1954
Construction WOOD
Total area 3,132 SF
Lot 0.18 ac (7,840 SF)
APN 016-290-02-00-6
UPID US09-2735798

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

615 Eureka St Bakersfield, CA 93305-5811
Bakersfield metro Census 1500 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2010
1 recorded transaction
2010
Price N/A

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
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