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    625 34Th St Bakersfield, CA 93301
    Property profile & analytics

    625 34Th St Bakersfield, CA 93301


    • Medical Office Space
    • 87,389 SF
    • 1.76 lot acres
    Medical Office Building Near Hospital For Lease
    $15,705,000
    84,000 SF

    Medical Office Building Near Hospital

    Class A medical office space available near Memorial Hospital.

    625 34th St, Bakersfield, CA 93301
    View Listing
    Property ID
    US09-5294528
    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

    • Tony Uong / Physician
    • Mayra Tovar-Castro / Physician
    • Jesica Gonzalez / Dental Office
    • Emad Hashemi / Physician
    • Debra Stewart / Physician

    Property Details for 625 34Th St

    Year built
    2021
    Lot size
    1.76 lot acres
    Property size
    87,389 SF
    Zone code
    M1
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    002-041-19-00-9
    APU
    204119009

    Description

    This exceptional three-story, Class A medical office building, totaling 84,000 square feet, is located at 625 34th Street in Bakersfield, California, 93301, in the Bakersfield-Downtown submarket of Kern County. Built in 2020, this single building offers a prime opportunity for medical practices seeking modern, efficient space. The building currently houses Memorial Hospital and Clinic Sierra Vista as tenants. A significant contiguous block of space, ranging from 2,000 to 28,711 square feet, is immediately available for lease. This highly desirable location is situated in the Memorial Hospital Corridor, directly across from Memorial Hospital, ensuring excellent visibility and accessibility for patients and staff. The property's convenient location and modern amenities make it an ideal choice for medical professionals seeking a prestigious and functional workspace. The minimum divisible space is 2,000 square feet. This represents a rare chance to secure space in a state-of-the-art facility within a thriving medical hub.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $19,400,000
      6.5%
      $17,910,000
      7%
      $16,630,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $17,407,000
      Market price range: $7.96M - $17.4M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $20,220,000
      Current use
      OFFICE BUILDING
      $17,340,000
      Change: -14% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.009
    Latitude
    35.3901
    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
    2024
    $300,685
    $317,155
    $25,168,316
    $25,485,471
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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