Property profile

8230 Espresso Dr Bakersfield, CA 93312

OFF-MARKET
Medical Office Space
Property ID
US09-0429275
0.43 ac lot Built 1900
Entity Owned 15-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This freestanding, contemporary office building at 8230 Espresso Dr., Bakersfield, CA 93312, offers 3,350 square feet of highly functional space in a single-tenant configuration. Situated on a substantial 24,829 square foot lot zoned C-2, the property boasts a convenient Northwest Bakersfield location within walking distance of retail and restaurants. The building features a modern design and offers excellent visibility, with rear building signage visible from Coffee Rd. and the option to purchase pylon signage on Coffee Rd. for increased brand awareness. Parking is ample, with a ratio of 8.5 spaces per 1,000 square feet. For businesses requiring expansion, an adjacent building at 8224 Espresso Dr. is optionally available, offering an additional 1,599 to 4,818 rentable square feet. This fully developed area presents a unique opportunity for businesses seeking a centrally located, well-appointed office space with potential for growth. The property's APN is 451-470-25-00-8. This is a single-tenant property.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1900
Construction WOOD FRAME
Lot 0.43 ac (18,730 SF)
APN 451-470-25-00-8
UPID US09-0429275

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
  • Production Facility

Location

8230 Espresso Dr Bakersfield, CA 93312-2111
Bakersfield metro Census 3808 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2010
7 recorded transactions
2021
Price N/A
2018
Price N/A
2010
Price N/A
2010
$738,100
2007
Price N/A
1969
Price N/A
1969
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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