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Property profile & analytics
OFF-MARKET
Estimated value
$4,620,000
Office buildings
8500 Stockdale Hwy Bakersfield, CA 93311-1002
Entity Owned
Absentee Owner
Free & Clear
Property ID
US10-1944043
Property summary
AI-generated overview
This exceptional Class A office property, located at 8500 Stockdale Hwy in Bakersfield, CA (zip code 93311), offers a variety of flexible spaces ideal for various business needs. Situated in the University Centre submarket, this single, two-story building provides convenient access to Stockdale Highway. The property features a total of 3,232 to 5,296 square feet of available space, currently divided into multiple tenancies. Modern amenities include elevators for easy access to both floors. The building's design caters to diverse business types, including traditional office spaces, coworking setups, executive suites, and medical offices. This prime location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a professional and well-equipped workspace in Bakersfield's thriving University Centre area. The property is categorized as a Class A building, reflecting its high-quality construction and modern features. Interested parties are encouraged to inquire about available space and lease terms.
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2007
Construction
STEEL FRAME
Total area
32,327 SF
Lot
1.94 ac (84,506 SF)
Zoning code
CO
APN
501-020-19-00-4
UPID
US10-1944043
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Laura Diaz Realtor Real Estate Agency
-
PNC Bank Bank Loan Service
-
INSURICA Bakersfield Insurance Agency
-
Common Ground Resolutions Consultant
-
Bakerfield University Partners College
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.90M
Blend (final)
Blend
$4.62M
Owner & transaction history
BAKERSFIELD UNIVERSITY PARTNERS
BAKERSFIELD UNIVERSITY PARTNERS
Zoning & alternative use
CO · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$7.4M
+8.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bakersfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bakersfield submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,825,000
Current use
MEDICAL BUILDING
$7,390,000
Change: +8% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$6,140,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$4.62M
Range $4.16M – $5.08M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$143 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$99,402
Tax year 2023
Assessed value
$8,389,765
Assessed 2023
Previous assessed
$8,389,765
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$661,134
Assessed improvement
$7,728,631
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
OTHER
Stories
2
Total area
32,327 SF
Lot
1.94 ac (84,506 SF)
Zoning code
CO
APN
501-020-19-00-4
UPID
US10-1944043
Jurisdiction
KERN
Zoning & alternative use
CO · Bakersfield, CA
Zoning CO · permitted uses
CO · Bakersfield, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bakersfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$6.8M
MEDICAL BUILDING
Est. value
$7.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.1M
OFFICE BUILDING Current
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
1.94 ac
Current owner
From public records · entity-resolved
BAKERSFIELD UNIVERSITY PARTNERS
Entity
Free & Clear · 0 yrs held
Mailing address
5601 TRUXTUN AVE STE #190, BAKERSFIELD, CA 93309-0627
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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