8500 Stockdale HwyBakersfield, CA 93311

Property Details for 8500 Stockdale Hwy

Year built

2007

Construction

STEEL FRAME

Lot size

1.94 AC

Property size (Sq ft)

32,327 SF

Zone code

CO

Property type

Office buildings

APN

501-020-19-00-4

APU

50102019004

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $10,449,600

  6.5%

  $9,645,780

  7%

  $8,956,790

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,147,300

  Geo Method

  $6,147,300

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $18,871,800

  Retail / Commercial

  $9,700,570

  Mixed-Use / Specialty

  $9,684,270

  Hospitality / Lodging

  $7,128,840

  Institutional / Educational

  $10,074,300

  Residential Income

  $11,786,900

  Multifamily

  $14,035,200

  Automotive / Energy

  $8,635,090

  Parking / Income-Based Land

  $2,961,800

  Restaurant / Food Service

  $5,075,880

  Healthcare / Senior Housing

  $9,912,290

Location Insight

City

Bakersfield

County

Kern

State

California

Latitude

35.3549

Longitude

-119.097

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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