This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Oildale Industrial Portfolio

3 Industrial Properties Offered at £2,488,531 in Bakersfield, CA

Investment Highlights

  • Cash Flow Opportunity - 9%+ Cap Rate
  • Combined 11.24 acres
  • 21 Leasable Units over 13 building
  • Combined 61,118 SF

Executive Summary

A diversified income stream across 21 leasable units and 13 buildings delivers unique cash flow opportunities. Proforma cap rate in excess of 9%. This portfolio incorporates 3 adjacent APNs all with an M-2 Zoning (Medium Industrial). Specific building ages are unknown, listed ages are estimated.

Property Facts

Price £2,488,531
Price / SF £40.85 / SF
Sale Conditions Portfolio Sale
Net Initial Yield 9%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 60,918 SF

Properties

Property Name / Address Property Type Size Year Built Individual Price
1611 Bedford Way, Bakersfield, CA 93308 Industrial 8,300 SF 1980 -
130 E Norris Rd, Bakersfield, CA 93308 Industrial 29,120 SF 1980 -
160 E Norris Rd, Bakersfield, CA 93308 Industrial 23,498 SF 1980 -
Show More > < Show Less
  • Listing ID: 34060350

  • Date on Market: 03/12/2024

  • Last Updated:

  • Address: Oildale Industrial Portfolio, Bakersfield, CA

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}