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3504 Standard St 19,270 SF Industrial Building Bakersfield, CA 93308 $2,400,000 ($124.55/SF) 7.40% Cap Rate

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EXECUTIVE SUMMARY

Reduced Sales Price! Located just north of Gilmore Avenue in the highly sought-after Rosedale “Oil Patch,” 3504 Standard Street presents a prime value-add industrial investment opportunity. Situated in a high-demand industrial corridor, this property is zoned M-3 (Heavy Industrial), allowing for a wide range of permitted uses that cater to logistics, manufacturing, storage, and other industrial operations.
Its strategic location offers immediate access to both northbound and southbound Highway 99, as well as eastbound and southbound Rosedale Highway— ideal for tenant operations and regional distribution.
This asset is an attractive fit for 1031 exchange buyers, industrial users and investors seeking upside potential through lease repositioning or property enhancements in a robust industrial market.

PROPERTY FACTS

Price $2,400,000
Price Per SF $124.55
Sale Type Investment or Owner User
Cap Rate 7.40%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 2.00 AC
Rentable Building Area 19,270 SF
No. Stories 1
Year Built 1966
Parking Ratio 0.62/1,000 SF
Clear Ceiling Height 16’
Zoning M-3 - Heavy Industrial

AMENITIES

  • Fenced Lot
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl - Suite 11
  • 218 SF
  • Industrial
  • -
  • Now
Space Size Space Use Condition Available
1st Fl - Suite 11 218 SF Industrial - Now

1st Fl - Suite 11

Size
218 SF
Space Use
Industrial
Condition
-
Available
Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
332-190-29-00-1
Land Assessment
$930,000
Improvements Assessment
$620,000
Total Assessment
$1,550,000
  • Listing ID: 35922841

  • Date on Market: 5/20/2025

  • Last Updated:

  • Address: 3504 Standard St, Bakersfield, CA 93308

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