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Surgery Center | Price Reduced 5000 Commerce Dr 25,000 SF Vacant Office Building Bakersfield, CA 93309 $9,975,000 ($399/SF) 8.21% Cap Rate
Investment Highlights
- Newer Surgery Center/Medical Clinic (Never Been Occupied)
- Visibility from Highway 58 (45K+ Daily Traffic)
Executive Summary
Just reduced from $16,950,000 to $9,975,000, well below replacement cost. This Class A medical facility located at 5000 Commerce Drive in Bakersfield, California. Constructed in 2018, this ±25,000 square foot, two-story medical building was purpose-built to accommodate modern healthcare delivery
and offers an exceptional combination of quality, functionality, and visibility.
The property features a ±12,500 SF fully improved surgery center on the ground floor (never occupied), complemented by a ±12,500 SF
medical clinic on the second floor (also never occupied)—providing a highly efficient layout ideal for a wide range of medical users. Designed
with contemporary construction standards, the building offers high-end finishes, advanced infrastructure, and a professional environment
consistent with top-tier healthcare facilities.
Strategically positioned with direct visibility from Highway 58, the property benefits from exposure to over 45,000 vehicles per day, ensuring
strong identity and accessibility for patients and practitioners alike. Its central Bakersfield location further enhances convenience, with close
proximity to major transportation corridors and surrounding medical amenities.
Call for More Details...
and offers an exceptional combination of quality, functionality, and visibility.
The property features a ±12,500 SF fully improved surgery center on the ground floor (never occupied), complemented by a ±12,500 SF
medical clinic on the second floor (also never occupied)—providing a highly efficient layout ideal for a wide range of medical users. Designed
with contemporary construction standards, the building offers high-end finishes, advanced infrastructure, and a professional environment
consistent with top-tier healthcare facilities.
Strategically positioned with direct visibility from Highway 58, the property benefits from exposure to over 45,000 vehicles per day, ensuring
strong identity and accessibility for patients and practitioners alike. Its central Bakersfield location further enhances convenience, with close
proximity to major transportation corridors and surrounding medical amenities.
Call for More Details...
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$862,500
|
$34.50
|
| Other Income |
$303,000
|
$12.12
|
| Vacancy Loss |
$43,125
|
$1.73
|
| Effective Gross Income |
$1,122,375
|
$44.90
|
| Taxes |
$123,000
|
$4.92
|
| Operating Expenses |
$180,000
|
$7.20
|
| Total Expenses |
$303,000
|
$12.12
|
| Net Operating Income |
$819,375
|
$32.78
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $862,500 |
| Annual Per SF | $34.50 |
| Other Income | |
|---|---|
| Annual | $303,000 |
| Annual Per SF | $12.12 |
| Vacancy Loss | |
|---|---|
| Annual | $43,125 |
| Annual Per SF | $1.73 |
| Effective Gross Income | |
|---|---|
| Annual | $1,122,375 |
| Annual Per SF | $44.90 |
| Taxes | |
|---|---|
| Annual | $123,000 |
| Annual Per SF | $4.92 |
| Operating Expenses | |
|---|---|
| Annual | $180,000 |
| Annual Per SF | $7.20 |
| Total Expenses | |
|---|---|
| Annual | $303,000 |
| Annual Per SF | $12.12 |
| Net Operating Income | |
|---|---|
| Annual | $819,375 |
| Annual Per SF | $32.78 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
25,000 SF
Building Class
A
Year Built
2018
Price
$9,975,000
Price Per SF
$399
Cap Rate
8.21%
NOI
$818,948
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,500 SF
Building FAR
0.52
Lot Size
1.10 AC
Zoning
C-2 - Commercial
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
2nd floor office/medical space available with 18 exam rooms, 4 test rooms, and 11 private offices.
| Space | Size | Space Use | Build-Out | Available |
| 2nd Floor | 12,500 SF | Office/Medical | Full Build-Out | 30 Days |
2nd Floor
| Size |
| 12,500 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
2nd Floor
| Size | 12,500 SF |
| Space Use | Office/Medical |
| Build-Out | Full Build-Out |
| Available | 30 Days |
2nd floor office/medical space available with 18 exam rooms, 4 test rooms, and 11 private offices.
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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 331-330-41-00-8 | Total Assessment | $9,904,657 (2025) |
| Land Assessment | $1,108,279 (2025) | Annual Taxes | $123,000 ($4.92/SF) |
| Improvements Assessment | $8,796,378 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
331-330-41-00-8
Land Assessment
$1,108,279 (2025)
Improvements Assessment
$8,796,378 (2025)
Total Assessment
$9,904,657 (2025)
Annual Taxes
$123,000 ($4.92/SF)
Tax Year
2026
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Surgery Center | Price Reduced | 5000 Commerce Dr
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