Bakersfield, CA
Commercial Real Estate Market Trends & Data

$274 Avg asking sale price
$5,018 Avg asking lease rate
24,436 SF Avg unit lease size
41,766 SF Avg building size for sale
6.53% Average cap rate

Bakersfield's Demographic Profile

Bakersfield has 127,825 households and a median income of $71,292, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 402,171
# Households 127,825
Median age 33
Median household income $71,292
Avg household size 3.0
Renter-occupied housing units 52,330
5-year population change 0%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Bakersfield, CA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Bakersfield $208 32,013 SF 13.03%
Lamont $143 9,802 SF 6.00%
Delano $338 5,398 SF 7.75%
Golden Hills $259 21,299 SF 8.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Bakersfield $157 95,119 SF 7.40%
Shafter $310 55,838 SF 5.40%
Nearby Retail Markets Avg Cost/SF Typical Size
Bakersfield $354 16,501 SF
Lamont $1,641 2,682 SF
Shafter $106 7,500 SF
Mc Farland $117 7,275 SF
Taft $224 13,765 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Bakersfield $170 24,203 SF 10.26%
Lamont $117 5,995 SF 9.70%
Bodfish $359 3,452 SF 8.01%
Lake Isabella $254 3,452 SF 8.01%

Commercial Properties For Sale in Bakersfield

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

S H Garden Apartments

Bakersfield, CA 93304

  • 20,760 SF Multifamily
  • Price Upon Request
For Sale

Centennial Medical Group

Bakersfield, CA 93301

  • 15,817 SF Office Building
  • $2,862,540
For Sale

2916 Brundage Ln

Bakersfield, CA 93304

  • 8,379 SF Retail Building
  • $795,000
For Sale

Suite 104

Bakersfield, CA 93314

  • 12,125 SF Office Building
  • $650,000
For Sale

245,000SF M2 ZONED WAREHOUSES 16AC PAVED YARD

Bakersfield, CA 93307

  • 245,000 SF Industrial Building
  • $3,999,000
For Sale

Haberfelde Building

Bakersfield, CA

  • $5,900,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Bakersfield pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Bakersfield $274 41,766 SF
Lamont $633 6,588 SF
Shafter $254 31,245 SF

Regional Demographic Comparison

This comparison places Bakersfield alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Bakersfield or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Lamont 13,080 3,265 29 $37,307 4 1,941 -1%
Shafter 20,743 5,599 30 $59,285 4 2,144 1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Bakersfield, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Bakersfield

View All Commercial Real Estate For Sale in Bakersfield
Is Bakersfield a good market for a first-time commercial real estate investor?

Bakersfield offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Bakersfield?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Bakersfield. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Bakersfield?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Bakersfield. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Bakersfield compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Bakersfield. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Bakersfield acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Bakersfield, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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