1001-1043 Stine Rd - Medical FOR SALE


Bakersfield, CA 93309- Wible Orchard
$2,600,000 USD
661-779-0500
1001-1043 Stine Rd, Bakersfield, CA for Sale
$2,600,000 USD
Medical - FOR SALE
1/12
null | 7.01% Cap Rate

1001-1043 Stine Rd
Bakersfield, CA 93309
Wible Orchard


HIGHLIGHTS

  • Significant Value-Add Opportunity: Includes approximately ±1 acre of surplus developable land within the 2.14-acre site.
  • Strong tenant mix: medical (dentist, Miracle Ear), beauty (lashes, Botox, nails), real estate, construction, insurance & church.
  • High-visibility location directly off Ming Ave freeway exit – excellent access & traffic counts Ideal 1031 exchange or value-add investment.
  • Turnkey Core-Plus Profile: Built in 2003 across three well-maintained buildings totaling ~15,984 SF on 2.14 acres, with abundant parking.
  • Prime High-Traffic Location: Direct frontage on Stine Road with excellent visibility and proximity to the Ming Avenue corridor.
  • Secure, Fully Gated Campus: Perimeter protected by wrought-iron fencing with gates, security enhancing tenant safety and peace of mind.

OVERVIEW

This fully leased medical and professional office property offers a rare opportunity to acquire a stabilized asset in one of Bakersfield’s most desirable and established submarkets. The property consists of three well-maintained buildings totaling approximately 15,984 square feet of rentable space, situated on a 2.14-acre site. The primary parcel is zoned C-O (Commercial Office), complemented by an additional R-3 parcel that may be converted to C-O, providing both operational stability and future flexibility. The buildings are positioned along Stine Road, creating strong visibility and a clear sense of identity for tenants. The single-story structure is largely dedicated to medical and healthcare uses, while the centrally located two-story building is occupied by a mix of professional office users, including real estate and construction firms. The two-story building on the far right is anchored by a long-term church tenant, contributing to consistent occupancy and dependable income. Parking is conveniently located at both the front and side of the property, allowing for smooth circulation and easy access for employees and visitors. The location offers excellent connectivity, with Highway 99 just minutes away. The surrounding area includes dense residential apartment communities, neighborhood-serving retail, and the Valley Plaza Mall, one of Bakersfield’s primary regional shopping destinations, supporting ongoing tenant demand. Security and accessibility are key features of the property. The site is fully enclosed with wrought-iron fencing, automatic gates, and four separate ingress and egress points. On-site security is provided by CitiGuard Security Services, a tenant at the property, and the parking ratio of approximately five spaces per 1,000 square feet further enhances usability for medical and professional tenants. The tenant roster is well diversified and long tenured, including medical and dental practices, Miracle Ear hearing services, beauty and wellness providers, real estate and construction offices, insurance agencies, CitiGuard Security, and a long-standing community church. This mix supports reliable, recurring income with limited vacancy risk. In addition to the existing improvements, the property includes approximately one acre of surplus land located behind the buildings. Currently zoned R-3 with the ability to convert to C-O, this land offers meaningful future development or expansion potential, adding a layer of long-term upside while maintaining stable in-place cash flow.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$163 USD /SF

CAP RATE

7.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Investment Medical Office Mixed-Use Space

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

2.14 AC

LAND SF

93,218 SF

ZONING

C-O

APN/PARCEL ID

164-380-00-02-4,164-380-20-00-4

ASK ABOUT THIS PROPERTY

Randy SolimanLPT Realty, Inc.More Info
661-779-0500

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Randy SolimanLPT Realty, Inc.More Info
661-779-0500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.