• 1001 Tower Way
  • 1001 Tower Way
  • +3 images 1001 Tower Way

1001 Tower Way

Off-Market

1001 Tower Way, Bakersfield, CA 93309

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 32,000 SF
  • Lot Size 3.05 Acre
  • Parking Spaces Avail. 121
  • Parking Ratio 3.81 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1983

Location

Getting Around

  • Walk Score ®

    59/100 Somewhat Walkable

  • Transit Score ®

    33/100 Some Transit

  • Bike Score ®

    66/100 Bikeable
Powered by Walk Score ®
  • City Bakersfield, CA
  • Neighborhood Park Stockdale
  • Zip Code 93309
  • Market Central Valley

Points of Interest

  • Bakersfield

    3.07 miles

  • Arco

    1.32 miles

  • Mobil

    1.45 miles

  • Shell

    1.47 miles

  • Arco

    1.74 miles

  • Arco

    1.83 miles

  • AMPM

    2.02 miles

  • Whitewater Carwash and Lube

    2.06 miles

  • Whitewater Carwash and Lube

    2.07 miles

  • Arco

    2.35 miles

  • Chevron

    3.08 miles

  • STOCKDALE Road Park abd Ride

    1.35 miles

  • The Home Depot

    2.57 miles

  • Lot I

    2.61 miles

  • Lot H

    2.68 miles

  • Lot F

    2.70 miles

  • Lot G

    2.72 miles

  • Xerox Employee Parking

    3.55 miles

  • Burger King Parking Lot

    3.76 miles

  • Los Hermanos Parking Lot

    3.77 miles

  • South West Parking Lot

    5.66 miles

  • Four Points by Sheraton Bakersfield

    0.31 miles

  • Residence Inn Bakersfield

    0.87 miles

  • Extended Stay America - Bakersfield - Chester Lane

    0.91 miles

  • Rodeway Inn & Suites

    0.97 miles

  • Super 8 by Wyndham Bakersfield/Central

    0.99 miles

  • Motel 6 Bakersfield, CA - Convention Center

    1.01 miles

  • Motel 6

    1.02 miles

  • Days Inn

    1.08 miles

  • Ramada

    1.10 miles

  • Extended Stay America - Bakersfield - California Avenue

    1.19 miles

  • Farmers Boy

    0.48 miles

  • Mexicali

    0.56 miles

  • Jack in the Box

    0.60 miles

  • Panda Express

    0.62 miles

  • McDonald's

    0.64 miles

  • Chick-fil-A

    0.66 miles

  • Jollibee

    0.67 miles

  • In-N-Out Burger

    0.69 miles

  • Chipotle

    0.71 miles

  • Subway

    0.72 miles

  • Santa Barbara Business College

    0.32 miles

  • Wayne Van Horn Elementary School

    0.54 miles

  • San Joaquin Valley College - Bakersfield

    0.79 miles

  • Caroline Harris Elementary School

    0.81 miles

  • Stockdale Elementary School

    1.19 miles

  • Saint Johns School

    1.25 miles

  • West High School

    1.42 miles

  • Munsey Elementary School

    1.46 miles

  • Curran Junior High School

    1.70 miles

  • Saint Francis School

    1.74 miles

  • Greenfield Country Preschool

    6.39 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 02 Apr, 2013
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Bakersfield

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Bakersfield Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $24.99
  • 2021 Office Vacancy Rate 11.89%
  • 2021 Office Completions (SF) 62,000

Bakersfield Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $230.75
  • 2021 Office Sales Volume $74.3M
  • 2021 Number of Transactions 8
View more Bakersfield market trends

Frequently Asked Questions

What is the total square footage of 1001 Tower Way?

1001 Tower Way totals 32,000 square feet.

When was this property built?

1001 Tower Way was built in 1983.

When was 1001 Tower Way last sold?

1001 Tower Way was last sold on 02 Apr, 2013.

What is the property tax for 1001 Tower Way?

The property tax for 1001 Tower Way in 2022-2023 was $35,697.

What is the market value for 1001 Tower Way?

The market value* for 1001 Tower Way in 2022-2023 was $2,976,000.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

Tax

  • Property Tax in 2022-2023 $35,697
  • Market Value* $2,976,000
  • Assessed Value $2,976,000

Find more tax info, including assessment history and abatements, on CommercialEdge.

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

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