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16350 Driver Road

Off-Market

16350 Driver Road, Bakersfield, CA 93308

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  • Property Type Industrial - Manufacturing
  • Property Size 192,000 SF
  • Lot Size 69.55 Acre
  • Property Tenancy Vacant
  • Building Class B
  • Year Built 1985

Location

  • City Bakersfield, CA
  • Neighborhood Halfway House
  • Zip Code 93308
  • Market Central Valley

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 13 Aug, 2013
  • Purchase Price
  • Arm's Length True
  • Buyer Name

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
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Bakersfield Office Market

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

  • 2020 Avg. Asking Rent $25.43
  • 2020 Office Vacancy Rate 7.23%
  • 2020 Office Completions (SF)

Bakersfield Office Sales Trends

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

  • 2020 Avg. Price per SF $152.88
  • Y-o-Y Avg. PpSF Change 0.95%
  • 2020 Office Sales Volume $41.5M
  • 2020 Number of Transactions 4
View more Bakersfield market trends

Tax

  • Property Tax in 2021-2022 $140,590
  • Market Value* $11,910,358
  • Assessed Value $11,910,358

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.

Frequently Asked Questions

What is the total square footage of 16350 Driver Road?

16350 Driver Road totals 192,000 square feet.

When was this property built?

16350 Driver Road was built in 1985.

When was 16350 Driver Road last sold?

16350 Driver Road was last sold on 13 Aug, 2013.

What is the property tax for 16350 Driver Road?

The property tax for 16350 Driver Road in 2021-2022 was $140,590.

What is the market value for 16350 Driver Road?

The market value* for 16350 Driver Road in 2021-2022 was $11,910,358.
*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.

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