Industrial Properties in Bakersfield, California, offer a unique investment opportunity for those looking to capitalize on the city's strong economy and strategic location. As a hub for agriculture and energy production, Bakersfield provides a diverse range of industries that drive growth and development. Industrial Properties, in particular, represent a versatile investment option, encompassing warehouses, manufacturing facilities, and distribution centers that cater to various business needs. With its proximity to major transportation routes, including State Route 99, State Route 58, and Interstate 5, Bakersfield's Industrial Properties offer easy access to markets and resources. The city's amenities, such as the Meadows Field Airport, Mechanics Bank Arena, and Kern County Soccer Field, also contribute to its appeal as a prime location for businesses. Additionally, Bakersfield's educational institutions, including California State University, Bakersfield, and Bakersfield College, provide a skilled workforce, making it an attractive destination for companies. The city's geography, with its hot arid climate and proximity to the Sierra Nevada, also makes it suitable for certain industries, such as agriculture and energy production. Overall, Bakersfield's Industrial Properties offer a compelling investment opportunity, with its unique blend of economic, educational, and geographical advantages.
Bakersfield's Industrial Properties are part of a larger landscape of commercial real estate options, including Warehouses, which provide ample storage and distribution space for businesses. Land is also available for development, offering investors the opportunity to create custom facilities tailored to their specific needs. Apartment Buildings and Commercial Real Estate, such as office spaces and retail centers, round out the city's diverse range of property types. With 37 Industrial Properties currently available for sale, investors have a wide range of options to choose from. Whether you're looking to establish a new business or expand an existing one, Bakersfield's Industrial Properties offer a unique combination of accessibility, affordability, and opportunity. The city's strong economy, driven by its oil and agriculture industries, provides a solid foundation for investment, while its amenities and educational institutions ensure a skilled workforce and high quality of life. Overall, Bakersfield's Industrial Properties represent a smart investment choice for those looking to capitalize on the city's growth and development.
What is the average price per square foot for industrial properties in Bakersfield?
The average price per square foot for industrial properties in Bakersfield is $194 USD per square foot, with a total of 37 available listings ranging in size from 36,185 square feet to 470,000 square feet, offering a diverse range of options for investors and businesses looking to establish a presence in this key hub for agriculture and energy production.
How do location and transportation access affect industrial property values?
In Bakersfield, California, the location and transportation access of industrial properties significantly impact their values, with proximity to major highways, rail connections, and airports being key factors in determining their worth.
- Industrial properties situated near State Route 99, State Route 58, and Interstate 5, which provide easy access to Los Angeles and Sacramento, tend to have higher values due to their strategic location.
- Properties with direct rail access, such as those near the Bakersfield Amtrak station, can command higher prices due to the convenience and cost-effectiveness of rail transportation for goods.
- Industrial properties near Meadows Field Airport, which offers cargo services, can also benefit from increased value due to the ease of transporting goods by air.
