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City of Bakersfield·California

Request for Statements of Interest (FRI) Lease and Development of Parcels of Land at Bakersfield Municipal Airport

Closes 3/5/2026$2M – $10MRequest for Expression of Interest
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Description

The City of Bakersfield is seeking interested parties to submit a non‑binding Statement of Interest to lease and develop six airport parcels (≈ 5.1 acres total) for commercial or non‑commercial aeronautical uses. The lease may extend up to 40 years and the developer will be responsible for constructing required infrastructure (taxi‑lane connections, utilities, buildings, etc.) and operating the facilities for activities such as aircraft storage, maintenance, flight training, fueling, or other aviation‑related services. The RFI is a preliminary step; financial terms will be negotiated later if the City selects a respondent. • Six parcels in the southwest quadrant of Bakersfield Municipal Airport, total ~221,500 sq ft, with water, sewer, electricity (partial), gas, and telecom access. • Lease term up to 40 years, with flexibility to lease to one or multiple entities and to phase development. • Intended uses include hangars, maintenance bays, fuel farms, flight training centers, charter operations, aircraft sales/showrooms, and other commercial aeronautical activities. • Submission deadline is Feb 26 2026 3 PM PST; responses must be sealed and hand‑delivered to the City’s Public Works office.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Paul Archer(Assistant Public Works Director – Operations)

[email protected]

(661) 326-3350

Key dates

Opened
1/29/2026
Closes
3/5/2026
Duration
40 years

Last updated

Details

Type
Request for Expression of Interest
Industry
Property Development
NAICS
531312
Solicitation №
N/A

Budget estimate

$2,000,000 – $10,000,000

No direct payment amount is disclosed. The developer will generate revenue primarily from lease payments (likely structured as a base rent plus escalations) and from operating the aeronautical facilities (e.g., hangar rentals, fuel sales, training fees). Assuming a modest base rent of $150‑$300 per sq ft per year on the 221,500 sq ft (≈ $33M‑$66M total over 40 years) and additional operating income, a reasonable total earnings range for the developer could be roughly $2 million to $10 million over the lease term, depending on the mix of services offered and market conditions.

AI estimate from the solicitation

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