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    231 Beale Ave Bakersfield, CA 93305

    For Sale
    $399,000

    Prime Bakersfield location, 399k, mixed-use potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional mixed-use property, located at 231 Beale Avenue in Bakersfield, California, presents a compelling investment opportunity. Priced at $399,000, this property offers significant potential for a variety of uses, given its flexible zoning and strategic location within the vibrant Bakersfield community. While the exact square footage is currently unavailable, the property sits on a zero-acre lot, suggesting a compact and potentially highly efficient layout. The mixed-use designation allows for a blend of commercial and residential applications, making it ideal for entrepreneurs seeking a combined living and working space, or investors looking to develop a multi-unit rental property or a unique commercial venture. Further investigation into zoning regulations and permitted uses is encouraged to fully explore the development possibilities. The property's address in Bakersfield positions it within a dynamic urban environment, offering convenient access to local amenities, transportation networks, and a thriving local economy. This presents a rare chance to acquire a versatile property in a desirable location, making it an attractive proposition for both seasoned investors and first-time buyers seeking a high-return investment. Serious inquiries are encouraged to explore the full potential of this unique Bakersfield property.

    Property Features for 231 Beale Ave

    General Information

    Property type
    Mixed-use properties

    Building Details

    Year Built
    1948
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grace Christian Center Church

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -118.9918
    Latitude
    35.36953

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Bakersfield location, 399k, mixed-use potential.
    Where is this mixed-use property located?
    The property is located at 231 Beale Ave Bakersfield, CA.
    What is the asking price?
    The asking price for this property is $399,000.
    (661) 900-5117
    Request Owner's contact information
    231 Beale Ave Bakersfield, CA 93305
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    231 Beale Ave Bakersfield, CA 93305
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