Property profile

3333 Union Ave Bakersfield, CA 93305

FOR LEASE
Commercial land
Property ID
US10-2255335
Entity Owned 4-yr Hold
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Property summary

AI-generated overview

This 10,000-square-foot vacant lot at the intersection of Union Avenue and 34th Street in Bakersfield offers exceptional visibility, with over 35,000 vehicles passing daily. Adjacent to a busy ARCO gas station and sharing a parking area with a high-traffic Taco Bell, this location benefits from strong foot and vehicle traffic, making it ideal for retail, drive-thru restaurants, or franchises. Flexible leasing options are available, including long-term ground leases (up to 30 years) or build-to-suit opportunities tailored to your business needs. Price and terms are negotiable. Zoning details and incentives are available upon request. Contract through listing agent. With unmatched exposure and accessibility, this lot is a prime choice for growth. bikeScore: 38, Somewhat Bikeable walkScore: 49, Car-Dependent transitScore: 37, Some Transit

Property profile

Verified
Property type Commercial land
UPID US10-2255335

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store
  • Atm
  • Gas Station

Location

3333 Union Ave Bakersfield, CA 93305
Bakersfield metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2021
1 recorded transaction
2021
$2.0M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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