Freestanding Restaurant
For Sale
$799,000
3017 Wilson Rd, Bakersfield, CA 93304
Vacant restaurant facility with multiple dining areas, a bar, large kitchen, restrooms, and possible drive-through configuration.
Property Size4,168 SF
Days on Market57
Property Features for 3017 Wilson Rd
General Information
Standard status
Active
Size
4,168 SF
Property subtype
Free Standing Building
Building Details
Building Size
4,168 SF
Year Built
1989
Listing Agency:
KW Commercial - Central California
Listed By:
Jared Ennis
(559) 705-1000
Source:
Thebrokerlist
Added: Aug 22
Changed: Oct 10
Last Checked: Oct 16 at 5:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial - Central California
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Investment Insights
Based on property information with market context.
Built in 1989, this vacant restaurant property provides approximately 4,168 SF in a freestanding building at White Lane Plaza Shopping Center. The interior includes three dining areas, one bar, a large kitchen, and two private restrooms. A drive-through may be added, subject to applicable approvals. The property also includes a fully paved parking area and a dedicated front entrance.
The building occupies approximately 0.43 acres at 3017 Wilson Rd in Bakersfield, with access from the shopping center. The location is near Valley Plaza Regional Mall and just east of Freeway 99. White Lane Plaza includes Clinica Sierra Vista, Dollar General, Liquor Mart, Kern County Department of Human Services, and other local tenants. The center is reported to experience approximately 73,066 cars per day, and Plaza Tower Apartments is immediately east of the site.
The building occupies approximately 0.43 acres at 3017 Wilson Rd in Bakersfield, with access from the shopping center. The location is near Valley Plaza Regional Mall and just east of Freeway 99. White Lane Plaza includes Clinica Sierra Vista, Dollar General, Liquor Mart, Kern County Department of Human Services, and other local tenants. The center is reported to experience approximately 73,066 cars per day, and Plaza Tower Apartments is immediately east of the site.
Key Highlights
- Approximately 4,168 SF freestanding restaurant building
- Three dining areas, one bar, large kitchen, and two private restrooms
- Potential drive‑through configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,764
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$855,280
$855.3K
Cap Rate 7%
$610,914
$610.9K
Cap Rate 9%
$475,156
$475.2K
Market Conditions
NOI Build-Up for 4,168 SF
Gross rent
$60.0K $14.40/SF
− Vacancy
−$3.0K −$0.72/SF
EGI
$57.0K $13.68/SF
− OpEx
−$14.3K −$3.42/SF
NOI
$42.8K $10.26/SF
Area
Bakersfield, CA
Vacancy
5.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$855,280
Cap Rate 7%
$610,914
Cap Rate 9%
$475,156
Alternative Uses
Best Use
Specialty Retail
$610.9K
$534.6K – $712.7K
NOI $42,764 @ 7.0% cap · market cap 5.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.11M
$967.8K – $1.29M
NOI $77,425 @ 7.0% cap · market cap 9.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
900
Businesses Nearby
598k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 37%
Superstores 28%
Shops & Services 14%
Dining 14%
Target
Superstores
165,788 visits/mo
0.3 miles
Macy's
Apparel
115,174 visits/mo
0.5 miles
JCPenney
Apparel
72,104 visits/mo
0.4 miles
Texas Roadhouse
Dining
33,948 visits/mo
0.4 miles
Dollar Tree
Shops & Services
32,272 visits/mo
0.2 miles
Demographics for 93304, CA
50,837
Population
16,380
Households
3.1
Avg Household Size
31
Median Age
11%
College-Educated
71%
High-School Grad
7.5 sq mi
ZIP Area
6,778
Density / Sq Mi
$51,627
Median Household Income
$31,562
Median Earnings
$1,141
Median Rent
$228,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Bakersfield, CA
Similar Off Market Nearby
- Sakura Buffet — 3632 Ming Ave, Bakersfield, CA 93309
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Vacant restaurant facility with multiple dining areas, a bar, large kitchen, restrooms, and possible drive-through configuration.
Where is this conventional restaurant located?
The property is located at 3017 Wilson Rd Bakersfield, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Approximately 4,168 SF freestanding restaurant building; Three dining areas, one bar, large kitchen, and two private restrooms; Potential drive‑through configuration
