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    920 34Th St Bakersfield, CA 93301

    For Lease
    Contact for pricing

    Prime Downtown Bakersfield Lot, C-2 Zoning

    Lot size:
    79,715 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.83-acre commercial lot presents a remarkable investment opportunity in the heart of Bakersfield. Located at the highly visible corner of 34th Street and O Street, this improved property boasts a C-2 zoning designation, opening doors to a wide array of commercial development possibilities. Its strategic location within the thriving Dignity Health-Memorial Hospital corridor places it in close proximity to a significant concentration of medical facilities, including Kern Medical and Clinica Sierra Vista. The surrounding area is further characterized by a robust mix of medical offices, pharmacies, retail establishments, and residential communities, ensuring a strong and diverse customer base. The property's convenient access to major transportation arteries, including SR 178, CA 204, CA 99, and SR 58, enhances its appeal and logistical advantages. This single-tenant lot (APN 120-181-25) offers unparalleled potential for long-term lease or development, making it an ideal asset for discerning investors seeking a prime location in a rapidly growing market. The property's improved status adds further value, streamlining the development process and reducing potential upfront costs. Don't miss this chance to acquire a highly desirable commercial property in a dynamic and expanding area of Bakersfield.

    Property Features for 920 34Th St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    79,715 SF

    Unit(s) available at that property

    Space
    Size
    79,715 SF

    HighLights

    • 1.83‑acre commercial land parcel.
    • Single‑tenant zoning.
    • C‑2 zoning designation.
    • Corner lot at 34th and O Streets.
    • Improved lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    GROW Clinic Medical Clinic

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.01286370421
    Latitude
    35.390996005111

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    FAQs

    What type of property is this?
    Land - Prime Downtown Bakersfield Lot, C-2 Zoning
    Where is this land located?
    The property is located at 920 34Th St Bakersfield, CA.
    What are key features of this property?
    This property features: 1.83-acre commercial land parcel.; Single-tenant zoning.; C-2 zoning designation.
    Request Owner's contact information
    920 34Th St Bakersfield, CA 93301
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    Bakersfield, CA 93301
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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
    920 34Th St Bakersfield, CA 93301
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