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    California Ave & Mervyns Dr Bakersfield, CA 93309

    Sponsored
    For Lease
    Contact for pricing

    Prime Bakersfield retail space, 10,000 sq ft.

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Bakersfield Plaza presents a unique opportunity for retail businesses seeking a prominent location in Kern County, California. This brand-new, single-tenant property boasts a total of 10,000 square feet of vacant space, ready for immediate occupancy. Constructed in 2022, the building is situated at the high-traffic intersection of California Avenue and Mervyns Drive, in Bakersfield, CA 93309. The property is classified as both retail and land, offering significant potential for development or immediate use. The convenient location provides excellent visibility and accessibility for customers. With its modern construction and ample space, Bakersfield Plaza is ideal for a variety of retail concepts. The entire 10,000 square feet is currently available, presenting a rare chance to establish a substantial presence in a thriving Bakersfield market. This single-tenant property offers the advantage of complete control and customization, allowing businesses to tailor the space to their specific needs. The property's classification as both retail and land suggests further development possibilities, making it an attractive investment for long-term growth. Contact us today to learn more about this exceptional retail opportunity.

    Property Features for 0 California Ave & Mervyns Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF

    Building Details

    Year Built
    2022

    Unit(s) available at that property

    Space
    Available space
    Size
    10,000 SF

    HighLights

    • New 10,000 SF ground‑up retail building with semi‑build‑to‑suit options.
    • Signalized intersection with excellent California Ave visibility and signage.
    • Located in a premier Bakersfield shopping center anchored by Hobby Lobby and Burlington.
    • Less than 0.5 miles from Highway 99, boasting over 148,000 vehicles daily.
    • Surrounded by approximately 4 million square feet of office space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.0513944
    Latitude
    35.3668993

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    FAQs

    What type of property is this?
    Land - Prime Bakersfield retail space, 10,000 sq ft.
    Where is this land located?
    The property is located at California Ave & Mervyns Dr Bakersfield, CA.
    What are key features of this property?
    This property features: New 10,000 SF ground-up retail building with semi-build-to-suit options.; Signalized intersection with excellent California Ave visibility and signage.; Located in a premier Bakersfield shopping center anchored by Hobby Lobby and Burlington.
    Request Owner's contact information
    California Ave & Mervyns Dr Bakersfield, CA 93309
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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
    California Ave & Mervyns Dr Bakersfield, CA 93309
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