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    2500 Calloway Dr Bakersfield, CA 93312

    Sponsored
    For Sale
    $995,000

    0.56-acre C-2 zoned lot, prime retail location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Exceptional opportunity to acquire a 0.56-acre commercial land parcel ideally situated at 2500 Calloway Drive, Bakersfield, CA 93312. This fee-simple property, identified by APN 368-111-02, 06 & 07, is zoned C-2, allowing for a diverse range of commercial development options. The site presents significant potential for retail redevelopment, boasting a buildable area ranging from 1,250 to 5,000 square feet. Ample parking is available, accommodating up to 22 vehicles. Its strategic location in Bakersfield offers immediate access to a substantial consumer base. Within a 10-mile radius, over 550,000 potential customers reside, with an average household income exceeding $65,000. This high-traffic area, proximate to major retailers, ensures excellent visibility and accessibility for any commercial venture. The asking price for this exceptional property is $995,000. This represents a compelling investment opportunity in a thriving Bakersfield market. The property's location near major retailers and its substantial potential customer base make it an attractive proposition for businesses seeking a strong foothold in this dynamic region. Don't miss this chance to secure a prime commercial location in Bakersfield.

    Property Features for 2500 Calloway Dr

    General Information

    Property type
    Land
    Lot Size
    24,394 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -119.10998419763
    Latitude
    35.382141946585

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    FAQs

    What type of property is this?
    Land - 0.56-acre C-2 zoned lot, prime retail location.
    Where is this land located?
    The property is located at 2500 Calloway Dr Bakersfield, CA.
    What is the asking price?
    The asking price for this property is $995,000.
    (661) 599-3138
    Request Owner's contact information
    2500 Calloway Dr Bakersfield, CA 93312
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    Bakersfield, CA 93312
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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
    2500 Calloway Dr Bakersfield, CA 93312
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