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    8926 Union Ave Bakersfield, CA 93307

    For Sale
    $1,500,000

    3.1 Acres, Shop, Residential, High Potential

    Property size:
    3,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 3.1-acre mixed-use property in Bakersfield, CA (93307), presents a unique investment opportunity. The property boasts a substantial 4,000 square foot shop, ideal for a variety of commercial ventures. The zoning, E(2 1/2) RS, allows for diverse uses, maximizing potential returns. Adding to its appeal is a comfortable three-bedroom, two-bathroom residential home situated on the property, providing additional income potential or convenient owner occupancy. A large home office is also included, offering flexibility for remote work or business expansion. Located at 8926 S Union Ave, this property offers significant square footage, ranging from 3,900 to 4,100 square feet, depending on measurement. The asking price is $1,500,000. This turnkey property is ready for immediate occupancy and offers a blend of commercial and residential space, making it an attractive investment for both entrepreneurs and savvy investors seeking a versatile and high-return property in a growing Kern County market. The property's size and zoning provide ample room for future development and expansion, ensuring long-term value and potential for significant appreciation. Don't miss this chance to acquire a truly unique and versatile property in a desirable location.

    Property Features for 8926 Union Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,900 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.0028856
    Latitude
    35.2737546

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    FAQs

    What type of property is this?
    Individual retail property - 3.1 Acres, Shop, Residential, High Potential
    Where is this individual retail property located?
    The property is located at 8926 Union Ave Bakersfield, CA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    Request Owner's contact information
    8926 Union Ave Bakersfield, CA 93307
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    Bakersfield, CA 93307
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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
    8926 Union Ave Bakersfield, CA 93307
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