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    1000 California Ave Bakersfield, CA 93304

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    For Sale
    Contact for pricing

    0.27-acre lot, central Bakersfield location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 0.27-acre commercial land parcel presents a unique investment opportunity in the heart of Bakersfield, California. Situated at 1000 California Avenue, this property boasts a highly desirable location adjacent to Bakersfield's newest and most exciting theater. Its proximity to the Rabobank Arena and Convention Center further enhances its appeal, placing it within easy reach of a substantial daytime workforce exceeding 38,000 employees. The property's central location offers unparalleled access to a thriving commercial district, ensuring high visibility and convenient access for businesses. The APN is 006-471-21. This level lot provides a blank canvas for a variety of commercial developments, making it an ideal choice for entrepreneurs and investors seeking a strategic foothold in a dynamic and growing market. The property's size and location make it suitable for a range of commercial uses, offering significant potential for future growth and profitability. Detailed site plans and zoning information are readily available upon request. This is a rare opportunity to acquire a prime commercial land parcel in a high-demand area of Bakersfield. Don't miss out on this exceptional investment prospect. The property is located in Kern County, California, with a zip code of 93304.

    Property Features for 1000 California Ave

    General Information

    Property type
    Land
    Lot Size
    11,761 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Maya Cinemas Bakersfield Movie Theater

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store 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
    -119.01188745446
    Latitude
    35.369079842034

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    FAQs

    What type of property is this?
    Land - 0.27-acre lot, central Bakersfield location
    Where is this land located?
    The property is located at 1000 California Ave Bakersfield, CA.
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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
    1000 California Ave Bakersfield, CA 93304
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