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    200 Panama Ln Bakersfield, CA 93307

    For Lease
    Contact for pricing

    Southeast Bakersfield: New Retail Development

    Lot size:
    110,032 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Union Square, a brand-new 110,032 square foot retail center, is poised to become a vibrant hub in Southeast Bakersfield. This ±16.92-acre development boasts 14 suites, offering flexible space options ranging from 1,200 square feet to a maximum contiguous space of 22,000 square feet. Currently, 107,820 square feet are available for lease, presenting a unique opportunity for businesses seeking prime retail locations. The property features ample parking with 732 spaces, ensuring convenient access for customers. Strategically located at the northeast corner of South Union Avenue and Panama Lane, Union Square benefits from its proximity to Bakersfield's newest high school campus, Del Oro High School (a $173 million, 58-acre facility), and nearby residential developments currently underway. The single-story building, completed in 2026, is zoned C-2 PD by Kern County and offers a variety of spaces including anchor, pad, and shop space options, making it ideal for a diverse range of retail tenants. The property's APN is 414-190-21-00-4. This prime location in the rapidly growing Southeast Bakersfield submarket presents an exceptional investment opportunity for businesses seeking high visibility and strong potential for growth. Don't miss this chance to be part of a thriving new community.

    Property Features for 200 Panama Ln

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    110,032 SF

    Building Details

    Year Built
    2026
    Stories
    1

    Unit(s) available at that property

    Space
    Building 2
    Size
    6,300 SF
    Space
    Building 1
    Size
    4,400 SF
    Space
    Building 3
    Size
    12,300 SF
    Space
    Building 4
    Size
    22,000 SF
    Space
    Building 5
    Size
    4,800 SF
    Space
    Building 6
    Size
    18,000 SF
    Space
    Building 7
    Size
    22,000 SF
    Space
    Building 8
    Size
    6,000 SF
    Space
    Building 9
    Size
    3,500 SF
    Space
    Building 10
    Size
    2,200 SF
    Space
    Building 11
    Size
    2,900 SF
    Space
    Building 12
    Size
    820 SF
    Space
    Building 13
    Size
    2,600 SF
    Space
    Building 14
    Size
    2,900 SF

    HighLights

    • 110,032 SF retail center with 14 suites available for lease in Southeast Bakersfield.
    • 16.92‑acre site with 732 parking spaces.
    • Spaces range from 1,200 SF to 22,000 SF contiguous; 107,820 SF currently vacant.
    • Located at the northeast corner of South Union Avenue and Panama Lane, near Del Oro High School.
    • New construction (2026 completion), zoned C‑2 PD in Kern County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -119.00312117673
    Latitude
    35.295750066734

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    FAQs

    What type of property is this?
    Retail property - Southeast Bakersfield: New Retail Development
    Where is this retail property located?
    The property is located at 200 Panama Ln Bakersfield, CA.
    What are key features of this property?
    This property features: 110,032 SF retail center with 14 suites available for lease in Southeast Bakersfield.; 16.92-acre site with 732 parking spaces.; Spaces range from 1,200 SF to 22,000 SF contiguous; 107,820 SF currently vacant.
    Request Owner's contact information
    200 Panama Ln 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
    200 Panama Ln Bakersfield, CA 93307
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