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    5202 Young St Bakersfield, CA 93311

    For Sale
    $846,412

    1.39-Acre Commercial Lot, Ready to Build

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1.39-acre commercial lot, located in Bakersfield, California's Gosford Business Park, presents a prime opportunity for development. The property, identified by APN 545-030-16, is fully finished and boasts all utilities stubbed to the site, including conduit for power. Its convenient location offers easy access to Highway 99, situated approximately two miles west, and benefits from two readily available truck routes via White Lane and Panama Lane. Zoned M-2 for Medium Manufacturing by the City of Bakersfield, this parcel provides 60,548 square feet of buildable land. The property's versatility is further enhanced by the possibility of combining it with an adjacent parcel (Parcel 16) to create a larger 3.34-acre development site. For qualified buyers, seller financing is available, subject to credit approval. Furthermore, the seller is open to exploring build-to-suit options, offering flexibility and potential cost savings for the right project. This is an exceptional opportunity to acquire a fully prepared commercial lot in a strategic location with convenient access to major transportation arteries. The asking price for this ready-to-develop property is $846,412.

    Property Features for 5202 Young St

    General Information

    Property type
    Land
    Lot Size
    60,548 SF

    HighLights

    • 1.39‑acre (60,548 SF) parcel.
    • M2 Medium Manufacturing zoning, City of Bakersfield.
    • Fully improved site with utilities stubbed and power conduit.
    • ~2 miles west of Hwy 99, accessible via White Ln & Panama Ln truck routes.
    • Combinable with adjacent parcel for a total of 3.34 acres.
    • Seller financing offered.
    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
    -119.098094
    Latitude
    35.307953

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    FAQs

    What type of property is this?
    Land - 1.39-Acre Commercial Lot, Ready to Build
    Where is this land located?
    The property is located at 5202 Young St Bakersfield, CA.
    What is the asking price?
    The asking price for this property is $846,412.
    What are key features of this property?
    This property features: 1.39-acre (60,548 SF) parcel.; M2 Medium Manufacturing zoning, City of Bakersfield.; Fully improved site with utilities stubbed and power conduit.
    (661) 631-3812
    Request Owner's contact information
    5202 Young St Bakersfield, CA 93311
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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
    5202 Young St Bakersfield, CA 93311
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