409 Fredricks St Barstow, CA 92311
- Office Properties & Spaces
- 1,269 SF
- 0.17 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 409 Fredricks St
- Year built
- 1950
- Construction
- WOOD FRAME
- Lot size
- 0.17 lot acres
- Property size
- 1,269 SF
- Property type
- Office Properties & Spaces
- APN
- 0181-102-14-0000
- APU
- 181102140000
Description
This exceptional mixed-use property, located at 409 Fredricks Street in Barstow, California, presents a compelling investment opportunity. The 1,269 square foot building sits on a 0.17-acre lot and offers significant potential for diverse uses. Previously utilized as office space, the property's zoning allows for continued commercial office use or, with renovation, conversion into residential apartments. The existing structure provides ample space for immediate occupancy or redevelopment. A notable feature is the inclusion of a sizable basement area, which could be renovated into additional apartment space, increasing rental income, or repurposed for business storage. The property's location within a dynamic and diverse area of Barstow offers excellent accessibility and visibility. This presents a unique chance to capitalize on the growing demand for both commercial and residential spaces in the Barstow market. While requiring some attention and potential renovations, the property's inherent value and versatile nature make it an attractive investment for those seeking a high-return project with significant upside. The asking price of $169,000 reflects the opportunity for substantial appreciation after improvements. This is a rare chance to acquire a well-situated property in a thriving area of Barstow, ready for its next chapter.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $165,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $225,000
- 6.5%
- $205,000
- 7%
- $215,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $190,000
- Geo Method
- $175,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $230,000
- Retail
- $190,000
- Mixed-Use
- $190,000
- Hospitality
- $180,000
- Educational
- $230,000
- Residential Income
- $180,000
- Energy
- $205,000
- Income-Based Land
- $245,000
- Food Service
- $195,000
Location Insight
- Map
- Local Demand
- City
- Barstow
- County
- San Bernardino
- State
- California
- Longitude
- -117.023
- Latitude
- 34.8969
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA