2725 16Th StBakersfield, CA 93301

For Sale
$2,500,000 View listing
  • Medical offices
  • 7,291 SF

Property Details for 2725 16Th St

Year built
2009
Construction
WOOD
Lot size
0.17 AC
Property size (Sq ft)
7,291 SF
Zone code
M1
Property type
Medical offices
Property subtype
Medical centers
APN
004-150-10-00-1
APU
415010001

Description

This exceptional Class A medical office building, located at 2725 16th Street in Bakersfield, CA 93301, offers 6,676 square feet of move-in ready space. Built in 2009, this two-story building is zoned M-1 and features a single tenancy. The property boasts an AAAHC accredited and Medicare certified surgery center, ideal for immediate occupancy. The ground floor comprises approximately 4,900 square feet, including 2,761 square feet of clinical medical space and 2,139 square feet of surgery suite space. The surgery suite is equipped with two operating rooms, three recovery areas, a nurses' station, clean and dirty supply areas, and two ADA-compliant restrooms. The second floor provides approximately 1,776 square feet of versatile general office support space. The building's prime location in downtown Bakersfield offers convenient access to Mercy Hospital and other vital healthcare resources. The seller will consider the sale of existing equipment at an additional cost. This is a rare opportunity to acquire a fully operational, high-quality medical facility in a thriving market. APN: 004-150-10.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,078,709
    6.5%
    $1,918,808
    7%
    $1,781,750
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,386,456
    Geo Method
    $1,386,456
  • Alternative Use

    Use
    Valuation
    Residential
    $2,379,322
    Hospitality
    $2,179,446
    Educational
    $1,813,274
    Medical
    $1,875,635
    Retail
    $2,820,648
2725 16Th St, Bakersfield, California
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Location Insight

City
Bakersfield
County
Kern
State
California
Latitude
35.3721
Longitude
-119.034
CBSA code
12540
CBSA name
BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,661
$64,507
$1,323,797
$1,388,304
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