2011 19Th St Bakersfield, CA 93301
- Medical offices
- 1,619 SF
- 0.11 lot acres
Current Use by Public Records
- John B Schlaerth, MD / Gynecologist
- Pacific Gynecologic Specialist / Gynecologist
Property Details for 2011 19Th St
- Year built
- 1952
- Construction
- WOOD
- Lot size
- 0.11 lot acres
- Property size
- 1,619 SF
- Zone code
- C1
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 004-120-05-00-8
- APU
- 412005008
Description
This exceptional 1,619 square foot medical office building presents a unique owner-user opportunity in Bakersfield's vibrant downtown area. Located at 2011 19th Street, this single-story, freestanding building sits on a 4,791 square foot lot and is zoned C-1 (Limited Commercial) by the City of Bakersfield. Currently leased month-to-month, the tenant will vacate by December 31, 2024, making it ideal for a medical practice seeking a move-in ready space. The building boasts a conventional floor plan including a reception area, waiting room, three exam rooms with sinks, two restrooms, a breakroom with sink, two private offices, and two file rooms. Recent upgrades include a roof replacement approximately 10 years ago and a new HVAC unit installed in 2023. Convenient on-site parking complements ample street parking. Its prime location offers proximity to major downtown hospitals: Mercy Downtown, Bakersfield Adventist, and Bakersfield Memorial. The asking price is $395,000, translating to $243.98 per square foot. This represents a compelling investment opportunity for a medical professional or savvy investor seeking a strong foothold in a thriving downtown Bakersfield market. The property's excellent condition and strategic location make it a highly desirable asset.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $420,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $330,000
- 6.5%
- $285,000
- 7%
- $320,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $330,000
- Geo Method
- $300,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $315,000
- Retail
- $310,000
- Mixed-Use
- $305,000
- Hospitality
- $390,000
- Educational
- $350,000
- Residential Income
- $300,000
- Energy
- $340,000
- Income-Based Land
- $385,000
- Food Service
- $355,000
Location Insight
- Map
- Local Demand
- City
- Bakersfield
- County
- Kern
- State
- California
- Longitude
- -119.025
- Latitude
- 35.376
- CBSA code
- 12540
- CBSA name
- BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
