5060 California AveBakersfield, CA 93309
- Office properties
- 193,524 SF
For Lease
$19.80/SF/YR
View listing
Property Details for 5060 California Ave
- Year built
- 1983
- Construction
- WOOD
- Lot size
- 2.34 AC
- Property size (Sq ft)
- 193,524 SF
- Zone code
- C-O
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 331-023-12-00-5
- APU
- 33102312005
Description
The Stockdale Tower, a 12-story Class A office building in Bakersfield, CA, offers 176,400 rentable square feet of space. Located at 5060 California Ave (cross street Mohawk), this prominent building boasts 2.34 acres of land and features 650 parking spaces (4.00 ratio). Built in 1983, the property includes four passenger elevators and is zoned C-2 (APN: 331-023-12-00). Multiple office spaces are available, ranging from a minimum of 1,200 square feet to a maximum contiguous space of 15,073 square feet
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $55,184,444
- 6.5%
- $50,939,488
- 7%
- $47,300,952
-
Comparable approach
- Method
- Valuation
- Relative Method
- $36,800,524
- Geo Method
- $36,800,524
-
Alternative Use
- Use
- Valuation
- Residential
- $63,164,964
- Hospitality
- $57,858,768
- Educational
- $48,137,816
- Medical
- $49,793,348
- Retail
- $74,881,048
5060 California Ave, Bakersfield, California
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Location Insight
- City
- Bakersfield
- County
- Kern
- State
- California
- Latitude
- 35.3623
- Longitude
- -119.061
- 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
$232,648
$1,193,604
$17,837,148
$19,030,752
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Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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