1326 H StBakersfield, CA 93301

  • Office properties
  • 8,104 SF
For Lease
$22.20/SF/YR View listing

Property Details for 1326 H St

Year built
1980
Construction
WOOD
Lot size
0.37 AC
Property size (Sq ft)
8,104 SF
Zone code
CC
Property type
Office properties
Property subtype
Office buildings
APN
006-411-01-00-1
APU
641101001

Description

This exceptional commercial property at 1326 H St, Bakersfield, CA 93301, offers a diverse range of office spaces ideal for various business needs. The two-story building, constructed in 1980 and boasting 8,104 square feet, comprises five suites within a single building. The property is zoned C-C and features ample parking with 24 spaces available. Suite sizes range from 99 square feet to 1,284 square feet, accommodating businesses of all sizes. The building's classification is Class C. Currently, the property is occupied by a mix of tenants including a beauty salon, podiatrist, and healthcare agency, indicating a strong existing tenant base. The property is centrally located in Bakersfield, offering convenient access to amenities and transportation. Utilities are included in a modified gross lease structure, providing cost predictability for tenants. Recent renovations enhance the property's appeal, and flexible lease terms are available to accommodate individual business requirements. The property's diverse suite sizes and flexible lease options make it an excellent choice for a variety of businesses seeking a well-maintained and conveniently located office space in Bakersfield. The APN is 006-411-01-00-1, and the property is located in Kern County. Six spaces are currently available for lease.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,215,994
    6.5%
    $2,045,533
    7%
    $1,899,423
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,541,057
    Geo Method
    $1,541,057
  • Alternative Use

    Use
    Valuation
    Residential
    $2,536,461
    Hospitality
    $2,323,384
    Educational
    $1,933,028
    Medical
    $1,999,508
    Retail
    $3,006,933
1326 H St, Bakersfield, California
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Location Insight

City
Bakersfield
County
Kern
State
California
Latitude
35.3702
Longitude
-119.021
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
$8,334
$197,676
$488,988
$686,664
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-
-
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