4705 New Horizon BlvdBakersfield, CA 93313

Property Details for 4705 New Horizon Blvd

Year built

1984

Construction

WOOD

Lot size

1.72 AC

Property size (Sq ft)

24,952 SF

Zone code

M1

Property type

Office properties

Property subtype

Office buildings

APN

404-112-12-00-5

APU

40411212005

Description

This exceptional 1,904 square foot flex space, situated within the desirable Stockdale Industrial Park in Southwest Bakersfield, California, presents a fantastic opportunity. Located at 4705 New Horizon Blvd, Bakersfield, CA 93313, this single-story building offers a blend of warehouse and office space, perfect for a variety of businesses. The property boasts a ceiling height ranging from 13 to 15 feet, providing ample vertical space for storage or specialized equipment. Convenient access is ensured by the inclusion of one drive-in door. The building itself is a first-class concrete tilt-up structure, known for its durability and strength. The property is professionally managed, and benefits from the presence of established tenants, creating a thriving and collaborative environment. This location is easily accessible, situated south of White Lane and just east of Stine Road, offering excellent connectivity to major transportation routes. The property is currently available for lease, offering a chance to establish your business in a prime industrial location. The total building size is 2,040 square feet, with 1,904 square feet currently vacant. This space is ideal for businesses seeking a functional and well-maintained industrial space in a thriving Bakersfield location.

• CAP approach

  CAP return

  Valuation

  6%

  $7,115,762

  6.5%

  $6,568,395

  7%

  $6,099,224

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,744,872

  Geo Method

  $4,744,872

• Alternative Use

  Use

  Valuation

  Residential

  $8,144,810

  Hospitality

  $7,460,602

  Educational

  $6,207,134

  Medical

  $6,420,606

  Retail

  $9,655,541

Location Insight

City

Bakersfield

County

Kern

State

California

Latitude

35.3136

Longitude

-119.055

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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