9517 Rosedale Hwy Bakersfield, CA 93312
- Banks
- 3,056 SF
- 0.23 lot acres
Current Use by Public Records
- Smoke Era / Vaporizer Store / Smoke Shop
Property Details for 9517 Rosedale Hwy
- Year built
- 1977
- Construction
- WOOD
- Lot size
- 0.23 lot acres
- Property size
- 3,056 SF
- Zone code
- C2
- Property type
- Banks
- APN
- 368-111-22-00-4
- APU
- 36811122004
Description
This exceptional opportunity presents the chance to acquire a well-established smoke shop in Bakersfield, CA. Located at 9517 Rosedale Hwy, this 3,056 square foot retail space sits on a 10,018 square foot lot and benefits from high visibility and significant foot traffic due to its position on a major arterial route. The business boasts a spacious interior, ample customer parking, and a strong reputation within the community, ensuring a smooth transition for a new owner. The property is zoned C2 and includes modern amenities, creating a welcoming environment for customers and staff. The asking price is $125,000, translating to $40.90 per square foot. This turnkey operation offers a loyal customer base and strong brand recognition, making it an ideal investment for an entrepreneur seeking a profitable and established business. The single-story building provides ample space for product displays and flexible layouts to meet the needs of a growing business. This is a rare opportunity to own a successful, established business in a prime Bakersfield location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $345,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $470,000
- 6.5%
- $500,000
- 7%
- $505,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $540,000
- Geo Method
- $415,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $465,000
- Retail
- $445,000
- Mixed-Use
- $510,000
- Hospitality
- $580,000
- Educational
- $495,000
- Residential Income
- $435,000
- Energy
- $445,000
- Income-Based Land
- $515,000
- Food Service
- $485,000
Location Insight
- Map
- Local Demand
- City
- Bakersfield
- County
- Kern
- State
- California
- Longitude
- -119.108
- Latitude
- 35.3831
- CBSA code
- 12540
- CBSA name
- BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA