5925 Young StBakersfield, CA 93311

For Sale
$4,824,706 View listing
  • Industrial land
  • 1.45 AC

Property Details for 5925 Young St

Lot size
1.45 AC
Zone code
M2
Property type
Industrial land
APN
545-040-09-00-1
APU
54504009001

Description

This exceptional offering presents multiple fully finished commercial land parcels within the established Crossroads Business Park in Bakersfield, California. The available acreage ranges from 1.45 to 8.52 acres, providing flexibility for various development needs. These parcels are zoned M2 for Medium Manufacturing, aligning with a variety of industrial and commercial uses. Each parcel boasts the convenience of having all utilities stubbed to the site, including power conduit, significantly reducing development time and costs. Strategically located approximately two miles west of Highway 99, the property benefits from excellent access to major transportation arteries. Two convenient truck routes are available via White Lane and Panama Lane, ensuring efficient logistics for businesses. The Crossroads Business Park is a master-planned development, offering a well-established and desirable location for commercial ventures. This presents a unique opportunity for businesses seeking a ready-to-develop site with significant infrastructure already in place. The seller is offering attractive financing options, including seller financing for qualified buyers, and is also open to exploring build-to-suit opportunities to meet specific development requirements. The property's APN numbers are 545-040-09, 545-040-12, and 545-040-08. The asking price for this prime commercial land is $4,824,706. This is an unparalleled opportunity to acquire land in a thriving Bakersfield location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $20,623,434
    Hospitality
    $18,890,954
    Educational
    $15,717,052
    Medical
    $16,257,586
    Retail
    $24,448,748
5925 Young St, Bakersfield, California
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Location Insight

City
Bakersfield
County
Kern
State
California
Latitude
35.3009
Longitude
-119.099
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
$6,139
$467,160
-
$467,160
-
-
-
-

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