Property profile

1132 Dover St Delano, CA 93215

OFF-MARKET
Retail space
Property ID
US09-2701951
1,414 SF 0.14 ac lot Built 1956
Individually Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This 1,414 square foot vacant restaurant building at 1132 Dover St, Delano, CA 93215, presents a remarkable business opportunity. Located on a 6,098 square foot corner lot, this property boasts exceptional street exposure and ample parking directly across from a school. Its prime location, just blocks from Highway 99, ensures high traffic volume and visibility. Built in 1956, the single-story building is zoned for retail use and offers a blank canvas for a new owner's vision, potentially including a drive-thru. The previous tenant operated a food service business for over 30 years, leaving behind existing equipment including refrigerators, shelving, and a reception/counter. The asking price is $319,999, with a price per square foot of $226.31 and a 7.00% cap rate. The property is being sold "AS IS," and potential buyers are encouraged to verify square footage and conduct thorough due diligence, including inspections. The building has been vacant since late 2022. APN: 037-352-16-00-1. This is a chance to acquire a well-situated property with significant potential for a thriving business in a high-traffic area.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1956
Construction WOOD
Total area 1,414 SF
Lot 0.14 ac (6,098 SF)
APN 037-352-16-00-1
UPID US09-2701951

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering Butcher

Location

1132 Dover St Delano, CA 93215-2125
Delano metro Census 4801 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
1978
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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