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Property profile & analytics
OFF-MARKET Estimated value $2,010,000
Strip malls

11420 Ming Ave Bakersfield, CA 93311-1367

16,775 SF 1.74 ac lot Built 2015
Trust Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-3730307
Property summary
AI-generated overview

This exceptional 2,518 square foot retail property, located at 11420 Ming Ave, Bakersfield, CA 93311, presents a unique investment opportunity. Situated within the highly desirable Seven Oaks master-planned community, this single-tenant space boasts a prime location at the corner of Buena Vista Road and Ming Avenue, ensuring high visibility and accessibility. The property's Tuscan architectural design, complemented by Italian fountains and Mediterranean landscaping, creates an elegant and inviting atmosphere. The building is situated in Kern County and is classified as a shopping center. Its strategic placement within Seven Oaks, a distinguished Bakersfield neighborhood, guarantees a strong customer base and significant potential for growth. The property's single-tenant occupancy simplifies management and minimizes vacancy risks. This turnkey retail space is ready for immediate occupancy and offers a compelling opportunity for investors seeking a stable and attractive return on investment in a thriving Bakersfield market. The property's aesthetic appeal and convenient location make it an ideal space for a variety of retail businesses. This is a rare opportunity to acquire a well-maintained, high-profile retail property in a prime Bakersfield location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2015
Construction WOOD FRAME
Total area 16,775 SF
Lot 1.74 ac (75,794 SF)
Zoning code C2
APN 522-610-27-00-1
UPID US09-3730307
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Waterfall Cleaners (Bike/Boat/Book/etc) Store
  • Alyssa Knight - By The Knights Real Estate Agency
  • Jordan Apartment Guys-Phil Jordan Real Estate Agency
  • Beautologie Southwest Medspa Spa & Massage Center Alternative Medicine Practice
  • Opulent Day Spa Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.01M
Owner & transaction history
Banducci,debra L Living Trust · 8 yrs held
Banducci,debra L Living Trust
since 2018
3 recorded transactions
2018
$141,500
2018
Price N/A
2017
Price N/A
Zoning & alternative use
C2 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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