Property profile

1700 24th St Bakersfield, CA 93301

OFF-MARKET
Auto shops
Property ID
US09-0324650
6,760 SF 0.51 ac lot Built 1991
Entity Owned 19-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 3,000-square-foot warehouse space presents a fantastic opportunity for businesses seeking a prime location in downtown Bakersfield, California. Situated at 1700 24th Street, this single-tenant property boasts high visibility due to its placement at the signalized intersection of 24th Street and H Street. The property is classified as both retail and industrial, offering versatility for a range of potential uses. Located in Kern County, the warehouse is conveniently situated within the vibrant downtown area, providing easy access to local amenities, transportation routes, and a strong workforce. The building's 3,000 square feet of vacant space provides ample room for operations, storage, or retail display. The property's address is 1700 24th Street, Bakersfield, CA 93301. This is a single-tenant occupancy property, offering a streamlined and efficient space for your business needs. The property's location at a signalized intersection ensures high visibility and accessibility for customers and employees alike. This presents a unique opportunity to establish a strong presence in a thriving downtown Bakersfield commercial district. The property's classification as both retail and industrial allows for a wide range of potential uses, making it an attractive option for diverse businesses. Serious inquiries are encouraged to explore this exceptional commercial space.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1991
Construction WOOD
Total area 6,760 SF
Lot 0.51 ac (22,215 SF)
APN 001-282-09-00-0
UPID US09-0324650

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
  • Freight Service Logistics Company
  • Auto Repair Shop
  • Car Rental Facility

Location

1700 24th St Bakersfield, CA 93301-3951
Bakersfield metro Census 1600 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$835k

Owner & transaction history

since 2007
5 recorded transactions
2007
Price N/A
2005
Price N/A
2004
Price N/A
1999
$560,000
1995
$39,500

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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