1702 Hwy 46 Wasco, CA 93280-1227
- Gas stations
- 4,379 SF
- 1.00 lot acres
Current Use by Public Records
- Gas stations
Property Details for 1702 Hwy 46
- Year built
- 2018
- Construction
- WOOD FRAME
- Lot size
- 1.00 lot acres
- Property size
- 4,379 SF
- Zone code
- C-R
- Property type
- Gas stations
- APN
- 487-040-46-00-5
- APU
- 48704046005
Description
This exceptional 1,380 square foot retail space is available for lease at 1702 Highway 46, Unit B, in Wasco, California. Located within a bustling gas station and convenience store complex, this property benefits from high visibility and significant foot traffic on Highway 46. The space is currently in shell condition, offering a blank canvas for a variety of retail uses. Ideal for fast food or restaurant concepts, this location presents a unique opportunity to establish a thriving business. The surrounding area boasts a strong concentration of established businesses, including AM/PM, Best Western Plus, Denny's Restaurant, Dollar General, Grocery Outlet, Carl's Jr, and a Chevron gas station, ensuring a steady flow of potential customers. The property's proximity to residential areas and schools further enhances its appeal and provides access to a substantial consumer base. The entire property sits on a one-acre lot, offering ample space and potential for future expansion. The asking lease price is $3450. The total building size is 4,379 square feet. This is a prime opportunity to secure a highly visible and strategically located retail space in a thriving community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $425,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $460,000
- 6.5%
- $405,000
- 7%
- $385,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $360,000
- Geo Method
- $370,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $470,000
- Retail
- $430,000
- Mixed-Use
- $485,000
- Hospitality
- $460,000
- Educational
- $445,000
- Residential Income
- $395,000
- Energy
- $510,000
- Income-Based Land
- $535,000
- Food Service
- $420,000
Location Insight
- Map
- Local Demand
- City
- Wasco
- County
- Kern
- State
- California
- Longitude
- -119.345
- Latitude
- 35.6019
- CBSA code
- 12540
- CBSA name
- BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA