2050 White Ln Bakersfield, CA 93304-6911
Property profile & analytics
2050 White Ln Bakersfield, CA 93304-6911
- Banks
- 4,946 SF
- 0.77 lot acres
Property ID
US09-1111405
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Chase Mortgage / Loan Service / Bank
- Chase Bank / Bank / Loan Service
- Chase ATM / Atm
- ATM (Wells Fargo Bank) / Atm
Property Details for 2050 White Ln
- Year built
- 2003
- Construction
- WOOD
- Lot size
- 0.77 lot acres
- Property size
- 4,946 SF
- Zone code
- C-2
- Property type
- Banks
- APN
- 405-010-59
- APU
- 40501059
Description
This exceptional investment opportunity presents a fee-simple, single-tenant, net-leased Chase Bank property located at 2050 White Ln, Bakersfield, CA 93304. The 4,708 square foot building, constructed in 2001 and renovated in 2009, sits on a 33,541 square foot lot and boasts a 4.00% cap rate with a current NOI of $128,040. The property features a drive-thru and is situated in a high-traffic area as an outparcel to a Superior Grocers anchored shopping center near the 99 Freeway, presenting potential for future redevelopment. The lease, originally commencing August 9, 2001, has a remaining term of 2.6 years, expiring June 14, 2027, with two five-year lease options and 10% rent bumps every five years. The tenant, Chase Bank, is credit-rated, ensuring consistent income. The asking price is $3,201,000, translating to a price per square foot of $679.91. The property's APN is 405-330-30-00-4. This is a 1031 exchange eligible property offering a strong return on investment with a stable, nationally recognized tenant. Branch deposits as of June 30, 2022, were approximately $129 million. The property is 100% occupied since its opening on August 9, 2001. This is a rare opportunity to acquire a high-quality, net-leased retail property with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Bakersfield
- County
- Kern
- State
- California
- Longitude
- -119.026
- Latitude
- 35.318
- 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
2016
$18,931
$611,729
$1,027,710
$1,639,439
-
$0.00
$0.00
$0.00
