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Property profile & analytics
OFF-MARKET Estimated value $1,765,000
Retail space

2100 Panama Ln Bakersfield, CA 93307-6536

4,746 SF 0.51 ac lot Built 2014
Entity Owned 1-yr Hold Free & Clear
Property ID
US09-4344329
Property summary
AI-generated overview

This exceptional 4,543-square-foot freestanding retail building is located at 2100 Panama Lane in Bakersfield, California, within the Panama Lane Shopping Center. Built in 2014, this single-tenant property sits on a 22,215-square-foot lot and boasts excellent visibility and accessibility from Panama Lane, a major retail corridor. The building's prime location benefits from high daytime traffic volume and proximity to the Highway 99 on/off ramp. This strategically positioned property enjoys the advantage of being situated near prominent national retailers, including Walmart Supercenter, Lowe's Home Improvement, Aldi, In-N-Out Burger, and Starbucks. The property is zoned PCD and has a Kern County APN of 372-021-24. The entire 4,543 square feet is currently vacant, presenting a unique opportunity for a single tenant to establish a strong presence in a thriving retail area of Southeast Bakersfield. The property's one-story design and ample lot size offer significant potential for various retail uses. This location offers unparalleled access and visibility for businesses seeking to capitalize on the high traffic counts in this established commercial center. The property's address is 2100 Panama Lane, Bakersfield, CA 93304, and is conveniently located near the intersection of Panama Lane and Colony.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2014
Construction WOOD FRAME
Total area 4,746 SF
Lot 0.51 ac (22,215 SF)
Zoning code PCD
APN 372-021-24-00-5
UPID US09-4344329
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
  • Maximina Pharmacy Pharmacy
  • Pure Roofing Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.77M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.77M
Owner & transaction history
Panama 2100 LLC · 1 yrs held
Panama 2100 LLC
since 2024
Last sale
$1.8M
7 recorded transactions
2024
$1.8M
2016
Price N/A
2016
$2.4M
2005
Price N/A
2003
$250,000
2001
Price N/A
2001
Price N/A
Zoning & alternative use
PCD · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The planned commercial development zone is intended to allow for innovative design and diversification in the relationship of various uses, buildings, structures, lot sizes and open spaces while ensuring compliance with the general plan and the intent of the municipal code

Zone name Planned Commercial Development
General category COMMERCIAL
Zone area 527.30 ac
Source Realmo
Top alternative use upside
Neighborhood: shopping center $1.6M +196.6%
Medical building $1.1M +96.6%
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