217 Shafter Ave Shafter, CA 93263
- Auto shops
- 3,066 SF
- 0.21 lot acres
Current Use by Public Records
- Auto shops
Property Details for 217 Shafter Ave
- Year built
- 1982
- Construction
- WOOD
- Lot size
- 0.21 lot acres
- Property size
- 3,066 SF
- Zone code
- C-2
- Property type
- Auto shops
- APN
- 026-172-09-00-9
- APU
- 2617209009
Description
This exceptional 15,681 square foot lot, located at 217-219 South Shafter Avenue in Shafter, California, presents a rare build-to-suit opportunity for a fast-food restaurant with a drive-thru. The property boasts a highly visible corner location at the southwest intersection of South Shafter Avenue and Beth Eden Street, ensuring maximum exposure to the significant traffic flow in this bustling area. The existing single-story building, constructed in 1973, totals 4,946 square feet, with 3,200 square feet currently vacant, providing ample space for a new construction project. The property's APN is 026-172-10 & 026-172-09, and it is situated within Kern County, offering easy access to major transportation routes and a thriving community. This build-to-suit opportunity allows for complete customization to meet the specific needs of a fast-food operator, maximizing efficiency and profitability. The site's strategic location and ample space make it an ideal investment for a business seeking high visibility and convenient access for customers. This is a turnkey opportunity to establish a successful fast-food operation in a prime Kern County location. The property is zoned for commercial use.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $440,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $485,000
- 6.5%
- $470,000
- 7%
- $490,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $460,000
- Geo Method
- $550,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $555,000
- Retail
- $470,000
- Mixed-Use
- $545,000
- Hospitality
- $415,000
- Educational
- $520,000
- Residential Income
- $450,000
- Energy
- $520,000
- Income-Based Land
- $420,000
- Food Service
- $520,000
Location Insight
- Map
- Local Demand
- City
- Shafter
- County
- Kern
- State
- California
- Longitude
- -119.279
- Latitude
- 35.4988
- CBSA code
- 12540
- CBSA name
- BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA