Property profile

231 Beale Ave Bakersfield, CA 93305

OFF-MARKET
Mixed-use properties
Property ID
US09-1067019
Built 1948
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 231 Beale Avenue in Bakersfield, California, presents a compelling investment opportunity. Priced at $399,000, this property offers significant potential for a variety of uses, given its flexible zoning and strategic location within the vibrant Bakersfield community. While the exact square footage is currently unavailable, the property sits on a zero-acre lot, suggesting a compact and potentially highly efficient layout. The mixed-use designation allows for a blend of commercial and residential applications, making it ideal for entrepreneurs seeking a combined living and working space, or investors looking to develop a multi-unit rental property or a unique commercial venture. Further investigation into zoning regulations and permitted uses is encouraged to fully explore the development possibilities. The property's address in Bakersfield positions it within a dynamic urban environment, offering convenient access to local amenities, transportation networks, and a thriving local economy. This presents a rare chance to acquire a versatile property in a desirable location, making it an attractive proposition for both seasoned investors and first-time buyers seeking a high-return investment. Serious inquiries are encouraged to explore the full potential of this unique Bakersfield property.

Property profile

Verified
Property type Mixed-use properties
Year built 1948
UPID US09-1067019

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
  • Church

Location

231 Beale Ave Bakersfield, CA 93305
Bakersfield metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

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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