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Property profile & analytics
OFF-MARKET Estimated value $280,000
Retail space

2333 Brundage Ln Bakersfield, CA 93304-2705

3,094 SF 0.37 ac lot Built 1991
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-3268016
Property summary
AI-generated overview

This exceptional 3,000 square foot retail space, situated in the bustling Brundage Square shopping center, presents a fantastic opportunity for a restaurant operator. Located at 2333 Brundage Lane, Bakersfield, CA 93304, on the southwest corner of Brundage Lane and Hughes Lane, this single-story building boasts a prime location at a signalized intersection with a high traffic count of 17,538 AADT. The property features a total building size of 3,000 square feet, all of which is currently vacant and available for lease. The lot size is substantial at 16,117 square feet, offering ample space for outdoor seating or additional development, if desired. Built in 1991, the building is zoned C-2, making it ideally suited for a variety of restaurant concepts, particularly those with drive-thru capabilities. The property's APN is 147-440-02. This is a single-tenancy building offering excellent visibility and accessibility for customers. Don't miss this chance to establish your business in a high-traffic, well-established Bakersfield commercial area. Contact us today to learn more about leasing this exceptional property.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1991
Construction WOOD
Total area 3,094 SF
Lot 0.37 ac (16,117 SF)
Zoning code C-2
APN 147-440-02-00-4
UPID US09-3268016
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k
Owner & transaction history
Brundage Partners LLC · 9 yrs held
Brundage Partners LLC
since 2017
7 recorded transactions
2024
Price N/A
2020
Price N/A
2017
Price N/A
2016
$2.6M
2008
$100,000
2004
$2.1M
1996
$2.5M
Zoning & alternative use
C-2 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purpose of C-2 zone is to permit development of concentrated large-scale retail operations providing a broad range of goods and services which serve the metropolitan market area

Zone name Commercial
General category COMMERCIAL
Zone area 2,747.80 ac
Source Realmo
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