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Property profile & analytics
OFF-MARKET
Turn key restaurants

2345 Alta Vis Dr Bakersfield, CA 93305-2503

7,496 SF 0.26 ac lot Built 1946
Entity Owned 2-yr Hold Free & Clear
Property ID
US09-3400857
Property summary
AI-generated overview

This exceptional 7,496-square-foot commercial property, located at 2345 Alta Vista Dr, Bakersfield, CA 93305, presents a unique investment opportunity. Currently vacant, this single-tenant building offers a versatile space ideal for a restaurant or social event hall. Situated on a sizable 11,325-square-foot lot, the property boasts a prominent corner location in the Alta Vista area, near the Panorama Vista Preserve, ensuring high visibility and accessibility. The building is a single-story structure, zoned C-1, providing flexibility for various commercial uses. The property's Kern County location, specifically within the Northeast Bakersfield submarket (APN 125-160-01), offers access to a thriving community. With its ample square footage and desirable location, this property is perfectly positioned to capitalize on the area's growing demand for commercial spaces. The significant size of the lot also allows for potential expansion or outdoor amenities. This is a rare opportunity to acquire a well-situated, substantial commercial property in a dynamic Bakersfield neighborhood. Serious inquiries are encouraged.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1946
Construction WOOD
Total area 7,496 SF
Lot 0.26 ac (11,325 SF)
Zoning code C-1
APN 125-160-01-00-0
UPID US09-3400857
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Cv Venturers LLC · 2 yrs held
Cv Venturers LLC
since 2023
Last sale
$250,000
3 recorded transactions
2023
$250,000
1993
$280,554
1990
$162,004
Zoning & alternative use
C-1 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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