Technical
Financial
Distress signals
Property profile

3012 Un Ave Bakersfield, CA 93305

OFF-MARKET
Retail space
Property ID
US09-1780340
1,776 SF 0.08 ac lot Built 1948
Individually Owned 3-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 3,552 square foot warehouse, located at 3012 Union Ave in Bakersfield, California, presents a unique investment opportunity. Built in 1948, the property sits on a 0.08-acre lot and is zoned C-2, offering considerable flexibility for various commercial uses. The asking price is $899,900, translating to $253.35 per square foot. The property features two distinct addresses and separate APNs (01206105 and 01206106), presenting the potential for division into two separate storefronts. This prime location in the desirable lower Alta Vista area of Bakersfield, CA 93305, ensures high visibility and accessibility. The property's versatility, combined with its strategic location and attractive price point, makes it an ideal acquisition for both investors seeking strong returns and owner-users looking for a well-situated commercial space. This is a rare opportunity to acquire a substantial property in a thriving Bakersfield commercial district. The property's potential for subdivision adds significant value, making it a compelling investment prospect. Serious inquiries are encouraged.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1948
Construction WOOD
Total area 1,776 SF
Lot 0.08 ac (3,484 SF)
APN 012-061-05-00-7
UPID US09-1780340

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3012 Un Ave Bakersfield, CA 93305
Bakersfield metro Census 701 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2023
Last sale
$450,000
4 recorded transactions
2023
$450,000
2019
Price N/A
2019
Price N/A
1976
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3012 Un Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message