3101 Mall Vw Rd Bakersfield, CA 93306-3059
- Turn key restaurants
- 8,632 SF
- 2.03 lot acres
Current Use by Public Records
- Community Action Partnership of Kern - Central Kitchen / County Government Office
Property Details for 3101 Mall Vw Rd
- Year built
- 1993
- Construction
- WOOD
- Lot size
- 2.03 lot acres
- Property size
- 8,632 SF
- Zone code
- P.C.D.
- Property type
- Turn key restaurants
- APN
- 130-161-68-00-0
- APU
- 13016168000
Description
This exceptional 8,632-square-foot freestanding building, situated on a spacious 2.03-acre lot, presents a unique investment opportunity in Northeast Bakersfield. Built in 1996, this single-story structure previously operated as a restaurant and is ideally located within the thriving East Hills Mall Development area, a primary retail hub serving the Northeast Bakersfield community. The property benefits from high visibility and excellent access, surrounded by established national retailers including Office Max, Home Depot, Target, Walmart, Big Lots, Big 5 Sporting Goods, and dd's Discounts. The planned City Lights Shopping Center further enhances the area's retail appeal and projected growth. The building's single-tenant configuration offers flexibility for a variety of uses, and the expansive lot provides ample space for potential expansion or outdoor amenities. This property is also available for a ground lease, providing additional investment options. The address is 3101 Mall View Road, Bakersfield, CA 93306. This prime location and substantial building size make this an attractive proposition for discerning investors seeking a strong foothold in a dynamic retail market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,560,000
- 6.5%
- $1,560,000
- 7%
- $1,595,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,525,000
- Geo Method
- $1,470,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,880,000
- Retail
- $1,550,000
- Mixed-Use
- $1,735,000
- Hospitality
- $1,475,000
- Educational
- $1,405,000
- Residential Income
- $1,925,000
- Energy
- $1,415,000
- Income-Based Land
- $1,680,000
- Food Service
- $1,725,000
Location Insight
- Map
- Local Demand
- City
- Bakersfield
- County
- Kern
- State
- California
- Longitude
- -118.958
- Latitude
- 35.3935
- CBSA code
- 12540
- CBSA name
- BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
