Technical
Financial
Distress signals
Property profile

355 Dover Pkwy Delano, CA 93215

OFF-MARKET
Office buildings
Property ID
US09-3879684
9,889 SF 0.66 ac lot Built 2019
Entity Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

This 900-square-foot office space in Delano, CA, presents a fantastic opportunity for businesses seeking a convenient and well-appointed location. Situated at 355 Dover Parkway, Unit A1, this corner unit boasts an abundance of natural light, creating a bright and welcoming atmosphere. The property's strategic location offers exceptional visibility and accessibility, being conveniently located near a Walmart and a soon-to-be-constructed DMV. The interior layout is designed for optimal functionality, featuring an existing reception desk, ready to welcome clients and visitors. A significant advantage is the inclusion of a separate sink and plumbing, perfectly suited for a variety of uses, including a potential hairdressing or washing area. The open floor plan provides flexibility for customizing the space to meet specific business needs, allowing for efficient workflow and creative design solutions. This property is priced at $1700 and is an ideal choice for businesses seeking a well-positioned, versatile, and ready-to-occupy office space in a thriving Delano community. The property sits on a 0-acre lot.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 2019
Construction WOOD FRAME
Total area 9,889 SF
Lot 0.66 ac (28,749 SF)
Zoning code GC
APN 422-010-29-00-4
UPID US09-3879684

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
  • Medical Clinic
  • Pharmacy
  • Grocery & Convenience Store Food Market
  • Law Firm

Location

355 Dover Pkwy Delano, CA 93215-3440
Delano metro Census 4802 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.87M
Comparable Approach Comparable
$1.84M
Blend (final) Blend
$1.78M

Owner & transaction history

since 2013
2 recorded transactions
2023
Price N/A
2013
$80,000

Zoning & alternative use

GC · Delano, CA
Zoning description

In only the DC, NC, GC, CRC, I, or CF zone districts, excepting the provisions of Section 20.2.90.2.f. above, placement of temporary buildings, commercial cargo/storage containers, trailers, coaches and similar items may…

General category COMMERCIAL
Top alternative use upside
Medical building $2.1M +8.8%

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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