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Property profile & analytics
OFF-MARKET Estimated value $530,000
Retail space

3601 Ming Ave Bakersfield, CA 93309-5103

15,000 SF 0.55 ac lot Built 1973
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-2743739
Property summary
AI-generated overview

This exceptional retail opportunity presents 8,500 square feet of vacant space within a larger 15,000 square foot shopping center located at 3601 Ming Avenue in Bakersfield, California. The property boasts a highly desirable location, situated conveniently off the 99 freeway, ensuring excellent visibility and accessibility for customers. This newer construction space is in excellent condition and offers a significant advantage for businesses seeking a move-in ready location. The ample parking with 63 spaces caters to the needs of both tenants and their customers. The property sits on a substantial 47,000 square foot lot, providing ample room for expansion or outdoor amenities. The unit is part of a multi-tenant shopping center, creating a synergistic retail environment. The property's address is 3601 Ming Ave, Bakersfield, CA 93309, and is located in the Bakersfield submarket of Kern County. The APN is 44013110002. This space is ideal for businesses seeking high visibility and convenient access in a thriving Bakersfield retail corridor. The minimum divisible space is 8,500 square feet, making it perfect for a variety of retail uses. Don't miss this chance to establish your business in a prime location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1973
Construction WOOD
Total area 15,000 SF
Lot 0.55 ac (23,958 SF)
APN 440-131-03
UPID US09-2743739
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
Current use
Occupant on record · Public records
  • HUSTLER® Hollywood (Bike/Boat/Book/etc) Store
  • LL Flooring Carpet & Flooring Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$530k
CAP Approach CAP
by Request
Comparable Approach Comparable
$459k
Blend (final) Blend
$530k
Owner & transaction history
Yale Investment Group LLC · 10 yrs held
Yale Investment Group LLC
since 2016
1 recorded transaction
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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