4000 Ming Ave Bakersfield, CA 93309
- Commercial land
- 7,520 SF
- 0.67 lot acres
Current Use by Public Records
- One Touch Flooring / General Contractor / Renovation Specialist
- Merriman Hurst & Associates / Real Estate Agency
- Karpe Mortgage Loans / Loan Service
Property Details for 4000 Ming Ave
- Year built
- 1970
- Construction
- WOOD FRAME
- Lot size
- 0.67 lot acres
- Property size
- 7,520 SF
- Zone code
- C1
- Property type
- Commercial land
- APN
- 164-050-21-00-1
- APU
- 16405021001
Description
This exceptional 9,160 square foot retail strip center presents a unique investment opportunity on Ming Avenue in Kern County. Situated on a 1.12-acre lot, this single-story building offers multiple tenancy options, with spaces ranging from 1,200 to 4,500 square feet. The property boasts 61 parking spaces, ensuring ample convenience for customers and employees. Its strategic location along the bustling Ming Avenue corridor provides exceptional street exposure and visibility, benefiting from its proximity to major retailers. The C-1 zoning allows for a variety of retail uses. The center is designed to maximize visibility with pylon signage, further enhancing its appeal to potential tenants. This is a proposed new development, offering a blank canvas for a thriving retail destination. The property's ample parking, combined with its high-traffic location and flexible space options, makes it an ideal investment for both established businesses and new ventures seeking a prominent presence in a thriving retail area. The cross street is Lymric, providing additional access and visibility. This is a rare opportunity to secure a prime retail location in a high-demand area.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $380,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $615,000
- AI Estimate
- $651,000
Market price range: $526k - $1.35MMarket price range: $395k - $1.53M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $900,000 Current use
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Location Insight
- Map
- Local Demand
- City
- Bakersfield
- County
- Kern
- State
- California
- Longitude
- -119.047
- Latitude
- 35.3399
- CBSA code
- 12540
- CBSA name
- BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA