4625 Ming Ave Bakersfield, CA 93309-4821
- Retail space
- 0.56 lot acres
Current Use by Public Records
- Retail space
Property Details for 4625 Ming Ave
- Construction
- WOOD
- Lot size
- 0.56 lot acres
- Property type
- Retail space
- APN
- 440-022-01-00-1
- APU
- 44002201001
Description
This exceptional Class A retail property, formerly a bakery, presents a unique opportunity for sale or lease. Located at 4625 Ming Ave, Bakersfield, CA 93309, this freestanding building boasts 5,100 square feet across two stories, situated on a high-visibility corner lot with easy access to the 99 Freeway. The property features 33 on-site parking spaces, providing ample convenience for customers. The building is zoned C-2 and includes approved plans for patio seating, enhancing its appeal and potential. Internal features include walk-in freezers and refrigerators, ideal for restaurant or food-related businesses. Extensive signage opportunities are available, both monument and building signage, ensuring high brand visibility. The property's APN is 440-022-01, and it's located in Kern County, near Buckley Way. This single-tenant building is currently vacant, offering a blank canvas for a new business to thrive. The building is fully equipped for a restaurant or similar operation, and its prime location and ample parking make it an attractive proposition for a wide range of businesses. Don't miss this chance to acquire a well-positioned, ready-to-occupy commercial space in a thriving Bakersfield location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,530,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,440,000
- 6.5%
- $1,425,000
- 7%
- $1,560,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,675,000
- Geo Method
- $1,495,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,455,000
- Retail
- $1,530,000
- Mixed-Use
- $1,250,000
- Hospitality
- $1,385,000
- Educational
- $1,585,000
- Residential Income
- $1,660,000
- Energy
- $1,480,000
- Income-Based Land
- $1,615,000
- Food Service
- $1,440,000
Location Insight
- Map
- Local Demand
- City
- Bakersfield
- County
- Kern
- State
- California
- Longitude
- -119.054
- Latitude
- 35.3393
- CBSA code
- 12540
- CBSA name
- BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
