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Property profile & analytics
FOR LEASE
Commercial kitchens

4647 White Ln Bakersfield, CA 93309

10,512 SF 2.19 ac lot Built 1979
Individually Owned 15-yr Hold Free & Clear
Property ID
US09-0218461
Property summary
AI-generated overview

This exceptional 7,600 square foot retail space, ideally situated on White Lane in southwest Bakersfield, presents a unique investment opportunity. Currently undergoing renovations, including a new roof and interior cleanup, this second-generation restaurant space is ready for immediate occupancy. The property boasts a prime location on one of Bakersfield's major thoroughfares, ensuring high visibility and accessibility. The flexible M-1 zoning allows for a variety of uses beyond restaurant operations, including retail and event venues, providing considerable versatility for prospective tenants. The single-tenant occupancy offers a streamlined and efficient operational structure. This property is perfect for businesses seeking a well-located, renovated space with significant potential for growth. The space is currently undergoing a complete interior and exterior refresh, ensuring a modern and functional environment for the next tenant. The building's strategic placement on White Lane provides excellent exposure to a high volume of daily traffic, making it an ideal location for a variety of businesses. Further details are available in the attached brochure. This is a rare opportunity to secure a prominent retail space in a thriving Bakersfield location. Don't miss out on this chance to establish your business in a high-traffic area with ample parking and excellent visibility. Contact us today to schedule a viewing.

Property profile
Verified
Property type Commercial kitchens
Use group TAKE-OUT RESTAURANT
Year built 1979
Construction WOOD
Total area 10,512 SF
Lot 2.19 ac (95,396 SF)
APN 404-020-08-00-4
UPID US09-0218461
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
  • La Sancha Tacos y Mariscos Restaurant
  • Taqueria Paisano - Tacos Estilo Tijuana Taco Truck Restaurant
  • Tacos La Plebada Restaurant
  • Le Corusse Rouge Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
$800k
Blend (final) Blend
$610k
Owner & transaction history
Evelyn F Schmitz · 15 yrs held
Evelyn F Schmitz
since 2011
3 recorded transactions
2011
Price N/A
2004
$1.3M
1977
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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