5701 Young St, Unit C#201 Bakersfield, CA 93311-8896
- Office buildings
- 2,226 SF
- 0.05 lot acres
Current Use by Public Records
- Riar Dental Arts / Oral Surgeon / Dentist
- The Southwest Barber shop / Barber Shop
- Big Boy's Barbershop / Barber Shop / Hair Salon
- Clips and Curls Salon / Hair Salon
- 5911 barber studio / Barber Shop
Property Details for 5701 Young St
- Year built
- 2016
- Construction
- WOOD FRAME
- Lot size
- 0.05 lot acres
- Property size
- 2,226 SF
- Zone code
- M2
- Property type
- Office buildings
- APN
- 545-300-08-00-3
- APU
- 54530008003
Description
This exceptional 2,462 square foot medical office building is ideally situated at 5701 Young Street in Bakersfield, California, within the Crossroads Business Park. The property boasts a single-tenant occupancy, offering a stable and predictable income stream for investors. Located in Kern County, this retail and office space presents a compelling opportunity for those seeking a well-established medical practice location or a sound investment in a thriving California market. The building's convenient location in Bakersfield, zip code 93311, ensures easy access for patients and staff. The property's classification as a medical office within a larger retail and office complex provides a diverse and vibrant surrounding environment. This single-tenant structure minimizes management complexities and offers a straightforward investment proposition. The property's size is well-suited for a variety of medical practices, providing ample space for patient care, administrative functions, and support services. With its strategic location and desirable features, this Bakersfield medical office presents a rare opportunity for growth and profitability. Detailed financial information and property specifics are available upon request. This is a turnkey opportunity for immediate occupancy and potential expansion. The property is located at the coordinates 35.3030552 latitude and -119.0990001 longitude.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $415,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $510,000
- 6.5%
- $470,000
- 7%
- $440,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $501,000
Market price range: $318k - $656k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $470,000 Current use
- MEDICAL BUILDING
- $510,000 Change: +8% Conversion: Easy
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bakersfield
- County
- Kern
- State
- California
- Longitude
- -119.099
- Latitude
- 35.3028
- CBSA code
- 12540
- CBSA name
- BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA