Property profile

631 Baker St Bakersfield, CA 93305

OFF-MARKET
Gas stations
Property ID
US09-3369599
989 SF 0.35 ac lot Built 1967
Individually Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional business opportunity presents a 1-story, 850 sq ft convenience store and gas station located at 631 Baker St, Bakersfield, CA 93305. Situated on a 0.35-acre lot zoned C-2, this property boasts 4 gas pumps and was built in 1950. The sale includes both the real estate and the business, excluding inventory. This represents a low-barrier entry point for those seeking to enter the service station industry. The property features a single building on a sizable lot, providing ample space for operations and potential expansion. Its convenient Bakersfield location and established customer base offer significant earning potential. The property's APN is 016-200-01. This turnkey operation is priced at $1,290,000 and presents a compelling investment opportunity in a thriving Kern County market. Serious inquiries only.

Property profile

Verified
Property type Gas stations
Use group SERVICE STATION WITH FOOD MART
Year built 1967
Construction WOOD
Total area 989 SF
Lot 0.35 ac (15,245 SF)
Zoning code C-2
APN 016-200-01-00-6
UPID US09-3369599

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station
  • Grocery & Convenience Store
  • Gas Station
  • Atm

Location

631 Baker St Bakersfield, CA 93305-5603
Bakersfield metro Census 1500 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$185k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$125k

Owner & transaction history

since 2022
Last sale
$160,000
6 recorded transactions
2022
Price N/A
2018
Price N/A
2016
$160,000
1996
$10,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-2 · Bakersfield, CA
Zoning description

The purpose of C-2 zone is to permit development of concentrated large-scale retail operations providing a broad range of goods and services which serve the metropolitan market area

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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