For Sale
$3,950,000

16125 Widmere RdArvin, CA 93203

48,000 SF Manufacturing/Flex Space

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 48,000-square-foot industrial property, located at 16125 Widmere Road in Arvin, California, presents a compelling investment opportunity. The single-story, 1972-built facility sits on a 4.55-acre lot and is zoned M-2, County of Kern. Currently operating at 100% occupancy with a lease expiring in June 2023, this Class C building offers significant potential. Key features include a heavy power supply, conditioned warehouse space, a fully fenced and partially paved yard, and convenient access via truck well and rail spur. The low coverage ratio of 24.2% allows for expansion or additional yard storage. Priced at $3,950,000 ($82.29/SF), this property represents a strong value proposition, significantly below replacement cost, and offers a 1.50% cap rate. The property consists of one unit and is offered as a NNN lease. This is a rare opportunity to acquire a well-located industrial asset in a market with limited comparable properties. The APN is 198-100-09. The property's strategic location in Arvin, CA, zip code 93203, provides easy access to major transportation routes.

Highlights

  • 48,000 SF industrial building in Arvin, CA with heavy power supply.
  • 4.55-acre lot (24.2% lot coverage) offering expansion potential.
  • Conditioned warehouse space.
  • Fully fenced, partially paved yard with truck well and rail spur.
  • Excellent access to major transportation routes.
  • Limited comparable properties available.

Property Details for 16125 Widmere Rd

Property type
Warehouses, Industrial properties
Square Feet
48,000 SF
Class
C
Year Built
1972
Buildings
1
Stories
1
Lot Size (sq. ft)
198,198 SF
Units
1

Location Insight

City
Arvin
County
Kern
State
California
Latitude
35.21279286576
Longitude
-118.82408147952
16125 Widmere Rd, Arvin, California

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16125 Widmere Rd
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