409 Fredricks StBarstow, CA 92311

Property Details for 409 Fredricks St

Year built

1950

Construction

WOOD FRAME

Lot size

0.17 AC

Property size (Sq ft)

1,269 SF

Property type

Office properties

APN

0181-102-14-0000

APU

181102140000

Description

This exceptional mixed-use property, located at 409 Fredricks Street in Barstow, California, presents a compelling investment opportunity. The 1,269 square foot building sits on a 0.17-acre lot and offers significant potential for diverse uses. Previously utilized as office space, the property's zoning allows for continued commercial office use or, with renovation, conversion into residential apartments. The existing structure provides ample space for immediate occupancy or redevelopment. A notable feature is the inclusion of a sizable basement area, which could be renovated into additional apartment space, increasing rental income, or repurposed for business storage. The property's location within a dynamic and diverse area of Barstow offers excellent accessibility and visibility. This presents a unique chance to capitalize on the growing demand for both commercial and residential spaces in the Barstow market. While requiring some attention and potential renovations, the property's inherent value and versatile nature make it an attractive investment for those seeking a high-return project with significant upside. The asking price of $169,000 reflects the opportunity for substantial appreciation after improvements. This is a rare chance to acquire a well-situated property in a thriving area of Barstow, ready for its next chapter.

• CAP approach

  CAP return

  Valuation

  6%

  $315,487

  6.5%

  $291,218

  7%

  $270,417

• Comparable approach

  Method

  Valuation

  Relative Method

  $207,711

  Geo Method

  $241,313

• Alternative Use

  Use

  Valuation

  Residential

  $361,111

  Hospitality

  $330,776

  Educational

  $275,201

  Medical

  $284,666

  Retail

  $428,091

Location Insight

City

Barstow

County

San Bernardino

State

California

Latitude

34.8969

Longitude

-117.023

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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