409 Fredricks StBarstow, CA 92311

  • Office properties
  • 1,269 SF
For Sale
$169,000 View listing

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
Property subtype
Other 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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
409 Fredricks St, Barstow, California

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,223
$26,520
$102,000
$128,520
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