409 Fredricks StBarstow, CA 92311
- Office properties
- 1,269 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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