16125 Widmere RdArvin, CA 93203

Property Details for 16125 Widmere Rd

Year built

1972

Construction

WOOD

Lot size

4.55 AC

Property size (Sq ft)

48,000 SF

Zone code

M-2

Property type

Industrial properties

Property subtype

Other industrial properties

APN

193-100-09-00-3

APU

19310009003

Description

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.

Location Insight

City

Arvin

County

Kern

State

California

Latitude

35.2122

Longitude

-118.823

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].