20640 Tracy AveButtonwillow, CA 93206
- Retail properties
- 4,187 SF
Property Details for 20640 Tracy Ave
- Year built
- 1987
- Construction
- WOOD
- Lot size
- 1.05 AC
- Property size (Sq ft)
- 4,187 SF
- Zone code
- C2
- Property type
- Retail properties
- Property subtype
- Drive through restaurants
- APN
- 103-280-40-00-8
- APU
- 10328040008
Description
This exceptional quick-service restaurant (QSR) opportunity is located at 20640 Tracy Ave, Buttonwillow, CA, 93206. The single-story building totals 4,187 square feet and sits on a 1.2-acre lot, offering ample space for operations and potential expansion. Currently vacant, this property presents a blank canvas for a new venture or relocation. Its strategic location provides unparalleled visibility and accessibility, boasting proximity to the I-5 freeway, with on and off ramps just 0.80 miles away. The high-traffic area generates an impressive average annual daily traffic (AADT) count of approximately 41,000 vehicles, ensuring significant potential customer reach. The property is zoned C-2 PD, making it ideal for a variety of commercial uses. The parcel number is 103-280-40. This turnkey opportunity is perfect for an investor or operator seeking a prime location with high visibility and significant traffic volume. The property's size and location make it an attractive investment for a variety of QSR concepts. Serious inquiries are encouraged to explore this exceptional opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $872,556
- 6.5%
- $805,436
- 7%
- $747,905
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,401,101
- Geo Method
- $2,006,424
-
Alternative Use
- Use
- Valuation
- Residential
- $679,416
- Hospitality
- $622,341
- Educational
- $517,780
- Medical
- $535,588
- Retail
- $805,436
Location Insight
- City
- Buttonwillow
- County
- Kern
- State
- California
- Latitude
- 35.4033
- Longitude
- -119.401
- CBSA code
- 12540
- CBSA name
- BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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