20640 Tracy AveButtonwillow, CA 93206

  • Retail properties
  • 4,187 SF
For Sale
$1,300,000 View listing

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
20640 Tracy Ave, Buttonwillow, California

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

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
$28,131
$230,000
$2,238,000
$2,468,000
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-
-
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