1101 Cecil AveDelano, CA 93215

  • Banks
  • 7,198 SF

Property Details for 1101 Cecil Ave

Year built
1984
Construction
WOOD
Lot size
0.52 AC
Property size (Sq ft)
7,198 SF
Property type
Banks
APN
411-200-11-00-6
APU
41120011006

Description

This exceptional 5,171-square-foot retail property, located at 1101 Cecil Avenue in Delano, California, presents a unique investment opportunity. Situated on a substantial 30,056-acre lot, the building was constructed in 1970 and is zoned for General Commercial use. The property's single-tenant occupancy offers flexibility and ease of management. Its prominent location along Cecil Avenue, near the intersection with Kensington Street, ensures high visibility and accessibility. The property benefits from its proximity to several national brands, including McDonald's, Starbucks, Planet Fitness, and KFC, creating a strong retail environment and high foot traffic. The property's history includes use as a Safe 1 Credit Union branch, suggesting a suitable layout for financial or professional services. The ample land area provides potential for future expansion or development. The Kern County Assessor's Parcel Number (APN) is 411-200-11-00-6. This property is an excellent choice for businesses seeking a well-located, established space in a thriving community. The zip code is 93215. The property is immediately adjacent to a Fastrip convenience store.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,275,810
    6.5%
    $1,177,670
    7%
    $1,093,550
  • Comparable approach

    Method
    Valuation
    Relative Method
    $994,057
    Geo Method
    $1,423,520
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,416,880
    Mixed-Use / Specialty
    $1,124,850
    Hospitality / Lodging
    $761,970
    Office
    $1,067,530
    Institutional / Educational
    $1,152,020
    Residential Income
    $1,347,860
    Multifamily
    $1,886,080
    Automotive / Energy
    $987,443
    Parking / Income-Based Land
    $388,788
    Restaurant / Food Service
    $481,285
    Healthcare / Senior Housing
    $1,203,370

Location Insight

City
Delano
County
Kern
State
California
Latitude
35.7762
Longitude
-119.244
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
$4,830
$191,201
$244,739
$435,940
-
-
-
-

FAQs

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