325 Lexington StDelano, CA 93215

  • Healthcare properties
  • 8,988 SF
For Lease
$18/SF/YR View listing

Property Details for 325 Lexington St

Year built
2005
Construction
WOOD
Lot size
0.93 AC
Property size (Sq ft)
8,988 SF
Zone code
GC
Property type
Healthcare properties
Property subtype
Medical offices
APN
422-022-23-00-3
APU
42202223003

Description

This single-story, 8,725 square foot Class B medical/traditional office building at 325 S Lexington Street, Delano, CA 93215, offers a 5,500 square foot suite for immediate lease. Built in 2005, the property sits on a 0.92-acre lot and is zoned for General Commercial use in Kern County. The building features a total of 57 parking spaces, providing ample convenience for tenants and their clients. The available space is contiguous and represents the minimum divisible space within the building, which contains a total of two suites. The building's location is highly desirable, situated conveniently off Highway 99 near Adventist Health Delano. This presents a fantastic opportunity for medical practices or other office users seeking a well-maintained, accessible space in a growing community. The property's convenient location and ample parking make it an ideal choice for businesses seeking a strong presence in Delano. The building's single-story design ensures easy accessibility for all tenants and visitors. This is a rare opportunity to secure a substantial space in a well-located building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,274,196
    6.5%
    $1,176,180
    7%
    $1,092,168
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,193,518
    Geo Method
    $1,709,158
  • Alternative Use

    Use
    Valuation
    Residential
    $1,458,464
    Hospitality
    $1,335,945
    Educational
    $1,111,490
    Medical
    $1,149,716
    Retail
    $1,728,985
325 Lexington St, Delano, California

Location Insight

City
Delano
County
Kern
State
California
Latitude
35.7604
Longitude
-119.241
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
$19,754
$113,404
$1,669,373
$1,782,777
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