2000 18Th StBakersfield, CA 93301

  • Office buildings
  • 9,775 SF
For Sale
$1,495,575 View listing

Property Details for 2000 18Th St

Year built
1965
Construction
WOOD
Lot size
0.42 AC
Property size (Sq ft)
9,775 SF
Zone code
C-1
Property type
Office buildings
APN
004-120-13-00-1
APU
412013001

Description

This exceptional 7,053-square-foot executive office space is ideally situated at 2000 18th Street in Bakersfield, California, within Kern County. The entire building is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants seeking individual suites. The property is classified as an office building with an executive office subtype, offering a prestigious address and ample space for a variety of business needs. The building's total square footage is 7,053 square feet, all of which is readily available. This presents a significant advantage for businesses requiring substantial office space in a single location. The property's location in Bakersfield, CA, zip code 93301, offers convenient access to local amenities and transportation networks. The address is 2000 18th Street. This turnkey solution eliminates the need for extensive renovations or build-outs, allowing for immediate occupancy and operational efficiency. The property's multiple tenancy designation suggests flexibility in lease terms and potential for customized space configurations to suit various business requirements. Serious inquiries are encouraged to explore this prime Bakersfield office opportunity. The property is located at latitude 35.3755212 and longitude -119.0251236.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,786,751
    6.5%
    $2,572,385
    7%
    $2,388,644
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,858,814
    Geo Method
    $1,858,814
  • Alternative Use

    Use
    Valuation
    Residential
    $3,189,758
    Hospitality
    $2,921,801
    Educational
    $2,430,904
    Medical
    $2,514,507
    Retail
    $3,781,406

Location Insight

City
Bakersfield
County
Kern
State
California
Latitude
35.3756
Longitude
-119.025
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
$11,413
$199,196
$748,511
$947,707
-
-
-
-

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