1517 25Th StBakersfield, CA 93301

Property Details for 1517 25Th St

Year built

2012

Construction

WOOD

Lot size

0.37 AC

Property size (Sq ft)

13,216 SF

Property type

Retail properties

Property subtype

Auto shops

APN

005-362-03-00-3

APU

536203003

Description

This exceptional investment opportunity presents the leasehold interest in a vacant, 13,216 square foot auto body shop located at 1517 25th Street, Bakersfield, CA 93301. The property, built in 2012, sits on a 0.88-acre lot and is zoned C-2 Regional Commercial. The sale includes three parcels (APN: 005-362-02, 005-362-03, 005-362-04), encompassing a main building and two improved parking lots located at 2408 Eye Street and 2429 Chester Avenue. The properties benefit from long-term ground leases extending well into the future, offering significant leasehold control through 2060 and 2063. This prime location offers excellent visibility and proximity to major medical facilities, including Adventist Health Bakersfield Hospital and a substantial Kaiser Permanente medical office building. The property is currently vacant and ready for immediate occupancy or redevelopment, presenting a unique opportunity for owner-users or investors seeking a strong foothold in a thriving Bakersfield market. The asking price is $1,300,000. This offering represents a compelling investment in a well-situated, established commercial property with significant long-term potential.

• CAP approach

  CAP return

  Valuation

  6%

  $5,538,365

  6.5%

  $5,112,336

  7%

  $4,747,170

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,333,150

  Geo Method

  $6,333,150

• Alternative Use

  Use

  Valuation

  Residential

  $4,312,448

  Hospitality

  $3,950,178

  Educational

  $3,286,502

  Medical

  $3,399,530

  Retail

  $5,112,336

Location Insight

City

Bakersfield

County

Kern

State

California

Latitude

35.3817

Longitude

-119.02

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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