631 Baker StBakersfield, CA 93305

Property Details for 631 Baker St

Year built

1967

Construction

WOOD

Lot size

0.35 AC

Property size (Sq ft)

989 SF

Zone code

C-2

Property type

Gas stations

APN

016-200-01-00-6

APU

1620001006

Description

This exceptional business opportunity presents a 1-story, 850 sq ft convenience store and gas station located at 631 Baker St, Bakersfield, CA 93305. Situated on a 0.35-acre lot zoned C-2, this property boasts 4 gas pumps and was built in 1950. The sale includes both the real estate and the business, excluding inventory. This represents a low-barrier entry point for those seeking to enter the service station industry. The property features a single building on a sizable lot, providing ample space for operations and potential expansion. Its convenient Bakersfield location and established customer base offer significant earning potential. The property's APN is 016-200-01. This turnkey operation is priced at $1,290,000 and presents a compelling investment opportunity in a thriving Kern County market. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $414,396

  6.5%

  $382,519

  7%

  $355,196

• Comparable approach

  Method

  Valuation

  Relative Method

  $473,932

  Geo Method

  $473,932

• Alternative Use

  Use

  Valuation

  Residential

  $322,669

  Hospitality

  $295,563

  Educational

  $245,905

  Medical

  $254,362

  Retail

  $382,519

Location Insight

City

Bakersfield

County

Kern

State

California

Latitude

35.3744

Longitude

-118.993

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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