1831 Brundage LnBakersfield, CA 93304

Property Details for 1831 Brundage Ln

Year built

1969

Construction

WOOD

Lot size

0.46 AC

Property size (Sq ft)

7,883 SF

Property type

Office properties

Property subtype

Office buildings

APN

147-290-01-00-8

APU

14729001008

Description

This exceptional 7,883-square-foot office building, located at 1831 Brundage Lane in Bakersfield, California, presents a unique owner-user opportunity. The property sits on a 0.46-acre lot and boasts a highly visible monument sign, ensuring excellent brand exposure. Built in 1969, this single-story building is zoned C-1 and offers a versatile layout suitable for various office configurations, including creative, executive, and traditional office spaces. The property features 22 on-site parking spaces, supplemented by ample street parking, and is fully fenced for enhanced security. The interior includes both private offices and open work areas, catering to diverse business needs. Previously occupied by a single tenant, the building's design allows for easy adaptation to multiple tenants. The asking price is $1,100,000. This is a secure, gated property with significant potential for a variety of businesses. The property's address is 1831 Brundage Ln, Bakersfield, CA 93304, and the APN is 14729001.

• CAP approach

  CAP return

  Valuation

  6%

  $2,247,428

  6.5%

  $2,074,549

  7%

  $1,926,367

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,499,031

  Geo Method

  $1,499,031

• Alternative Use

  Use

  Valuation

  Residential

  $2,572,441

  Hospitality

  $2,356,342

  Educational

  $1,960,449

  Medical

  $2,027,872

  Retail

  $3,049,588

Location Insight

City

Bakersfield

County

Kern

State

California

Latitude

35.3536

Longitude

-119.023

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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