2017 Brundage LnBakersfield, CA 93304

Property Details for 2017 Brundage Ln

Year built

1936

Construction

WOOD

Lot size

0.15 AC

Property size (Sq ft)

1,319 SF

Property type

Office buildings

APN

147-271-05-00-1

APU

14727105001

Description

This exceptional 1,319-square-foot free-standing office building presents a fantastic owner-user investment opportunity in Bakersfield, California. Located at 2017 Brundage Lane, this single-story property boasts a prime location with excellent visibility and convenient access to major thoroughfares, including Highway 58 and Highway 99, as well as the Centennial Corridor. The building is situated on a 6,354-square-foot lot and is zoned C1. Features include gated parking, providing secure on-site parking for occupants, along with added security via secured storage. The well-maintained interior offers a comfortable and functional workspace with private offices, a restroom, and a kitchen. An added benefit is the inclusion of a patio area. The asking price is $290,000, translating to $219.86 per square foot. Currently vacant, the property is available for occupancy starting August 1, 2024. This is an ideal opportunity for a business seeking a central Bakersfield location with ample parking and convenient access to major transportation routes. The property consists of one building with one unit.

• CAP approach

  CAP return

  Valuation

  6%

  $376,041

  6.5%

  $347,114

  7%

  $322,320

• Comparable approach

  Method

  Valuation

  Relative Method

  $250,821

  Geo Method

  $250,821

• Alternative Use

  Use

  Valuation

  Residential

  $430,422

  Hospitality

  $394,264

  Educational

  $328,023

  Medical

  $339,304

  Retail

  $510,258

Location Insight

City

Bakersfield

County

Kern

State

California

Latitude

35.3537

Longitude

-119.025

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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