820 Dr Martin Luther King JrBakersfield, CA 93307

  • Retail properties
  • 7,480 SF
Off market
$14,527,260 Estimated

Property Details for 820 Dr Martin Luther King Jr

Year built
2017
Construction
STEEL FRAME
Lot size
1.45 AC
Property size (Sq ft)
7,480 SF
Zone code
C-2
Property type
Retail properties
Property subtype
Retail space
APN
168-200-27-00-0
APU
16820027000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,134,164
    6.5%
    $2,893,075
    7%
    $2,686,427
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,584,440
    Geo Method
    $3,584,440
  • Alternative Use

    Use
    Valuation
    Residential
    $2,440,417
    Hospitality
    $2,235,409
    Educational
    $1,859,834
    Medical
    $1,923,796
    Retail
    $2,893,075
820 Dr Martin Luther King Jr, Bakersfield, California

Location Insight

City
Bakersfield
County
Kern
State
California
Latitude
35.3464
Longitude
-118.986
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
$30,035
$349,966
$2,056,054
$2,406,020
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