8230 Espresso DrBakersfield, CA 93312

Property Details for 8230 Espresso Dr

Year built

1900

Construction

WOOD FRAME

Lot size

0.43 AC

Property type

Healthcare properties

Property subtype

Medical offices

APN

451-470-25-00-8

APU

45147025008

Description

This freestanding, contemporary office building at 8230 Espresso Dr., Bakersfield, CA 93312, offers 3,350 square feet of highly functional space in a single-tenant configuration. Situated on a substantial 24,829 square foot lot zoned C-2, the property boasts a convenient Northwest Bakersfield location within walking distance of retail and restaurants. The building features a modern design and offers excellent visibility, with rear building signage visible from Coffee Rd. and the option to purchase pylon signage on Coffee Rd. for increased brand awareness. Parking is ample, with a ratio of 8.5 spaces per 1,000 square feet. For businesses requiring expansion, an adjacent building at 8224 Espresso Dr. is optionally available, offering an additional 1,599 to 4,818 rentable square feet. This fully developed area presents a unique opportunity for businesses seeking a centrally located, well-appointed office space with potential for growth. The property's APN is 451-470-25-00-8. This is a single-tenant property.

• CAP approach

  CAP return

  Valuation

  6%

  $5,341,548

  6.5%

  $4,930,660

  7%

  $4,578,470

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,561,697

  Geo Method

  $3,561,697

• Alternative Use

  Use

  Valuation

  Residential

  $6,114,018

  Hospitality

  $5,600,408

  Educational

  $4,659,473

  Medical

  $4,819,720

  Retail

  $7,248,070

Location Insight

City

Bakersfield

County

Kern

State

California

Latitude

35.3881

Longitude

-119.094

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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