900 Flower StBakersfield, CA 93305

Property Details for 900 Flower St

Year built

1965

Construction

WOOD

Lot size

0.42 AC

Property size (Sq ft)

3,011 SF

Zone code

C1

Property type

Auto shops

APN

013-150-24-00-8

APU

1315024008

Description

This vacant, 3,011 square foot auto shop presents a compelling owner-user investment opportunity in Bakersfield, CA. Located on a highly visible corner lot spanning 18,295 square feet, this property boasts exceptional street exposure and convenient access. Built in 1965, the single-building structure is zoned C1, offering versatility for various automotive-related businesses. The spacious interior includes two large garage doors for easy vehicle access, a dedicated storage area, and ample workspace for efficient repairs and maintenance. An on-site office provides a comfortable space for client consultations, complemented by a restroom for staff and visitors. Abundant parking is available, catering to both customers and employees. The property's location offers high traffic volume and proximity to major roadways, ensuring significant visibility and accessibility. This turnkey operation is ready for immediate occupancy, making it an ideal choice for an established or emerging automotive business seeking a prime location in Bakersfield. The asking price is $875,000. Property ID: 01315024.

• CAP approach

  CAP return

  Valuation

  6%

  $1,261,550

  6.5%

  $1,164,507

  7%

  $1,081,328

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,442,881

  Geo Method

  $1,442,881

• Alternative Use

  Use

  Valuation

  Residential

  $982,305

  Hospitality

  $899,786

  Educational

  $748,612

  Medical

  $774,358

  Retail

  $1,164,507

Location Insight

City

Bakersfield

County

Kern

State

California

Latitude

35.3857

Longitude

-118.986

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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