4000 Ming AveBakersfield, CA 93309

  • Land
  • 7,520 SF
For Lease

Property Details for 4000 Ming Ave

Year built
1970
Construction
WOOD FRAME
Lot size
0.67 AC
Property size (Sq ft)
7,520 SF
Zone code
C1
Property type
Land
Property subtype
Commercial land
APN
164-050-21-00-1
APU
16405021001

Description

This exceptional 9,160 square foot retail strip center presents a unique investment opportunity on Ming Avenue in Kern County. Situated on a 1.12-acre lot, this single-story building offers multiple tenancy options, with spaces ranging from 1,200 to 4,500 square feet. The property boasts 61 parking spaces, ensuring ample convenience for customers and employees. Its strategic location along the bustling Ming Avenue corridor provides exceptional street exposure and visibility, benefiting from its proximity to major retailers. The C-1 zoning allows for a variety of retail uses. The center is designed to maximize visibility with pylon signage, further enhancing its appeal to potential tenants. This is a proposed new development, offering a blank canvas for a thriving retail destination. The property's ample parking, combined with its high-traffic location and flexible space options, makes it an ideal investment for both established businesses and new ventures seeking a prominent presence in a thriving retail area. The cross street is Lymric, providing additional access and visibility. This is a rare opportunity to secure a prime retail location in a high-demand area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,454,402
    Hospitality
    $2,248,219
    Educational
    $1,870,492
    Medical
    $1,934,821
    Retail
    $2,909,654
4000 Ming Ave, Bakersfield, California

Location Insight

City
Bakersfield
County
Kern
State
California
Latitude
35.3399
Longitude
-119.047
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
$4,988
$414,258
-
$414,258
-
-
-
-

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