200 New Stine RdBakersfield, CA 93309

Property Details for 200 New Stine Rd

Construction

WOOD FRAME

Lot size

0.14 AC

Zone code

C-O

Property type

Parking lots & garages

APN

194-450-16-00-2

APU

19445016002

Description

This exceptional two-story Class B office building, located at 200 New Stine Road in Bakersfield, CA 93309, offers a diverse range of flexible office spaces. Situated near the high-traffic intersection of California Avenue and Stockdale Highway in the Southwest submarket, this property provides convenient access and high visibility. The building features 18,847 square feet of immediately available space, divisible into units as small as 623 square feet and expandable to a maximum contiguous space of 12,553 square feet. Both ground floor and second-floor spaces are available, serviced by an elevator for easy access. Ample parking is provided on both the east and west sides of the building. The property is zoned C-O and offers affordable rental rates. Landlord is open to tenant improvements to meet specific needs. This is an ideal location for businesses seeking flexible, high-visibility office space in a thriving Bakersfield submarket.

• CAP approach

  CAP return

  Valuation

  6%

  $2,556,192

  6.5%

  $2,359,562

  7%

  $2,191,022

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,922,181

  Geo Method

  $2,922,181

• Alternative Use

  Use

  Valuation

  Residential

  $1,990,379

  Hospitality

  $1,823,176

  Educational

  $1,516,861

  Medical

  $1,569,028

  Retail

  $2,359,562

Location Insight

City

Bakersfield

County

Kern

State

California

Latitude

35.3526

Longitude

-119.06

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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