157 Panama RdBakersfield, CA 93307

  • Warehouses
  • 4,000 SF
For Lease
$12/SF/YR View listing

Property Details for 157 Panama Rd

Year built
1979
Construction
WOOD
Lot size
0.23 AC
Property size (Sq ft)
4,000 SF
Zone code
C-2
Property type
Warehouses
APN
185-060-33-00-2
APU
18506033002

Description

This exceptional 4,000-square-foot industrial property, located in Kern County, presents a unique investment opportunity. The single-tenant building boasts a versatile floor plan, perfectly suited for a variety of businesses. The space is divided into 3,400 square feet of warehouse area and 600 square feet of climate-controlled office space, providing ample room for operations and administration. A significant advantage is the inclusion of a sizable 0.23-acre yard, offering excellent potential for storage or outdoor activities related to the business. Access to the warehouse is convenient via one 12' x 10' ground-level door. The building's construction is of sturdy CMU (Concrete Masonry Unit) construction, ensuring durability and longevity. The warehouse itself benefits from full air conditioning, creating a comfortable and productive work environment. The property is zoned C-2, allowing for a range of commercial uses. This property offers a compelling combination of space, functionality, and location, making it an attractive prospect for discerning investors and businesses seeking a well-appointed industrial space in Kern County. The property's features, including the generous yard space and climate-controlled warehouse, make it a highly desirable asset in the current market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,305,380
    Hospitality
    $1,195,722
    Educational
    $994,826
    Medical
    $1,029,040
    Retail
    $1,547,508

Location Insight

City
Bakersfield
County
Kern
State
California
Latitude
35.2666
Longitude
-119.002
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
$2,189
$28,876
$155,943
$184,819
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