1270 Riverside StShafter, CA 93263

  • Warehouses
  • 12,891 SF
For Sale
$1,875,000 View listing

Property Details for 1270 Riverside St

Year built
1963
Construction
WOOD
Lot size
11.70 AC
Property size (Sq ft)
12,891 SF
Zone code
GC
Property type
Warehouses
APN
089-150-13-00-9
APU
8915013009

Description

This exceptional 11.7-acre commercial property, situated at 1270 E Riverside Street in Shafter, California, presents a unique investment opportunity. Zoned for general commercial use (GC), this property boasts a substantial 12,891 square foot building currently undergoing renovation. The office building requires finishing touches to complete the remodel. Included in the sale are sliding and exterior doors intended for installation on the existing shop building. A smaller secondary building is also located on the site. The property benefits from two wells – one agricultural and one domestic – ensuring a reliable water supply. Electricity is readily available on-site. A significant asset is the inclusion of an approximately 70-foot truck scale conveniently located adjacent to the office building, ideal for weighing and logistical operations. The property's prime location, just off Santa Fe Way, places it within a thriving industrial area of Shafter, offering excellent access and visibility. This property is perfect for a variety of commercial uses and presents a rare opportunity to acquire a substantial, well-equipped industrial site in a desirable location. The combination of ample land, existing structures, and essential utilities makes this a compelling investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,091,795
    Hospitality
    $1,916,073
    Educational
    $1,594,150
    Medical
    $1,648,976
    Retail
    $2,479,790

Location Insight

City
Shafter
County
Kern
State
California
Latitude
35.4862
Longitude
-119.255
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
$10,368
$608,940
$28,560
$637,500
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