4500 Rudnick CtBakersfield, CA 93313

Property Details for 4500 Rudnick Ct

Year built

1986

Construction

WOOD

Lot size

2.06 AC

Property size (Sq ft)

11,730 SF

Zone code

M-1

Property type

Automotive properties

APN

405-260-23-00-4

APU

40526023004

Description

This exceptional 15,000-square-foot retail and industrial property, located at 4500 Rudnick Court in Bakersfield, California, presents a unique investment opportunity. Previously operating as an auto dealership, this single-tenant building sits on a generous 2.06-acre lot, offering significant visibility and accessibility. The property boasts prime Highway 99 frontage with a pylon sign, ensuring high brand recognition. The M-1 zoning allows for a variety of uses, including retail, automotive, and light industrial applications. The existing building features a blend of showroom space, well-maintained office areas, and warehouse space, providing flexibility for diverse business needs. Nine drive-in bays cater to high-volume operations. The property's ample land area and strategic location within the Bakersfield auto mall make it an ideal site for businesses seeking high visibility and convenient access. The Kern County Assessor's Parcel Number (APN) is 405-260-23. This is a rare opportunity to acquire a well-situated property with significant potential in a thriving market. The entire 15,000 square feet is currently vacant and ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $4,916,782

  6.5%

  $4,538,568

  7%

  $4,214,385

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,621,054

  Geo Method

  $5,621,054

• Alternative Use

  Use

  Valuation

  Residential

  $3,828,452

  Hospitality

  $3,506,842

  Educational

  $2,917,651

  Medical

  $3,017,994

  Retail

  $4,538,568

Location Insight

City

Bakersfield

County

Kern

State

California

Latitude

35.3135

Longitude

-119.036

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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