5151 Stockdale HwyBakersfield, CA 93309

  • Retail properties
  • 0.13 AC
For Lease
$21/SF/YR View listing

Property Details for 5151 Stockdale Hwy

Construction
WOOD FRAME
Lot size
0.13 AC
Zone code
C-O
Property type
Retail properties
Property subtype
Parking lots & garages
APN
194-450-29-00-0
APU
19445029000

Description

This exceptional 11,133 square foot office building, situated at 5151 Stockdale Highway in Bakersfield, California (93309), presents a unique opportunity. Currently, 5,980 square feet of space is immediately available for lease, offering high visibility from the heavily trafficked Stockdale Highway. The building, constructed in 1980, is a single-story structure situated on a 0.89-acre lot and zoned C-O. The available space is divisible to a minimum of 1,598 square feet and offers a maximum contiguous space of 5,980 square feet. The layout includes a mix of private and open office areas, and existing furniture is available for inclusion should a tenant desire. Ample on-site parking and prominent monument signage are key features. Mechanics Bank occupies the remaining portion of the building. The property is also available for purchase. This location offers excellent access to California Avenue. The Assessor's Parcel Number (APN) is 194-450-27.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,373,427
    6.5%
    $2,190,856
    7%
    $2,034,366
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,713,248
    Geo Method
    $2,713,248
  • Alternative Use

    Use
    Valuation
    Residential
    $1,848,069
    Hospitality
    $1,692,821
    Educational
    $1,408,407
    Medical
    $1,456,845
    Retail
    $2,190,856
5151 Stockdale Hwy, Bakersfield, California

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

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
$1,391
$113,781
-
$113,781
-
-
-
-

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