2300 White LnBakersfield, CA 93304

Property Details for 2300 White Ln

Year built

1990

Construction

WOOD

Lot size

11.37 AC

Property size (Sq ft)

126,346 SF

Zone code

C2

Property type

Retail properties

Property subtype

Retail space

APN

405-010-56

APU

40501056

Description

This exceptional retail property, located at 2300 White Ln in Bakersfield, California, offers a significant opportunity for businesses seeking prime commercial space in Kern County. The entire 60,646 square foot building is currently vacant and available for lease. This presents a unique chance to occupy the entire space or to divide it into multiple units. Flexible lease terms are available to accommodate various business needs and expansion plans. The minimum divisible space is 10,576 square feet, providing ample room for smaller businesses, while the maximum contiguous space available is a substantial 50,070 square feet, ideal for larger retailers or those requiring significant warehouse or storage space. The property's location in Bakersfield, CA, zip code 93304, offers excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers and employees. This prime retail location in Kern County provides a strong foundation for business growth and success. The property is ready for immediate occupancy, allowing businesses to quickly establish their presence and begin operations. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure a large, versatile retail space in a thriving Bakersfield market.

• CAP approach

  CAP return

  Valuation

  6%

  $52,956,600

  6.5%

  $48,883,012

  7%

  $45,391,368

• Comparable approach

  Method

  Valuation

  Relative Method

  $60,545,408

  Geo Method

  $60,545,408

• Alternative Use

  Use

  Valuation

  Residential

  $41,234,652

  Hospitality

  $37,770,720

  Educational

  $31,424,794

  Medical

  $32,505,542

  Retail

  $48,883,012

Location Insight

City

Bakersfield

County

Kern

State

California

Latitude

35.3192

Longitude

-119.029

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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