2400 Wible RdBakersfield, CA 93304

Property Details for 2400 Wible Rd

Year built

1987

Construction

WOOD

Lot size

1.48 AC

Property size (Sq ft)

20,600 SF

Zone code

C2

Property type

Retail space

APN

023-060-52-00-6

APU

2306052006

Description

This exceptional 20,544-square-foot, single-story retail building is ideally situated in Bakersfield, CA, at 2400 Wible Rd, on the northeast corner of Wible and Wilson Roads. The property boasts a prime location just south of Ming Avenue and the Highway 99 on/off ramp, ensuring high visibility and convenient access. Currently, 2,600 square feet of space is available, with a minimum divisible unit of 1,200 square feet and a maximum contiguous space of 5,000 square feet. The building is zoned C-2 and offers multiple tenancy opportunities. Its strategic location provides significant advantages, placing it adjacent to the Valley Plaza Mall and surrounded by a robust mix of national retailers including Target, Macy's, Dollar General, Reading Cinemas, Mor Furniture for Less, Marshalls, Michaels, Dave & Buster's, Texas Roadhouse, T.J. Maxx, Big 5 Sporting Goods, and many more. This high-traffic area guarantees excellent exposure and strong potential for tenant occupancy. The property presents a compelling investment opportunity in a thriving retail corridor.

• CAP approach

  CAP return

  Valuation

  6%

  $8,634,536

  6.5%

  $7,970,341

  7%

  $7,401,031

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,871,586

  Geo Method

  $9,871,586

• Alternative Use

  Use

  Valuation

  Residential

  $6,723,281

  Hospitality

  $6,158,489

  Educational

  $5,123,790

  Medical

  $5,300,006

  Retail

  $7,970,341

Location Insight

City

Bakersfield

County

Kern

State

California

Latitude

35.3329

Longitude

-119.039

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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