4100 Wible RdBakersfield, CA 93313

Property Details for 4100 Wible Rd

Year built

1985

Construction

WOOD

Lot size

0.59 AC

Property size (Sq ft)

9,192 SF

Property type

Retail properties

Property subtype

Retail space

APN

405-230-02-00-4

APU

40523002004

Description

This exceptional 9,192 square foot retail property, formerly a Car Quest Auto Parts store, presents a unique investment opportunity in Bakersfield, California. Located at 4100 Wible Rd, 93313, this single-tenant building sits on a 0.59-acre lot and benefits from a prominent position at a four-way signalized intersection, ensuring excellent visibility and accessibility. Built in 1985, the one-story Class C building offers ample space for a variety of retail uses. The property's M-1 zoning provides flexibility for potential tenants. Its convenient location within one mile of major retailers such as Superior Grocers, Smart & Final, Foods Co, Taco Bell, McDonald's, Carl's Jr, DD's Discounts, Albertsons, and the Bakersfield Auto Mall, guarantees high traffic and customer exposure. The entire 9,192 square feet is currently vacant, providing a blank canvas for a new business venture. The property's address is further enhanced by its proximity to Highway 99 off-ramps, ensuring easy access for customers and employees. The APN is 405-230-02, and the cross street is White Lane. This property is situated in the South West Bakersfield submarket.

• CAP approach

  CAP return

  Valuation

  6%

  $3,852,985

  6.5%

  $3,556,601

  7%

  $3,302,558

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,404,836

  Geo Method

  $4,404,836

• Alternative Use

  Use

  Valuation

  Residential

  $3,000,126

  Hospitality

  $2,748,100

  Educational

  $2,286,386

  Medical

  $2,365,019

  Retail

  $3,556,601

Location Insight

City

Bakersfield

County

Kern

State

California

Latitude

35.3172

Longitude

-119.039

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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