3699 Wilson RdBakersfield, CA 93309

Property Details for 3699 Wilson Rd

Year built

1972

Construction

WOOD

Lot size

0.66 AC

Property size (Sq ft)

2,997 SF

Zone code

C-2

Property type

Gas stations

APN

441-370-01-00-6

APU

44137001006

Description

This exceptional investment opportunity presents a thriving 2,997 square foot convenience store and 76 Gas station in Bakersfield, California. Located on a 0.66-acre lot at 3699 Wilson Road (APN 441-370-01-00-6), this single-story building boasts four convenient access points for optimal traffic flow. The property benefits from a C2 zoning designation and features three 12,000-gallon underground storage tanks (double-wall fiberglass). A significant advantage is the proximity to a recently opened Amazon delivery station employing over 400 people, promising increased customer traffic and revenue potential. The sale includes both the real estate and the business (excluding inventory). The fuel contract has approximately six years remaining. This turnkey operation presents significant upside potential, with possibilities for expansion including adding a car wash, additional gas pumps, and EV charging stations. The asking price is $5,390,000. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $1,256,232

  6.5%

  $1,159,599

  7%

  $1,076,770

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,436,172

  Geo Method

  $1,436,172

• Alternative Use

  Use

  Valuation

  Residential

  $978,165

  Hospitality

  $895,994

  Educational

  $745,456

  Medical

  $771,094

  Retail

  $1,159,599

Location Insight

City

Bakersfield

County

Kern

State

California

Latitude

35.3319

Longitude

-119.043

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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