27190 20 Mule Team RdBoron, CA 93516

  • Retail properties
  • 3,650 SF
For Sale
$94,900 View listing

Property Details for 27190 20 Mule Team Rd

Year built
1948
Construction
WOOD
Lot size
0.18 AC
Property size (Sq ft)
3,650 SF
Zone code
C-2
Property type
Retail properties
Property subtype
Retail space
APN
231-333-20-00-9
APU
23133320009

Description

This exceptional retail opportunity presents a 3,650 square foot building situated on a 0.18-acre lot (7,895 square feet) at 27190 20 Mule Team Road in Boron, California. Previously operating as a liquor store, this property offers significant potential for a variety of retail uses. The building itself boasts ample space, providing flexibility for various business configurations. The 0.18-acre lot size provides sufficient space for customer parking and potential expansion. The property's location in Boron offers access to a local customer base. Given its previous use and size, this property is well-suited for a range of retail ventures. The asking price of $94,900 presents a compelling investment opportunity for entrepreneurs seeking a well-located, established building with significant upside. The property is ready for immediate occupancy and offers a chance to capitalize on a prime retail location in Boron. Serious inquiries are encouraged to explore the possibilities this property presents. The building's history as a liquor store provides a solid foundation for a new business, while the ample space and lot size offer significant flexibility for future development.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,371,049
    6.5%
    $1,265,584
    7%
    $1,175,185
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,539,182
    Geo Method
    $1,749,092
  • Alternative Use

    Use
    Valuation
    Residential
    $1,067,567
    Hospitality
    $977,886
    Educational
    $813,590
    Medical
    $841,570
    Retail
    $1,265,584
27190 20 Mule Team Rd, Boron, California

Location Insight

City
Boron
County
Kern
State
California
Latitude
34.999
Longitude
-117.646
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
$528
$8,160
$34,680
$42,840
-
-
-
-

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