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    4545 Stockdale Highway

    Bakersfield, CA 93309
    • $825,000
    • STATUS: Active
    • ON SITE: 452 days
    • ID#: 21906105
    UPDATED: 49 min ago
    $825,000
    • 0
      BEDS
    • 0.44
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,412
      SQFT
    • $98
      $/SQFT
    Neighborhood:
    52
    Type:
    Commercial
    Built:
    1977
    County:
    Area:
    52

    School Ratings & Info

    Description

    Highly visible medical/office building on the west side of Stockdale Hwy with long term & stable tenants such as Dental office, Orthopedic Doctor, CPA/Tax. New flooring in 1 vacant unit, security gates installed throughout the building premises, and lots of improvements. Currently approx. 80% of the spaces are being occupied. Very well maintained. Current NOI is approx. $61,000. Pro-forma is above 11% CAP rate! Plenty of upside. Ideal for both investors or owner-occupied.

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    Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2020. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Bakersfield Realty & Investment or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2020-09-25T23:31:32.723.
    www.kerncountyhome.com/homes/96454026
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    4545 Stockdale Highway Bakersfield, CA 93309

    • Price: $825,000
    • Status: Active
    • Updated: 49 min ago
    • ID#: 21906105
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.44
    Acres
    8,412
    SQFT
    $98
    $/SQFT
    1977
    Built
    Neighborhood:
    52
    County:
    Kern
    Area:
    52
    Property Description
    Highly visible medical/office building on the west side of Stockdale Hwy with long term & stable tenants such as Dental office, Orthopedic Doctor, CPA/Tax. New flooring in 1 vacant unit, security gates installed throughout the building premises, and lots of improvements. Currently approx. 80% of the spaces are being occupied. Very well maintained. Current NOI is approx. $61,000. Pro-forma is above 11% CAP rate! Plenty of upside. Ideal for both investors or owner-occupied.
    Property Features

    Annual Gross Income 142464.00 Annual Net Income 65693.00 Cap Rate 6.82% Commercial Type Commercial Current Use Business And Professional Offices Total Annual Expense 42334.00 Zone Commercial Office Zoning (Co) - Business And Professional Offices; Low-Intensity Commercial Activities.

    Listing courtesy of Phong Ho of Bakersfield Realty & Investment.


    Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2020. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Bakersfield Realty & Investment or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2020-09-25T23:31:32.723.
     
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    HomeStead Real Estate
    7440 Meany Ave Suite C
    Bakersfield CA, 93308