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3699 Ming Ave
Bakersfield, CA 93309
Ming & Real Plaza · Retail Property For Sale
Investment Highlights
- Close proximity to Bakersfield's regional mall (Valley Plaza Mall)
- Hard corner lot at 4-way signalized intersection
- Close proximity to CA-99 freeway on & off ramps
- Major thoroughfare with high traffic counts: +/- 39,844 AADT
Executive Summary
• Sales price: $3,895,000.00 - Major Price Reduction!
• Lot size: +/- 0.94 AC
• GLA: +/- 15,556 SF
• SEC of Ming Avenue & S. Real Road
• Zoning: C-2 (Regional Commercial Zone, City of Bakersfield)
• Lot size: +/- 0.94 AC
• GLA: +/- 15,556 SF
• SEC of Ming Avenue & S. Real Road
• Zoning: C-2 (Regional Commercial Zone, City of Bakersfield)
Property Facts
Sale Type
Investment
Property Type
Building Size
15,556 SF
Building Class
C
Year Built
1989
Price
$5,331,437 CAD
Price Per SF
$342.73 CAD
Cap Rate
7.06%
NOI
$376,430 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
0.94 AC
Zoning
C2 - Regional Commercial, City of Bakersfield
Parking
35 Spaces (2.25 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 440-131-09-00-0 | Improvements Assessment | $3,928,725 CAD |
| Land Assessment | $896,025 CAD | Total Assessment | $4,824,750 CAD |
Property Taxes
Parcel Number
440-131-09-00-0
Land Assessment
$896,025 CAD
Improvements Assessment
$3,928,725 CAD
Total Assessment
$4,824,750 CAD
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