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6818-6820 Cherry Avenue

Bakersfield, CA 93314
  • $1,850,000
  • STATUS: Active
  • ON SITE: 56 Days
  • ID#: 202401594
$1,850,000
  • 0
    BEDS
  • 20.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
64
Type:
Commercial
Built:
2021
County:
Area:
64

School Ratings & Info

Description

This property located in California's Central Valley includes two 8,000 sq ft warehouse buildings. This property is in the heart of California's oil production and agricultural center. There are plans in the works to subdivide it into four 5 acre lots which a future owner could pursue. Currently the front two 5 acre sections are separately fenced and the back 10 acres is not. The buildings were built in 2021 and feature roll up bay doors, 22 foot clear ceiling height, 440 amp 3 phase electrical and restrooms. Interested parties should inquire on and verify the status of the proposed subdivision. This is an excellent opportunity for either an owner occupant, an investor, or both.

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Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2024. 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 Infinity Real Estate Services 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: 2024-04-03T23:31:38.88.
www.kerncountyhouse.com/homes/147897806
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6818-6820 Cherry Avenue Bakersfield, CA 93314

  • Price: $1,850,000
  • Status: Active
  • On Site: 56 Days
  • ID#: 202401594
0
Beds
0
Baths
0
½ Baths
20.04
Acres
2021
Built
Neighborhood:
64
County:
Kern
Area:
64
Property Description
This property located in California's Central Valley includes two 8,000 sq ft warehouse buildings. This property is in the heart of California's oil production and agricultural center. There are plans in the works to subdivide it into four 5 acre lots which a future owner could pursue. Currently the front two 5 acre sections are separately fenced and the back 10 acres is not. The buildings were built in 2021 and feature roll up bay doors, 22 foot clear ceiling height, 440 amp 3 phase electrical and restrooms. Interested parties should inquire on and verify the status of the proposed subdivision. This is an excellent opportunity for either an owner occupant, an investor, or both.
Property Features

Annual Gross Income 144000.00 Annual Net Income 116080.00 Cap Rate 6.27% Commercial Type Industrial Current Use Industrial Warehouse Total Annual Expense 20720.00 Zone NR

Listing courtesy of Talia Heaton of Berkshire Hathaway Homeservices Associated Real Estate: .


Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2024. 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 Infinity Real Estate Services 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: 2024-04-03T23:31:38.88.
 
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Infinity Real Estate Services
900 Truxtun Avenue Suite #230
Bakersfield CA, 93301