1157 China Grade Loop

    Bakersfield, CA 93308
    • $2,500,000
    • STATUS: Active
    • ON SITE: 100 days
    • MLS #: 21713041
    UPDATED: 67 min ago
    $2,500,000
    • 0
      BEDS
    • 12.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    23
    Type:
    Commercial
    County:
    Area:
    23

    School Ratings & Info

    Description

    This is a rare find of over 12 acres of M-3 zoned land within minutes of downtown, major freeways, and Meadows Field Airport and has a railroad line adjacent to the south property line. This property is also producing income from a long term tenant that occupies approximately of the gross area. There is also a private, 575' deep, well with 14'' casing, producing over 40,000 gallons per day and (2) 8,000 gallon and (1) 3,000 gallon water storage tanks. It is also improved with approximately 32' x 69' metal structure formerly used as a boiler house; and approximately 20' x 30' metal structure used as a shop/storage building. The seller is working to provide a clear Phase II environmental and railroad spur.

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    Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2018. 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.
    www.mmandassociates.com/homes/78691477

    1157 China Grade Loop Bakersfield, CA 93308

    • Price: $2,500,000
    • Status: Active
    • Updated: 67 min ago
    • MLS #: 21713041
    0
    Beds
    0
    Baths
    0
    ½ Baths
    12.08
    Acres
    Neighborhood:
    23
    County:
    Kern
    Area:
    23
    Property Description
    This is a rare find of over 12 acres of M-3 zoned land within minutes of downtown, major freeways, and Meadows Field Airport and has a railroad line adjacent to the south property line. This property is also producing income from a long term tenant that occupies approximately of the gross area. There is also a private, 575' deep, well with 14'' casing, producing over 40,000 gallons per day and (2) 8,000 gallon and (1) 3,000 gallon water storage tanks. It is also improved with approximately 32' x 69' metal structure formerly used as a boiler house; and approximately 20' x 30' metal structure used as a shop/storage building. The seller is working to provide a clear Phase II environmental and railroad spur.
    Property Features

    Annual Gross Income 60000.00 Annual Net Income 60000.00 Cap Rate 1 Commercial Type Industrial Current Use Cement Plant Total Annual Expense 1.00 Zone M3

    Listing courtesy of Carlos Padilla of Watson Realty Era.
    Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2018. 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.
    MM and Associates with ReMax Golden Empire
    3955 Coffee Rd
    Bakersfield CA, 93308