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- Price Reduction!! ±9.42 Acres (±410,335 SF) of development land ideal for a mini-storage development located off of State Route CA 99, adjacent to Bakersfield College and the Country Club. Parcel benefits from existing long-term cell tower lease of $1,000/year in passive income (since 1999) in the 3rd renewal term (9/1/2019 – 8/31/2024), with the 4th renewal term (9/1/2024 – 8/31/2029) coming up.
• RV/Mini storage option allows for 50’ of RV Storage + 50’ of RV Drive Aisle, two rows of 20’ storage units + drive aisles for access, and possible additional smaller row of storage dependent on restrictions and setbacks.
• Office option using a single loaded parking scheme allows parking down both sides of the property at east and west ends, one drive aisle per row of parking, building located centered on property, and approximately 75’ feet of buildable space for offices.
• Apartments option with a double loaded parking scheme allows all parking pushed to the west against the housing tract, two rows of parking with a single drive aisle, approximately 100’ of buildable space for apartments (factoring in separations, landscaping, parking, community areas, etc.).
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Jared Ennis, KW Commercial Central California