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11100 Panama Lane
Bakersfield, CA 93311-2172
Asking Price
$7.00M
Asset Type
Commercial Mixed-use
Class
Class B
What's Special
Mixed Use <ul><li>For sale all or part</li><li>Will sell corner</li><li>Location NEC Panama Lane and Buena Vista Road</li><li> Great corner-Best neighborhood site in far southwest Bakersfield</li><li>New constrution surrounding site</li><li><span style="white-space: normal"> National home builders in trade area: Lennar, Dr. Horton, Froehlich Homes,</span></li><li>K. Hovnanian Homes and more</li><li>Over 5,000 new homes</li><li>Potential for combined retail and multifamily development</li><li>Sit
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NOI
$80,000
Cap Rate
1.14%
DSCR
0.19
Underwater
Cash-on-Cash
-15.98%
Monthly Payment
$34,632.181
Annual Cash Flow
$-335,586.168
