Rosedale Hwy & Verdugo Ln

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Rosedale Hwy & Verdugo Ln

Bakersfield, CA 93312
Asking Price
$6.72M
Asset Type
Commercial Land
Class
Class B

What's Special

Commercial Land | $6,725,000 | 7 Parcels | 15.81 AC | All or Part for Sale <p>• ALL OR PART FOR SALE</p><p>• Infill development opportunity </p><p>• Newly constructed off-site improvements along Rosedale Hwy</p><p>• Located in the fast-growing Northwest Bakersfield sub-market</p><p>• Close proximity to Rosedale Village & Northwest Promenade shopping centers </p><p>• Key Demographics (3-Mile Radius): </p><p>- Population: 87,672</p><p>- Median Household Income: $113,018</p><p>- Total Businesses: 3,325</p><p>- Total Employees: 31,438</p><p>- Per Capita Income: $47,016</p>

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NOI
$80,000
Cap Rate
1.19%
DSCR
0.20
Underwater
Cash-on-Cash
-15.82%
Monthly Payment
$33,271.631
Annual Cash Flow
$-319,259.569

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