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2100 Panama Ln
Bakersfield, CA 93307
Walmart/Lowes Anchored Freestanding Building · Retail Property For Sale
Investment Highlights
- Panama Lane Frontage,
- Open Plan, Spacious Parking
- Walmart/ Lowes Anchor Stores
Executive Summary
2100 Panama Lane presents an opportunity to acquire a well-located commercial property in Southeast Bakersfield, positioned along a high-traffic corridor with strong visibility and access. The property benefits from frontage on Panama Lane, a major east–west thoroughfare serving the surrounding industrial, agricultural, and residential areas.
The site is ideally suited for investors seeking a value-add or owner-user opportunity, with flexible zoning that accommodates a variety of commercial or industrial uses (buyer to verify). The parcel offers functional layout, ample access, and proximity to Highway 58, providing convenient regional connectivity.
Surrounded by established commercial and industrial users, the property is located in a submarket with consistent demand driven by Bakersfield’s logistics, energy, and agricultural sectors. The area continues to see long-term growth supported by affordable land costs relative to other California markets.
This offering is well-suited for investors seeking stable real estate fundamentals with future upside through lease-up, repositioning, or redevelopment.
The site is ideally suited for investors seeking a value-add or owner-user opportunity, with flexible zoning that accommodates a variety of commercial or industrial uses (buyer to verify). The parcel offers functional layout, ample access, and proximity to Highway 58, providing convenient regional connectivity.
Surrounded by established commercial and industrial users, the property is located in a submarket with consistent demand driven by Bakersfield’s logistics, energy, and agricultural sectors. The area continues to see long-term growth supported by affordable land costs relative to other California markets.
This offering is well-suited for investors seeking stable real estate fundamentals with future upside through lease-up, repositioning, or redevelopment.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,746 SF
Building Class
B
Year Built
2014
Price
$1,950,000
Price Per SF
$410.87
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.51 AC
Zoning
C-2 - Zoned C-2. Ideal for Restaurants, Medical, or Retail.
Parking
28 Spaces (5.9 Spaces per 1,000 SF Leased)
Frontage
155’ on Panama Ln
Property Taxes
| Parcel Number | 372-021-24-00-5 | Improvements Assessment | $1,255,000 |
| Land Assessment | $510,000 | Total Assessment | $1,765,000 |
Property Taxes
Parcel Number
372-021-24-00-5
Land Assessment
$510,000
Improvements Assessment
$1,255,000
Total Assessment
$1,765,000
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