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    Watson Realty

    9101 Camino Media, Bakersfield, CA 93311
    (661) 327-5161
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    • Land
    • Farm

    Listings

    For Sale (36)

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    Bakersfield Land with Equestrian Potential
    $314,900
    4.98 Acres

    Bakersfield Land with Equestrian Potential

    Tranquil 4.98-acre lot ideal for custom equestrian estate.

    Brandy Jo St, Bakersfield, CA 93308
    View details
    Rancheria Road Land For Sale
    $959,730
    639.82 Acres

    Rancheria Road Land For Sale

    640+ acre ranch near Democrat Hot Springs.

    Apn 075-040-07, Bakersfield, CA 93307
    View details
    Land Near Tyner Ranch Subdivision
    $1,900,000
    20.00 Acres

    Land Near Tyner Ranch Subdivision

    20+ acres with R-1/R-3 potential near Hwy 58.

    Zephyr Ln, Bakersfield, CA 93307
    View details
    2.5 Acres of California Land
    Contact for pricing
    2.50 Acres

    2.5 Acres of California Land

    2.5 acres in Kern County, near irrigated farmland.

    Buttonwillow, CA 93206
    View details
    Corner Lot Ready for Development
    $89,000
    0.14 Acres

    Corner Lot Ready for Development

    Vacant lot zoned R-2 with plans for duplex and ADU.

    100 S Owens St, Bakersfield, CA 93307
    View details
    Delano Land For Sale
    $200,172
    47.66 Acres

    Delano Land For Sale

    Rolling acreage in the foothills near Delano, California.

    Not Yet Named, Delano, CA 93250
    View details
    Rare 2.5 Acre Lot
    $425,000
    2.60 Acres

    Rare 2.5 Acre Lot

    2.5 acre lot in Northwest Bakersfield, build your dream home.

    Byford Ave, Bakersfield, CA 93314
    View details
    38 Acres on Interstate 5
    $1,650,000
    37.49 Acres

    38 Acres on Interstate 5

    38-acre parcel with M-1 zoning near Interstate 5.

    58 & Old Tracy Ave, Buttonwillow, CA 93206
    View details
    Land in Bodfish, California
    $40,000
    0.19 Acres

    Land in Bodfish, California

    Vacant lot with mountain views near Lake Isabella.

    747 Redhill Rd, Bodfish, CA 93205
    View details
    Wofford Heights Vacant Land
    $399,900
    36.50 Acres

    Wofford Heights Vacant Land

    36+/- acres with mountain views, ideal for building or business.

    Highway 155, Wofford Heights, CA 93285
    View details
    Wooded Lot Near Ski Resort
    Contact for pricing
    0.26 Acres

    Wooded Lot Near Ski Resort

    Wooded mountain lot near Lake Isabella and Kern River.

    1460 Pinecone Ct, Wofford Heights, CA 93285
    View details
    Bakersfield Land with Equestrian Potential
    $314,900
    4.98 Acres

    Bakersfield Land with Equestrian Potential

    4.98 acre lot ideal for custom equestrian estate.

    Brandy Jo St, Bakersfield, CA 93308
    View details
    Bakersfield Land with Equestrian Potential
    $314,900
    4.98 Acres

    Bakersfield Land with Equestrian Potential

    Tranquil 4.98-acre lot ideal for custom equestrian estate.

    Brandy Jo St, Bakersfield, CA 93308
    View details
    Land in Rosamond, California
    Contact for pricing
    2.29 Acres

    Land in Rosamond, California

    2.29 acres of land perfect for building or investment.

    Gayiety Ave, Rosamond, CA 93560
    View details
    Residential Lot in Taft, CA
    $55,000
    0.14 Acres

    Residential Lot in Taft, CA

    Residential lot with utilities and fencing in Taft, CA.

    411 Rose Ave, Taft, CA 93268
    View details
    Delano Land For Sale
    $116,172
    27.66 Acres

    Delano Land For Sale

    Rolling acreage in the foothills near Delano, California.

    Not Yet Named, Delano, CA 93250
    View details
    Bakersfield Land with Equestrian Potential
    $314,900
    4.98 Acres

    Bakersfield Land with Equestrian Potential

    Tranquil 4.98-acre lot ideal for custom equestrian estate.

    Brandy Jo St, Bakersfield, CA 93308
    View details
    Bakersfield Commercial Building For Sale
    $400,000
    2,231 SF

    Bakersfield Commercial Building For Sale

    Commercial building housing iconic bar and lounge, real property only.

    907 N Chester Ave, Bakersfield, CA 93308
    View details
    Prime Commercial Land, Bakersfield
    $1,349,000
    1.44 Acres

    Prime Commercial Land, Bakersfield

    1.43 acres of commercially zoned land on a hard corner.

    Rosedale Hwy, Bakersfield, CA 93314
    View details
    20 Acres Agricultural Land, Shop
    $499,000
    20.05 Acres

    20 Acres Agricultural Land, Shop

    20 acres of AG zoned land with existing infrastructure.

    13114 Olen Ave, Bakersfield, CA 93311
    View details
    Lake Isabella Motel For Sale
    $1,250,000
    2.90 Acres

    Lake Isabella Motel For Sale

    Historic 17-unit motel with potential restaurant/cafe conversion.

    400 Ca-155, Lake Isabella, CA 93240
    View details
    Turnkey RCFE Facility in Bakersfield
    $675,000
    2,316 SF

    Turnkey RCFE Facility in Bakersfield

    Profitable, licensed RCFE facility with solar panels and hospice beds.

    2513 Oak View Ct, Bakersfield, CA 93311
    View details
    Mojave Land Opportunity
    $140,000
    2.50 Acres

    Mojave Land Opportunity

    2.5 acre lot zoned A1-MH in Mojave, CA.

    42909005007, Mojave, CA 93501
    View details
    Bakersfield Vacant Land Opportunity
    $2,000,000
    11.88 Acres

    Bakersfield Vacant Land Opportunity

    13.30 acres of vacant land in Northeast Bakersfield.

    6215 Fairfax Rd, Bakersfield, CA 93307
    View details
    Bakersfield Land Development Opportunity
    $875,000
    3.27 Acres

    Bakersfield Land Development Opportunity

    Expansive 4.17-acre lot zoned R4 in central Bakersfield.

    1101 Castro Ln, Bakersfield, CA 93304
    View details
    Bakersfield Land with Ranch Surroundings
    $490,000
    20.00 Acres

    Bakersfield Land with Ranch Surroundings

    20 acres in desirable area near hiking and equestrian trails.

    5100 Valley St, Bakersfield, CA 93306
    View details
    Bakersfield Commercial Property with Solar
    $1,100,000
    9,150 SF

    Bakersfield Commercial Property with Solar

    Versatile commercial property in central Bakersfield with retail and warehouse space.

    2305 Chester Ave, Bakersfield, CA 93301
    View details
    Prime Commercial Land I-5 Access
    $2,990,000
    9.88 Acres

    Prime Commercial Land I-5 Access

    9.88 acres with freeway access, high visibility, utilities available.

    Copus Rd, Bakersfield, CA 93313
    View details
    Bakersfield Multifamily Investment Opportunity
    $1,250,000
    4,866 SF

    Bakersfield Multifamily Investment Opportunity

    Multifamily property with value-add potential in historic Oleander Tract.

    319 Holtby Rd, Bakersfield, CA 93304
    View details
    Rosamond Land with Open Possibility
    Contact for pricing
    2.29 Acres

    Rosamond Land with Open Possibility

    2.29 acres of land in Rosamond, California.

    Gayiety Ave, Rosamond, CA 93560
    View details
    Commercial Lot in High-Traffic Area
    $115,000
    0.16 Acres

    Commercial Lot in High-Traffic Area

    Commercial lot suitable for retail, car lot, or laundromat.

    2415 Alta Vista Dr, Bakersfield, CA 93305
    View details
    Four-Unit Multifamily Property in Bakersfield
    $449,999
    2,046 SF

    Four-Unit Multifamily Property in Bakersfield

    Four-unit property with value-add potential in Bakersfield, California.

    1210 Oregon St, Bakersfield, CA 93305
    View details
    38 Acre I-5 Interchange Land
    Contact for pricing

    38 Acre I-5 Interchange Land

    38 acre M-1 zoned land with I-5 visibility.

    Ca-58, Buttonwillow, CA 93206
    View details
    Lamont Restaurant & Bar Business
    $650,000
    3,000 SF

    Lamont Restaurant & Bar Business

    Thriving eatery, liquor license included.

    9705 Main St, Lamont, CA 93241
    View details
    High-Traffic Area Business Opportunity
    Contact for pricing

    High-Traffic Area Business Opportunity

    Own a business in a prime, high-traffic location.

    3300 Buena Vista Rd, Bakersfield, CA 93311
    View details
    20 Acres AG Zoned Land
    Contact for pricing

    20 Acres AG Zoned Land

    20 acres of AG zoned land with existing infrastructure.

    13114 Olen Ave, Bakersfield, CA 93311
    View details

    For Lease (2)

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    Bakersfield Office Building For Lease
    $5,536 / Mo
    43,560 SF

    Bakersfield Office Building For Lease

    Single-story office building in North Bakersfield with flexible lease terms.

    4000 Rio Del Norte St, Bakersfield, CA 93308
    View details
    Commercial Land Near Hard Rock
    $262,091
    94,961 SF

    Commercial Land Near Hard Rock

    2.18 acre commercial land near future Hard Rock Casino.

    Mettler Frontage Rd, Mettler, CA 93313
    View details

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    Watson Realty
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Watson Realty
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