8301 Kroll Way, Bakersfield, CA 93311

This property features approximately 9.42 acres (approximately 410,335 SF) of development land suitable for a mini-storage development. It is located off State Route CA 99, adjacent to Bakersfield College and the Country Club. The parcel benefits from an existing long-term telecommunications lease generating $1,000 per year in passive income since 1999. The lease is currently in its 3rd renewal term (9/1/2019 – 8/31/2024), with the 4th renewal term (9/1/2024 – 8/31/2029) upcoming. The location provides convenient access to major transportation routes and a well-established commercial infrastructure. Nearby amenities include retail and dining at The Marketplace, and River Walk Park. Potential development opportunities include RV/mini storage, office space, and apartments. An 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. An 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. An apartment 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.).