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    Patti Ave Bakersfield, CA 93308

    Sponsored
    For Sale
    $199,000

    Prime agricultural & residential land, 21.23 acres, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 21.23-acre property in Bakersfield, California, presents a unique investment opportunity. Located on Patti Ave, with APN 09303218 and zip code 93308, this land is zoned A (Agricultural) and offers a versatile blend of agricultural and residential potential. The property features three distinct building site areas, providing flexibility for various development plans. Convenient access is ensured by roads traversing the land. Natural boundaries are enhanced by a strategically placed gulley, adding to the property's inherent charm. Thoughtful fencing further enhances privacy and security. Situated between existing homes, this location offers a balance between community and seclusion. The asking price is $199,000. This Kern County land provides a rare chance to create a tranquil retreat or pursue a diverse range of development projects. The property's size and strategic location make it an attractive proposition for discerning buyers seeking a substantial landholding in a desirable area. Latitude and longitude coordinates are 35.5024054, -118.9848004 respectively.

    Property Features for 0 Patti Ave

    General Information

    Property type
    Farms
    Lot Size
    924,779 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -118.9848004
    Latitude
    35.5024054

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    FAQs

    What type of property is this?
    Farm - Prime agricultural & residential land, 21.23 acres, ideal for development.
    Where is this farm located?
    The property is located at Patti Ave Bakersfield, CA.
    What is the asking price?
    The asking price for this property is $199,000.
    Request Owner's contact information
    Patti Ave Bakersfield, CA 93308
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    Realmo Value Estimation

    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.

    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.

    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
    Patti Ave Bakersfield, CA 93308
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