5833 Union AveBakersfield, CA 93307

This 9.77-acre parcel, located at the hard corner of a signalized intersection in Bakersfield, CA (5833 S Union Ave, 93307), presents a unique investment opportunity. The property boasts C-2 and MX-2 zoning, allowing for a wide array of commercial and high-density residential uses. Permitted commercial uses include, but are not limited to, gas stations, convenience stores, restaurants, auto parts sales, used car dealerships, and auto rental agencies. The MX-2 zoning designation permits the development of both commercial retail and high-density residential uses on the same parcel, eliminating the need for a zone change. This prime location sits at the southwest corner of the busy intersection of South Union Avenue (Old Highway 99) and Fairview Road, offering excellent visibility and accessibility. The flat topography and readily available utilities make this site ideal for immediate development. The property's Assessed Parcel Number (APN) is 413-020-49. The asking price is $2,475,000, translating to a land value of $6.43 per square foot. The property's size and zoning flexibility also present the possibility of subdivision into smaller parcels, further enhancing its investment potential.