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    20287 7Th Standard Rd McKittrick, CA 93251

    Sponsored
    For Sale
    $500,000

    59.82 Acres, Oil Field Proximity, Investment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 59.82-acre property presents a unique investment opportunity in the heart of McKittrick, California's Belridge Oil Field Country. Located at 20287 7th Standard Rd, Kern County, CA 93251 (APN 098-120-04), this versatile land boasts significant frontage on 7th Standard Road, offering excellent accessibility. The property's strategic location places it west of the Belridge South Oil Field and east of the Chico-Martinez Oil Field, providing immediate proximity to established industry. Currently, approximately 10 acres are under an active lease to an oil field equipment salvage yard tenant, generating existing income. The remaining acreage is unencumbered and ripe for development. This expansive parcel offers considerable flexibility, allowing for subdivision into smaller lots, the construction of custom-built structures (such as steel buildings or warehouses), or the drilling of wells. The seller is open to negotiating both sale and lease terms, and owner financing is available, making this a highly attractive proposition for a diverse range of investors and developers. This is a rare chance to acquire a substantial land holding in a thriving industrial and commercial area with significant potential for future growth.

    Property Features for 20287 7Th Standard Rd

    General Information

    Property type
    Farms
    Lot Size
    2,605,759 SF

    HighLights

    • 7th Standard Road frontage.
    • Excellent proximity to the Belridge Oil Field.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    McKittrick
    County
    Kern
    State
    California
    Longitude
    -119.6926784
    Latitude
    35.4410835

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    FAQs

    What type of property is this?
    Farm - 59.82 Acres, Oil Field Proximity, Investment Opportunity
    Where is this farm located?
    The property is located at 20287 7Th Standard Rd McKittrick, CA.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: 7th Standard Road frontage.; Excellent proximity to the Belridge Oil Field.;
    Request Owner's contact information
    20287 7Th Standard Rd McKittrick, CA 93251
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    McKittrick, CA 93251
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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
    20287 7Th Standard Rd McKittrick, CA 93251
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