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    Oswell St Bakersfield, CA 93307

    Sponsored
    For Sale
    $1,900,000

    Prime 20-acre residential development land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 20-acre parcel presents a remarkable opportunity for residential development in Bakersfield, California. Located at the southwest corner of Oswell Street and Zephyr Lane, this property enjoys convenient access to Highway 58, ensuring seamless connectivity. The land is situated directly adjacent to the established Tyner Ranch subdivision, offering immediate proximity to existing residential infrastructure. Currently zoned for agricultural use (Ag), this property holds significant potential for rezoning to R-1 or R-3, paving the way for a substantial residential project. All essential utilities are readily available in the vicinity, simplifying the development process. The property's expansive size, strategic location, and development potential make it an attractive investment for builders and developers seeking to capitalize on Bakersfield's thriving real estate market. The Assessor's Parcel Number (APN) is 173-191-24. The asking price for this exceptional land opportunity is $1,900,000.

    Property Features for 0 Oswell St

    General Information

    Property type
    Land
    Lot Size
    871,200 SF

    HighLights

    • 20‑acre parcel ideal for residential development in Bakersfield, CA.
    • Located at Oswell St & Zephyr Ln, with easy Highway 58 access.
    • Adjacent to Tyner Ranch subdivision.
    • Currently Ag‑zoned, with potential for R‑1 or R‑3 rezoning.
    • Utilities readily available.
    • APN: 173‑191‑24.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -118.950717
    Latitude
    35.346514

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    FAQs

    What type of property is this?
    Land - Prime 20-acre residential development land.
    Where is this land located?
    The property is located at Oswell St Bakersfield, CA.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: 20-acre parcel ideal for residential development in Bakersfield, CA.; Located at Oswell St & Zephyr Ln, with easy Highway 58 access.; Adjacent to Tyner Ranch subdivision.
    (661) 859-5600
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    Oswell St Bakersfield, CA 93307
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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
    Oswell St Bakersfield, CA 93307
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