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    4525 Hughes Ln Bakersfield, CA 93304

    Sponsored
    For Sale
    $1,765,000

    Two prime parcels, ready for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity comprises two fully improved, vacant land parcels totaling 36,674 square feet, located at 4525 & 4601 Hughes Ln, Bakersfield, CA 93304. The properties, identified by APN numbers 405-380-29 & 405-380-30, are zoned M1 and offer significant potential for commercial or industrial development. Situated in Kern County, these parcels provide convenient access to public water and sewer services, streamlining the development process and minimizing infrastructure costs. The combined asking price for both parcels is $1,765,000. This represents a unique chance to acquire strategically located land in a thriving Bakersfield community, ideal for a variety of commercial or industrial uses. The properties' combined size and readily available utilities make them an attractive proposition for businesses seeking to establish a presence in this dynamic area. Don't miss this chance to secure these valuable assets and capitalize on the growth potential of Bakersfield.

    Property Features for 4525 Hughes Ln

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.030445
    Latitude
    35.312981

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    FAQs

    What type of property is this?
    Land - Two prime parcels, ready for development.
    Where is this land located?
    The property is located at 4525 Hughes Ln Bakersfield, CA.
    What is the asking price?
    The asking price for this property is $1,765,000.
    Request Owner's contact information
    4525 Hughes Ln Bakersfield, CA 93304
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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
    4525 Hughes Ln Bakersfield, CA 93304
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