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    34377 Lerdo Hwy Bakersfield, CA 93308

    For Sale
    $1,488,000

    37.2 Acres, Owner Financing Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 37.2-acre property, located at 34377 Lerdo Hwy, Bakersfield, CA 93308 (APN 481-040-09), presents a unique investment opportunity. Zoned A-1, this land offers remarkable versatility. Situated in Kern County, between Porterville Highway (CA-65) and Highway 99, it enjoys prime visibility with direct frontage on Lerdo Highway, a county-maintained road. The property's strategic location places it in the growth path of North Bakersfield, offering significant potential for future appreciation. The land is bordered by a Wonderful Citrus Grove to the west, Cawelo Water Canal to the north, and private land to the east. The asking price is $1,488,000, or $40,000 per acre. Owner financing is available, along with a lease-with-purchase option. The A-1 zoning permits a wide range of uses, including agricultural, residential, commercial, and industrial development. Imagine the possibilities: cultivate crops, develop an industrial park, construct cold storage facilities, create a horse property, or build a custom ranch house. This property's diverse potential makes it an ideal investment for discerning buyers seeking flexibility and growth potential in a thriving area.

    Property Features for 34377 Lerdo Hwy

    General Information

    Property type
    Farms
    Lot Size
    1,620,432 SF

    HighLights

    • High‑visibility Lerdo Highway frontage.
    • Excellent location within North Bakersfield's growth corridor.
    • Owner financing offered.
    • Lease‑purchase option available.
    • A‑1 zoning permits diverse uses including residential, agricultural, commercial, and industrial.
    Property Profile Location Intelligence

    Current Use by Public Records

    3 Brand Cattle ... Farm

    Suggested Use

    Law Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.1024221
    Latitude
    35.4995059

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    FAQs

    What type of property is this?
    Farm - 37.2 Acres, Owner Financing Available
    Where is this farm located?
    The property is located at 34377 Lerdo Hwy Bakersfield, CA.
    What is the asking price?
    The asking price for this property is $1,488,000.
    What are key features of this property?
    This property features: High-visibility Lerdo Highway frontage.; Excellent location within North Bakersfield's growth corridor.; Owner financing offered.
    Request Owner's contact information
    34377 Lerdo Hwy 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
    34377 Lerdo Hwy Bakersfield, CA 93308
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