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    Merced Ave Bakersfield, CA 93308

    Sponsored
    For Sale
    $3,500,000

    19.98 Acres, Hwy 99 Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 19.98-acre commercial land parcel presents a prime development opportunity in Bakersfield, California. Strategically located near the Highway 99/Merced Avenue interchange, this high-visibility site boasts significant daily traffic counts. Zoned CH PD - Commercial Highway, the property allows for a diverse range of uses. The location offers easy access to the Bakersfield Metropolitan Statistical Area (MSA), a thriving hub for industrial and agricultural activity. A planned mixed-use travel center development is envisioned, potentially including a truck stop, convenience store, gas and diesel fueling stations, truck repair and wash facilities, hotel, quick-service restaurants, and other amenities catering to both the trucking industry and highway travelers. The property's size and zoning provide ample space for a large-scale development project, capitalizing on the high traffic volume and strategic location along a major transportation corridor. The asking price is $3,500,000. The Kern County Assessor's Parcel Number (APN) is 073-290-26-00-3. This is an exceptional opportunity for investors seeking a high-impact commercial development project in a rapidly growing market.

    Property Features for 0 Merced Ave

    General Information

    Property type
    Land
    Lot Size
    870,329 SF

    HighLights

    • $3,500,000 asking price.
    • 19.98‑acre commercial land parcel.
    • CH PD (Commercial Highway) zoning.
    • High‑traffic location at Hwy 99/Merced Ave interchange in Bakersfield, CA.
    • Excellent access to the Bakersfield MSA, a key industrial and agricultural market.
    • Convenient freeway access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.1292167
    Latitude
    35.5442708

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    FAQs

    What type of property is this?
    Land - 19.98 Acres, Hwy 99 Development
    Where is this land located?
    The property is located at Merced Ave Bakersfield, CA.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: $3,500,000 asking price.; 19.98-acre commercial land parcel.; CH PD (Commercial Highway) zoning.
    (530) 777-3269
    Request Owner's contact information
    Merced Ave 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
    Merced Ave Bakersfield, CA 93308
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