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    Bakersfield CA Swc Panama Ln & Gosford Rd Bakersfield, CA 93313

    Sponsored
    For Sale
    $21,100,000

    High-traffic location, C-2 zoning. Exceptional growth potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 21.1 million dollar commercial land opportunity is strategically located at the southwest corner of Panama Lane and Gosford Road in Bakersfield, California. The property, encompassing APNs 540-010-34 & 540-010-33, is zoned C-2, offering a wide range of development possibilities. Situated at a major retail intersection, this site benefits from exceptionally high traffic volume, projected to increase significantly as the area continues to develop. The Southwest Bakersfield submarket is experiencing rapid residential growth, creating a strong demand for commercial properties and services. This presents a unique investment opportunity to capitalize on the area's burgeoning population and economic expansion. The property's prime location and C-2 zoning make it ideal for a variety of commercial uses, ensuring a strong return on investment. Detailed information regarding the exact acreage and permitted uses is available upon request. Don't miss this chance to secure a prominent position in one of Bakersfield's fastest-growing areas. The property is located in Kern County, California, with a zip code of 93313.

    Property Features for Bakersfield CA Swc Panama Ln & Gosford Rd

    General Information

    Property type
    Land

    HighLights

    • $21.1M commercial land opportunity in Bakersfield, CA.
    • Located at the southwest corner of Panama Lane and Gosford Road (APNs 540‑010‑34 & 540‑010‑33).
    • C‑2 zoning allows for diverse development options.
    • High‑traffic retail intersection with significant growth potential.
    • Strong demand driven by rapid residential growth in Southwest Bakersfield.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.09213176173
    Latitude
    35.296147065341

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    FAQs

    What type of property is this?
    Land - High-traffic location, C-2 zoning. Exceptional growth potential.
    Where is this land located?
    The property is located at Bakersfield CA Swc Panama Ln & Gosford Rd Bakersfield, CA.
    What is the asking price?
    The asking price for this property is $21,100,000.
    What are key features of this property?
    This property features: $21.1M commercial land opportunity in Bakersfield, CA.; Located at the southwest corner of Panama Lane and Gosford Road (APNs 540-010-34 & 540-010-33).; C-2 zoning allows for diverse development options.
    (661) 633-3816
    Request Owner's contact information
    Bakersfield CA Swc Panama Ln & Gosford Rd Bakersfield, CA 93313
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    Bakersfield, CA 93313
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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
    Bakersfield CA Swc Panama Ln & Gosford Rd Bakersfield, CA 93313
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