Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Panama Rd Bakersfield, CA 93307

    Sponsored
    For Sale
    $5,514,600

    Irrigated farmland, almond orchard, excellent water rights.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 315.12-acre property in Bakersfield, California (Kern County, zip code 93307, APN 503-021-02/04/05/07/09/11/13) presents a unique investment opportunity. Currently featuring a mix of agricultural uses, approximately 78 acres are planted with almonds (planted in 2012), while the remaining acreage is comprised of irrigated farmland. Note that the western 160+ acres of almonds are currently being removed. The property benefits from a reliable water supply via two turnouts from the Arvin-Edison Water District. Zoned for agricultural use, this expansive land parcel offers significant potential for various farming operations. Detailed information is available in the attached brochure. The asking price for this substantial holding is $5,514,600. Located conveniently on Panama Road in Bakersfield, this property offers easy access to transportation routes and local amenities. The property's size and existing infrastructure make it an attractive proposition for both established agricultural businesses and those seeking to expand their operations. Serious inquiries only.

    Property Features for 0 Panama Rd

    General Information

    Property type
    Farms
    Lot Size
    13,726,627 SF

    HighLights

    • $5,514,600 asking price
    • 315.12‑acre agricultural land parcel
    • Located in Bakersfield, Kern County, CA, zip code 93307
    • APN: 503‑021‑02/04/05/07/09/11/13
    • Currently features approximately 78 acres of almond orchard (2012 planting) and irrigated farmland; western 160+ acres of almonds are being removed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -118.79786025
    Latitude
    35.26754065

    Nearby Similar for Sale

    • $14,500,000
      5,042 SF

      Versatile 150-Acre Agricultural Property

      150-acre agricultural property near Freeway 99, ideal for farming.
      8661 Herring Rd, Bakersfield, CA 93313
      View Details
    • $14,500,000
      150.00 Acres

      150-Acre Agricultural Property, Bakersfield

      Versatile land near Freeway 99, ideal for farming/development.
      8661 Herring Rd, Bakersfield, CA 93313
      View Details
    • $515,000
      2,685 SF

      Well-Maintained Duplex with Income Potential

      Spacious duplex in Bakersfield, ideal for investors or homeowners.
      2310 B St, Bakersfield, CA 93301
      View Details
    • $439,995
      2,798 SF

      Remodeled Commercial Building in Bakersfield

      Remodeled commercial building with two suites in high-traffic location.
      306 Roberts Ln, Bakersfield, CA 93308
      View Details
    • $1,595,000
      2,782 SF

      Bakersfield Commercial Property on Rosedale

      1.12-acre C-2 property with frontage on Rosedale Highway.
      9831 Rosedale Hwy, Bakersfield, CA 93312
      View Details
    • New
      $229,900
      922 SF

      Bakersfield Duplex on Large Lot

      Charming duplex in central Bakersfield near shopping and Highway 99.
      2403 S I St, Bakersfield, CA 93304
      View Details
    • $325,000
      1,344 SF

      Bakersfield Office with Detached Studio

      Office building with studio on corner lot in downtown Bakersfield.
      430 H St, Bakersfield, CA 93304
      View Details
    • New
      $639,900
      0.14 Acres

      Bakersfield Duplex Investment Opportunity

      Duplex in Northwest Bakersfield with strong rental demand.
      8607 Grandy St, Bakersfield, CA 93314
      View Details
    • $1,275,000
      5,114 SF

      Mixed-Use Complex in Bakersfield, CA

      Value-add mixed-use property in high-traffic Bakersfield location.
      520 Union Avenue Loop, Bakersfield, CA 93307
      View Details
    • $450,000
      2,632 SF

      Mixed-Use Property with Music Studio

      Mixed-use property featuring a professional music studio and residential unit.
      931 26Th St, Bakersfield, CA 93301
      View Details
    • New
      $255,000
      1,056 SF

      Two Homes on One Lot

      Two homes on one lot with R3 zoning.
      513 Washington Ave, Bakersfield, CA 93308
      View Details
    • $795,000
      2,626 SF

      Rebuilt 4-Plex in Bakersfield

      Completely renovated 4-plex in desirable Bakersfield neighborhood.
      1804 Forrest St, Bakersfield, CA 93304
      View Details

    FAQs

    What type of property is this?
    Farm - Irrigated farmland, almond orchard, excellent water rights.
    Where is this farm located?
    The property is located at Panama Rd Bakersfield, CA.
    What is the asking price?
    The asking price for this property is $5,514,600.
    What are key features of this property?
    This property features: $5,514,600 asking price; 315.12-acre agricultural land parcel; Located in Bakersfield, Kern County, CA, zip code 93307
    Request Owner's contact information
    Panama Rd Bakersfield, CA 93307
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Panama Rd
    Bakersfield, CA 93307
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Panama Rd Bakersfield, CA 93307
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.