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    Lake Ming Rd Bakersfield, CA 93306

    Sponsored
    For Sale
    Contact for pricing

    Prime Bakersfield development land, 108 acres, mixed-use potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 108-acre property presents a unique mixed-use development opportunity in northeast Bakersfield, California. Located at the intersection of Alfred Harrell Highway and South Lake Ming Road, this site offers unparalleled visibility and accessibility. The property benefits from its strategic location near Lake Ming, Hart Park, Kern River Golf Course, and the Kern River, attracting both residents and visitors. City-approved development plans allow for a variety of residential densities, while preserving the natural beauty of the surrounding area. The property's zoning includes key C-2 Regional Commercial and C-O Commercial Office areas, creating synergistic opportunities for commercial development alongside residential components. This location provides a desirable blend of a tranquil, rustic setting with convenient access to Bakersfield amenities via Alfred Harrell Highway and Highway 178, and proximity to local schools. The property's size and strategic location make it an ideal investment for developers seeking a high-impact project in a thriving area. This is a rare opportunity to acquire a large parcel of land with significant development potential in a rapidly growing submarket. The property's address is 93306, Kern County, CA.

    Property Features for 0 Lake Ming Rd

    General Information

    Property type
    Land
    Lot Size
    4,704,480 SF

    HighLights

    • 108‑acre land parcel in Bakersfield, CA.
    • Located at the intersection of Alfred Harrell Highway and South Lake Ming Road.
    • Zoned for residential and commercial development, including C‑2 Regional Commercial and C‑O Commercial Office uses.
    • City‑approved development plans allow for varying residential densities.
    • Excellent access to Highway 178 and proximity to Lake Ming, Hart Park, and Kern River Golf Course.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -118.8702385
    Latitude
    35.4288426

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    FAQs

    What type of property is this?
    Land - Prime Bakersfield development land, 108 acres, mixed-use potential.
    Where is this land located?
    The property is located at Lake Ming Rd Bakersfield, CA.
    What are key features of this property?
    This property features: 108-acre land parcel in Bakersfield, CA.; Located at the intersection of Alfred Harrell Highway and South Lake Ming Road.; Zoned for residential and commercial development, including C-2 Regional Commercial and C-O Commercial Office uses.
    (661) 631-3807
    Request Owner's contact information
    Lake Ming Rd Bakersfield, CA 93306
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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
    Lake Ming Rd Bakersfield, CA 93306
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