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    1670 Golden State Ave Bakersfield, CA 93301

    For Sale
    Contact for pricing

    9.3 Acres, Central Business District, Ready to Develop

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial land offering presents a unique development opportunity in Bakersfield's vibrant Central Business District. Encompassing 1 to 9.3 acres at 1670 & 1700 Golden State Avenue, this property is situated just north of 30th Street and east of Chester Avenue. The site, zoned M-2 (Medium Industrial), is the largest available parcel within the Central Business District and benefits from a completed Phase II environmental assessment, requiring no further action. All existing structures have been removed, making it ready for immediate development. This prime location boasts high traffic volume, exceeding 50,000 cars daily, and enjoys proximity to three regional hospitals within a two-mile radius. The land is designated as a redevelopment zone, presenting significant potential for various commercial ventures. Land value ranges from $18 to $35 per square foot. This is an unparalleled chance to acquire a substantial, strategically located parcel in a thriving California market. The property is located in Kern County, CA, zip code 93301.

    Property Features for 1670 Golden State Ave

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • Multiple parcels available, ranging from 1 to 9.3 acres.
    • Fully cleared and ready for immediate development.
    • Located in a designated redevelopment zone.
    • Zoned M‑2 (Medium Industrial).
    • Clean environmental assessment; no further action required.
    • Largest available parcel in the Central Business District.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.02278667825
    Latitude
    35.389767303074

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    FAQs

    What type of property is this?
    Land - 9.3 Acres, Central Business District, Ready to Develop
    Where is this land located?
    The property is located at 1670 Golden State Ave Bakersfield, CA.
    What are key features of this property?
    This property features: Multiple parcels available, ranging from 1 to 9.3 acres.; Fully cleared and ready for immediate development.; Located in a designated redevelopment zone.
    (661) 631-3816
    Request Owner's contact information
    1670 Golden State Ave Bakersfield, CA 93301
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    Bakersfield, CA 93301
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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
    1670 Golden State Ave Bakersfield, CA 93301
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