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    506 Bear Mountain Blvd Bakersfield, CA 93307

    Sponsored
    For Sale
    $2,900,000

    Prime agricultural land, excellent water rights.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 37.77-acre property, located at 506 Bear Mountain Blvd, Bakersfield, CA 93307, presents a unique investment opportunity. Situated on the northeast corner of Bear Mountain Blvd and Highway 99, this expansive parcel boasts high-producing almond orchards covering approximately 34 acres, planted in 2018 and spaced at 22'x17' on drip irrigation. The land features Class 1, 2, and 4 soils, according to the USDA California Revised Storie Index (a detailed soil map is available). Water is secured through a contract with the Kern Island branch of the Kern Delta Water District, supplemented by a shared well with a neighboring property. The property also includes a 1360 sq ft single-family residence and a 2500 sq ft metal shop building. Zoning is designated A - Exclusive Agriculture, with approximately 11.5 acres designated as HC (Highway Commercial) in the General Plan, offering potential for future development. The asking price is $2,900,000 ($76,780/acre), cash at close of escrow. Note that the Sustainable Groundwater Management Act (SGMA) is in effect, and potential buyers should familiarize themselves with its implications and the relevant Groundwater Sustainability Plans (GSPs). Kern County APNs 185-322-15.

    Property Features for 506 Bear Mountain Blvd

    General Information

    Property type
    Farms
    Lot Size
    1,645,261 SF

    HighLights

    • 37.77‑acre property at 506 Bear Mountain Blvd, Bakersfield, CA 93307.
    • High‑producing almond orchard (34 acres) planted in 2018.
    • Class 1, 2, and 4 soils (USDA California Revised Storie Index).
    • Water rights via Kern Delta Water District contract and shared well.
    • Includes 1,360 sq ft residence and 2,500 sq ft metal shop.
    • A‑1 Exclusive Agriculture zoning with ~11.5 acres of HC (Highway Commercial) designation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Auto Repair Shop Hotel & Motel Auto Parts Store Food Market Storage Facility Convenience Store Smoke and Vape Shop Pet Supply Store Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.0077568
    Latitude
    35.2088518

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    FAQs

    What type of property is this?
    Farm - Prime agricultural land, excellent water rights.
    Where is this farm located?
    The property is located at 506 Bear Mountain Blvd Bakersfield, CA.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: 37.77-acre property at 506 Bear Mountain Blvd, Bakersfield, CA 93307.; High-producing almond orchard (34 acres) planted in 2018.; Class 1, 2, and 4 soils (USDA California Revised Storie Index).
    Request Owner's contact information
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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
    506 Bear Mountain Blvd Bakersfield, CA 93307
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