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    Nwc Rosedale Hwy & Lassen Dr Bakersfield, CA 93312

    Sponsored
    For Sale
    $2,925,000

    5.36 Acres, C-O Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5.36-acre commercial land parcel presents a compelling investment opportunity in Bakersfield, California. Strategically located at the northwest corner of Rosedale Highway and Lassen Drive, this property boasts significant visibility and accessibility due to its high-traffic location. Rosedale Highway sees an impressive 20,007 average annual daily traffic, ensuring substantial exposure for any development. The property is zoned C-O, but the seller has already initiated the entitlement process for multifamily (R-2) zoning, opening up a wider range of development possibilities. The parcel includes four APNs: 465-030-02, 06, 07 & 08. Situated in the Northwest Bakersfield trade area, this site offers convenient access to major transportation routes and a thriving local market. The asking price for this prime commercial land is $2,925,000. This represents a rare chance to acquire a sizable, well-positioned lot with significant development potential in a rapidly growing area. The existing C-O zoning provides immediate flexibility, while the ongoing multifamily entitlement process further enhances the property's long-term value and potential returns. Don't miss this opportunity to secure a piece of Bakersfield's vibrant commercial landscape.

    Property Features for 0 Nwc Rosedale Hwy & Lassen Dr

    General Information

    Property type
    Land
    Lot Size
    233,482 SF

    HighLights

    • $2,925,000 asking price for 5.36 acres of commercial land.
    • APN: 465‑030‑02, 06, 07 & 08, currently zoned C‑O, with seller entitlements for multifamily (R‑2).
    • High traffic volume (20,007 AADT) on Rosedale Highway.
    • Northwest Bakersfield location with Rosedale Highway frontage.
    • Situated at the Northwest corner of Rosedale Highway and Lassen Drive in Rosedale, CA 93312.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.13884703
    Latitude
    35.38359476

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    FAQs

    What type of property is this?
    Land - 5.36 Acres, C-O Zoning, High Traffic
    Where is this land located?
    The property is located at Nwc Rosedale Hwy & Lassen Dr Bakersfield, CA.
    What is the asking price?
    The asking price for this property is $2,925,000.
    What are key features of this property?
    This property features: $2,925,000 asking price for 5.36 acres of commercial land.; APN: 465-030-02, 06, 07 & 08, currently zoned C-O, with seller entitlements for multifamily (R-2).; High traffic volume (20,007 AADT) on Rosedale Highway.
    (661) 631-3807
    Request Owner's contact information
    Nwc Rosedale Hwy & Lassen Dr Bakersfield, CA 93312
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    Bakersfield, CA 93312
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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.

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    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

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    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
    Nwc Rosedale Hwy & Lassen Dr Bakersfield, CA 93312
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