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    Brundage Ln Bakersfield, CA 93304

    For Sale
    $950,000

    2.78 acres, freeway frontage, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2.78-acre commercial/industrial land parcel in Bakersfield, California, presents a prime development opportunity. Located on E Brundage Ln, near Oswell Street in the Southeast Bakersfield submarket, this M-1 zoned property boasts over 150 feet of highway frontage on Highway 58, experiencing a daily traffic count exceeding 63,000 vehicles. The property's strategic location offers unparalleled visibility and accessibility, situated directly adjacent to established businesses including Walmart, Panda Express, Jack in the Box, Chevron, and Taco Bell. The parcel's APN is 173-680-10-00-8, and it is offered at $950,000 for 100% ownership. The property's size is approximately 119,355 square feet. While a lease is currently in place, it expires January 31, 2025, leaving minimal remaining lease term. This high-traffic location and M-1 zoning make this an ideal site for a variety of commercial or industrial developments. The property's prime location and high visibility ensure significant exposure to a large customer base. This is a rare opportunity to acquire a highly desirable property in a thriving Bakersfield market. The zip code is 93304, and the Kern County location provides easy access to major transportation routes.

    Property Features for 0 Brundage Ln

    General Information

    Property type
    Land
    Lot Size
    121,097 SF

    HighLights

    • M‑1 Zoned lot, 2.74 acres, 119,355 square feet.
    • Parcel ID 173‑680‑10.
    • Asking price: $954,832.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.0213055
    Latitude
    35.354376

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    FAQs

    What type of property is this?
    Land - 2.78 acres, freeway frontage, high traffic.
    Where is this land located?
    The property is located at Brundage Ln Bakersfield, CA.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: M-1 Zoned lot, 2.74 acres, 119,355 square feet.; Parcel ID 173-680-10.; Asking price: $954,832.
    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
    Brundage Ln Bakersfield, CA 93304
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