0 317.35 +/- Acres Of Agricultural And Transitional Use Lands Bakersfield, CA 93301
This exceptional 317.35 +/- acre property presents a unique investment opportunity in Bakersfield, Kern County, California (zip code 93301). Located in the desirable Edison farming area, this land boasts a combination of high elevation and flat topography, contributing to historically strong citrus yields. Currently, 117.00 +/- acres are planted with citrus, and 185.00 +/- net acres are available as open farmland. The soil is classified as 100% Class 1, ensuring optimal growing conditions. Irrigation is secured through two agricultural irrigation wells, supplemented by water delivered from the Arvin Edison Water Storage District (AEWSD). Beyond citrus, the land is suitable for high-value crops such as carrots, potatoes, and wine grapes. The property's strategic location offers potential for future development within the expanding industrial landscape east of Bakersfield. The permitted zoning is A - Exclusive Agriculture. The asking price is $6,376,840. This is a rare opportunity to acquire a large parcel of prime agricultural land with significant upside potential in a thriving agricultural region.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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