99 Taft Hwy & Hwy Bakersfield, CA 93313
This exceptional 16.72-acre commercial land parcel presents a remarkable investment opportunity in Bakersfield, California. Strategically located at the northwest quadrant of the high-traffic intersection of Taft Highway (Highway 119) and Highway 99, this property boasts an advantageous position with exceptional visibility and accessibility. The site is zoned C-2, allowing for a wide range of commercial uses, making it ideal for developers seeking to capitalize on the area's robust economic activity. With an impressive Annual Average Daily Traffic (AADT) of 76,600 vehicles traversing Taft Highway and Highway 99, this location guarantees significant exposure for any commercial venture. The property's size and zoning make it particularly well-suited for hospitality, retail, or food-related businesses. The asking price is $4,100,000. The property's APN is 514-060-08 & 541-060-09. This prime location in Bakersfield, within Kern County, and conveniently situated at 93313, offers unparalleled potential for substantial returns. Don't miss this chance to acquire a highly desirable commercial property in a thriving market. The coordinates are 35.2670035 latitude and -119.0620598 longitude.
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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No recorded transactions found for this property.
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Risks
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