Beech Ave & Fresno Ave Shafter, CA 93263
- Land
- 90.09 lot acres
Current Use by Public Records
- Land
Property Details for 0 Beech Ave & Fresno Ave
- Lot size
- 90.09 lot acres
- Property type
- Land
Description
This exceptional investment opportunity encompasses 90.09 acres of land in the thriving city of Shafter, California, conveniently located at the corner of N Beech Ave and Fresno Ave (zip code 93263). The property consists of two parcels: Parcel 1, spanning 38.18 acres, already has a tentative tract map approved for 102 buildable residential lots. This approval has been extended to March 2023, with the possibility of further extension. Parcel 2 comprises 51.91 acres of farmland, offering significant potential for future development. The property is zoned E - Estate, and its APN is 089-010-04, 089-020-20. Situated in Kern County's Central Valley, this location benefits from proximity to major highways, ensuring excellent accessibility. The asking price for this expansive property is $4,600,000. This presents a rare chance to acquire a substantial land holding with immediate development potential in a rapidly growing area. The existing tentative tract map for Parcel 1 significantly reduces the time and cost associated with bringing this project to fruition. The combination of buildable lots and additional farmland provides flexibility for a variety of development scenarios. Don't miss this opportunity to capitalize on the growth of Shafter.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Shafter
- County
- Kern
- State
- California
- Longitude
- -119.26
- Latitude
- 35.5143