34377 Lerdo Hwy Bakersfield, CA 93308
This exceptional 37.2-acre property, located at 34377 Lerdo Hwy, Bakersfield, CA 93308 (APN 481-040-09), presents a unique investment opportunity. Zoned A-1, this land offers remarkable versatility. Situated in Kern County, between Porterville Highway (CA-65) and Highway 99, it enjoys prime visibility with direct frontage on Lerdo Highway, a county-maintained road. The property's strategic location places it in the growth path of North Bakersfield, offering significant potential for future appreciation. The land is bordered by a Wonderful Citrus Grove to the west, Cawelo Water Canal to the north, and private land to the east. The asking price is $1,488,000, or $40,000 per acre. Owner financing is available, along with a lease-with-purchase option. The A-1 zoning permits a wide range of uses, including agricultural, residential, commercial, and industrial development. Imagine the possibilities: cultivate crops, develop an industrial park, construct cold storage facilities, create a horse property, or build a custom ranch house. This property's diverse potential makes it an ideal investment for discerning buyers seeking flexibility and growth potential in a thriving area.
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3 Brand Cattle Co Food Processing Plant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.