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Property profile & analytics
OFF-MARKET
Land

34377 Lerdo Hwy Bakersfield, CA 93308

37.2 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 37.2 ac (1,620,432 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • 3 Brand Cattle Co Food Processing Plant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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