Alfred Harrell Hwy Bakersfield, CA 93308
- Land
- 846.90 lot acres
Current Use by Public Records
- Land
Property Details for 0 Alfred Harrell Hwy
- Lot size
- 846.90 lot acres
- Property type
- Land
Description
The Canyons presents a unique opportunity to acquire ±846.9 acres of prime land in Bakersfield, California. Situated on a mesa overlooking the Kern River in Northeast Bakersfield (zip code 93308), this expansive property is ideally positioned for a master-planned development. The land boasts permitted zoning for residential (R-1, R-2) and commercial (C-2) uses, opening doors to a diverse range of development possibilities. Envisioned amenities include parks and bike trails, enhancing the livability and appeal of the future community. While the property was previously considered for oil production, the mineral rights are not included in the sale. However, the sellers are open to joint venture proposals for oil production on a portion of the property. This presents a compelling investment opportunity for developers seeking to create a thriving residential and commercial hub in a desirable location. The property's size and versatile zoning make it an exceptional canvas for a large-scale project, offering significant potential for long-term growth and return. The asking price for this remarkable development opportunity is $3,500,000. Located on Alfred Harrell Hwy in Kern County, this property offers unparalleled potential for a visionary developer.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bakersfield
- County
- Kern
- State
- California
- Longitude
- -118.901
- Latitude
- 35.4354