Panama Rd Bakersfield, CA 93307
- Land
- 315.12 lot acres
Current Use by Public Records
- Land
Property Details for 0 Panama Rd
- Lot size
- 315.12 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 315.12-acre property in Bakersfield, California (Kern County, zip code 93307, APN 503-021-02/04/05/07/09/11/13) presents a unique investment opportunity. Currently featuring a mix of agricultural uses, approximately 78 acres are planted with almonds (planted in 2012), while the remaining acreage is comprised of irrigated farmland. Note that the western 160+ acres of almonds are currently being removed. The property benefits from a reliable water supply via two turnouts from the Arvin-Edison Water District. Zoned for agricultural use, this expansive land parcel offers significant potential for various farming operations. Detailed information is available in the attached brochure. The asking price for this substantial holding is $5,514,600. Located conveniently on Panama Road in Bakersfield, this property offers easy access to transportation routes and local amenities. The property's size and existing infrastructure make it an attractive proposition for both established agricultural businesses and those seeking to expand their operations. Serious inquiries only.
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
- Bakersfield
- County
- Kern
- State
- California
- Longitude
- -118.798
- Latitude
- 35.2675
