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Property profile & analytics
OFF-MARKET
Land

0 Panama Rd Bakersfield, CA 93307

315.12 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 315.12 ac (13,726,627 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
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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