0 Compagnoni St Bakersfield, CA 93313
This exceptional 26.17-acre industrial land parcel in Bakersfield, California, presents a compelling investment opportunity. Located in Kern County, with a 93313 zip code, the property boasts nearly 2000 feet of frontage along the heavily trafficked Highway 99 Freeway, ensuring unparalleled visibility for any development. The M-1 zoning allows for a wide range of industrial uses, making it ideal for businesses seeking high-profile locations. The site's strategic position offers easy access to major transportation arteries, including Interstate 5, providing seamless connectivity for logistics and distribution operations. This prime location benefits from a dynamic growth environment, characterized by increasing traffic volume, population expansion, burgeoning commercial activity, and significant residential development in the surrounding area. Local government infrastructure investments further enhance the property's appeal. The property's APN numbers are 184-160-07-00-9; 184-470-04-00-0; and 184-470-06-00-6. The asking price is $10,499,000. This fully entitled site is ready for immediate development, representing a rare chance to capitalize on Bakersfield's thriving industrial market. Please note that billboards are not included in the sale. The property is situated on Compagnoni St.
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
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Property description
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Risks
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