0 T St, Bakersfield, CA 93304
This exceptional 8,000 square foot residential lot presents a remarkable investment opportunity in Bakersfield, California. Located in Kern County, at the address of T Street, zip code 93304, this property is zoned Multiple Residential (R-3), offering significant development potential. The expansive lot size allows for the construction of multiple residential units, such as apartments or several single-family homes, catering to a variety of development plans. Its central Bakersfield location provides easy access to schools, shopping centers, major freeways, and key avenues, enhancing its appeal and potential for high occupancy rates. The property's proximity to existing residential structures, specifically the house at 501 T Street, further underscores its desirability and integration within the established neighborhood. Priced competitively at $75,000, this lot represents a compelling chance to capitalize on Bakersfield's thriving real estate market. The R-3 zoning ensures flexibility in development options, making this an ideal acquisition for both seasoned developers and those seeking a lucrative investment in a prime location. Don't miss this chance to secure this valuable piece of land.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.