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0 T St Bakersfield, CA 93304

OFF-MARKET Land Google Maps
Estimated value
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Property ID

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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