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    OFF-MARKET
    Land

    0 T St, Bakersfield, CA 93304

    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
    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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