34997 Lerdo Hwy Bakersfield, CA 93308
- Land
- 10.00 lot acres
Current Use by Public Records
- Land
Property Details for 34997 Lerdo Hwy
- Lot size
- 10.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 10-acre property presents a unique investment opportunity in rapidly developing North Bakersfield. Located at 34997 Lerdo Hwy, Bakersfield, CA 93308 (APN 481-040-19), this land boasts versatile A-1 zoning, suitable for agricultural, residential, and industrial uses. The asking price is $400,000, translating to $35,000 per acre. Situated conveniently north of Lerdo Highway, east of the 99 Freeway, and west of CA-65 (Porterville Highway), this parcel offers excellent accessibility and proximity to major transportation routes. The property is adjacent to a 30-acre parcel also available for purchase, presenting the potential for a larger, 40-acre acquisition. Attractive owner financing is available, featuring a low down payment and manageable monthly payments structured over a 3-5 year term. Negotiable financing terms make this an accessible entry point for various investors and developers. This small acreage presents a compelling opportunity to capitalize on Bakersfield's growth trajectory.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bakersfield
- County
- Kern
- State
- California
- Longitude
- -119.094
- Latitude
- 35.5131
