34997 Lerdo Hwy Bakersfield, CA 93308
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.
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
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.