18700 Ca-65 Bakersfield, CA 93308
This exceptional investment opportunity encompasses two large parcels totaling 474.52 acres in rapidly developing North Bakersfield, California. Strategically located at the intersection of CA-65 (Porterville Highway) and James Road, this property offers unparalleled access and visibility. The land boasts approximately one mile of frontage on both sides of CA-65, providing significant development potential. A conditional approval is in place for a parcel division, creating nine separate parcels from the existing two (321.28 acres and 153.24 acres, APN 481-060-32 and 481-060-24 respectively). The property is zoned A - Agriculture, and is situated adjacent to significant recent development, including a large electric truck stop with solar array, and new industrial and residential projects. Its proximity to Meadows Field Airport and a new Amazon fulfillment center further enhances its value and potential. The asking price is $30,000,000, translating to approximately $63,222 per acre. This property presents a unique chance to capitalize on Bakersfield's northern expansion, controlling all four corners of a major intersection. The location offers exceptional exposure and accessibility, making it ideal for a variety of commercial, industrial, and residential developments. The Kern County location, with a Bakersfield zip code of 93308, provides easy access to major transportation routes and amenities.
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.