18700 Ca-65 Bakersfield, CA 93308

Property Details for 18700 Ca-65

Lot size

153.00 lot acres

Property type

Land

Property subtype

Industrial properties

Description

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.