0 Vineland Rd Bakersfield, CA 93306
This exceptional 74-lot parcel in Bakersfield, California, presents a remarkable investment opportunity. Located on Vineland Road in Kern County, zip code 93306 (latitude 35.3812225, longitude -118.8941788), this residential land boasts a tentative map already in place, paving the way for immediate development. The zoning allows for both single-family residences (SFR) and multi-unit dwellings, offering significant flexibility and potential for substantial returns. The property is ideally situated within a rapidly growing area, surrounded by existing residential developments and attractively priced homes, indicating strong market demand. While utilities are nearby, potential buyers are responsible for verifying the availability of all necessary utilities, confirming zoning regulations, and conducting their own due diligence. This is a "City in the Hills" opportunity, promising significant upside. The seller may consider owner financing for a qualified buyer. Don't miss this chance to acquire a large-scale development project in a thriving Bakersfield neighborhood. The asking price for this expansive land parcel is $679,000.
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.