Technical
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Property profile

0 Vineland Rd Bakersfield, CA 93306

OFF-MARKET
Land
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Vineland Rd Bakersfield, CA 93306
Bakersfield metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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