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Property profile & analytics
OFF-MARKET
Land

119 Hwy Bakersfield, CA 93311

Property ID
Property summary
AI-generated overview

This exceptional 20-acre agricultural property in Bakersfield, California, presents a compelling investment opportunity. Located at 119 HWY, Bakersfield, CA 93311 (APN 18401264), this 873,378 square foot parcel is currently zoned for agricultural use ("ag"), but possesses significant potential for rezoning to M2. This conversion would unlock substantial value, making the land ideal for industrial development, particularly the construction of multiple flex-space warehouses. The property's strategic location within a rapidly expanding industrial community ensures high demand and future growth potential. Its size allows for flexible land use, enabling division to maximize utility and profitability. The seller will carry the financing, making this a highly attractive proposition for investors seeking a high return on investment in a thriving industrial area. This prime location offers a unique chance to capitalize on the burgeoning industrial sector in Bakersfield. The property's versatility and potential for significant value appreciation make it a truly exceptional investment opportunity.

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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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