119 Hwy Bakersfield, CA 93311
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.
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.