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Property profile & analytics
OFF-MARKET
Land

0 Morning Dr Bakersfield, CA 93306

17.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 17.4-acre commercial land parcel presents a unique investment opportunity in Northeast Bakersfield, California. Situated in a rapidly growing area near recently completed residential developments, this property offers significant potential for various commercial uses. The land is zoned C-1, allowing for a wide range of commercial projects. The property is conveniently located adjacent to the US-178 Morning Drive on/off ramp, ensuring excellent accessibility and high visibility. The total acreage is approximately 17.4 acres, potentially divisible into two blocks: Block 1, roughly 6.6 acres, and Block 2, approximately 10.8 acres. The land value is $5.50 per square foot, with an asking price of $4,168,692. The property's location offers limited retail competition in the immediate vicinity, making it an attractive proposition for businesses seeking a strategic advantage. The Assessor's Parcel Number (APN) is 531-011-04. This property is ideally suited for developers and investors seeking a prime location in a thriving Bakersfield market. The address is Morning Dr, Bakersfield, CA 93306, within Kern County.

Property profile
Verified
Property type Land
Lot 17.4 ac (757,944 SF)
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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