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    OFF-MARKET
    Land

    0 Nec Hwy 99 & California Ave, Bakersfield, CA 93304

    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.8-acre parcel presents a unique investment opportunity in a high-traffic area. Located at the intersection of Highway 99 and California Avenue in Santa Clara County, this unimproved land boasts unparalleled visibility and accessibility. The property is zoned M-1 in the City of Bakersfield, offering flexibility for a variety of commercial uses. Its strategic position along Highway 99, a major thoroughfare with over 150,000 vehicles passing daily, ensures significant exposure to a large potential customer base. The site benefits from freeway signage adjacent to the US 99 Northbound on-ramp and a full freeway interchange, maximizing its marketing potential. This location is further enhanced by its proximity to established businesses, including fast-food restaurants and hotels, catering to the substantial Highway 99 traffic. The property also serves the California Avenue office corridor, a significant area encompassing over 6 million square feet of office space, providing a strong potential customer base. This is an exceptional opportunity to acquire a highly visible and strategically located commercial land parcel in a thriving area of Central California. The site's size and zoning make it ideal for a variety of commercial developments.

    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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