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