0 Terracotta Ct Bakersfield, CA 93314
This exceptional 5.12-acre parcel, located in Northwest Bakersfield, California, presents a prime opportunity for industrial development. Zoned M-1 PD (Light Industrial – Precise Development Overlay) by the City of Bakersfield, this property boasts convenient access to major transportation arteries. Situated on a private cul-de-sac off Hageman Road, near the intersection of Hageman and Allen Roads, it offers easy access to both North and Southbound Central Valley Highway, as well as East and Westbound access to Rosedale Highway and Westside Parkway. The property features a single point of ingress/egress and a CMU block wall along its western boundary. A significant advantage is the inclusion of one pylon sign slot on either side of an existing pylon sign facing Hageman Road, providing excellent visibility for any business. The APN is 464-022-70. This property's strategic location and zoning make it ideal for a variety of industrial uses. The asking price is $1,400,000.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.