2123 Panama Rd Bakersfield, CA 93307
This exceptional 30.77-acre parcel of land presents a significant opportunity for commercial or industrial development. Located at 2123 Panama Rd, Bakersfield, CA 93307 (APN 18501011), this property boasts an M3 zoning designation, offering considerable flexibility for a wide range of uses. The expansive lot size provides ample space for large-scale projects, while the presence of two existing wells adds significant value and potential cost savings. Priced at $7,995,000 ($259,831/acre), this property represents a compelling investment in Kern County's thriving industrial sector. The strategic location in Bakersfield offers convenient access to major transportation arteries, ensuring seamless logistics and distribution. Financing options are available for qualified buyers. Don't miss this chance to acquire a substantial land holding with exceptional potential for growth and profitability. Serious inquiries only.
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
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.