Property profile

0 Merced Ave Shafter, CA 93263

OFF-MARKET
Land
19.54 ac lot
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Property summary

AI-generated overview

This exceptional 19.54-acre vacant land parcel presents a unique investment opportunity in Shafter, California. Located on Merced Avenue in Kern County, this property boasts convenient access to Highway 99, with the on and off-ramps less than half a mile away. The land is zoned A - Exclusive Agriculture, offering potential for various uses. Its strategic location adjacent to Shafter's city limits and a cluster of commercially zoned parcels significantly enhances its development prospects. The proximity to established businesses, including a Flying J Travel Center, Jack in the Box, Taco Bell, and Starbucks, further underscores the property's commercial viability. The Assessed Parcel Number (APN) is 073-290-28, and the asking price is $1,702,325. This expansive tract presents a compelling opportunity for investors seeking land with high potential for future commercial development in a rapidly growing area. The property's size and location make it ideal for a variety of commercial ventures, capitalizing on the high traffic volume and proximity to major transportation routes. Detailed zoning information and development possibilities are available upon request. Don't miss this chance to acquire a significant land holding in a prime location.

Property profile

Verified
Property type Land
Lot 19.54 ac (851,162 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Merced Ave Shafter, CA 93263
Shafter metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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