0 Oswell St Bakersfield, CA 93307
This exceptional 20-acre parcel presents a remarkable opportunity for residential development in Bakersfield, California. Located at the southwest corner of Oswell Street and Zephyr Lane, this property enjoys convenient access to Highway 58, ensuring seamless connectivity. The land is situated directly adjacent to the established Tyner Ranch subdivision, offering immediate proximity to existing residential infrastructure. Currently zoned for agricultural use (Ag), this property holds significant potential for rezoning to R-1 or R-3, paving the way for a substantial residential project. All essential utilities are readily available in the vicinity, simplifying the development process. The property's expansive size, strategic location, and development potential make it an attractive investment for builders and developers seeking to capitalize on Bakersfield's thriving real estate market. The Assessor's Parcel Number (APN) is 173-191-24. The asking price for this exceptional land opportunity is $1,900,000.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.