0 Lake Ming Rd Bakersfield, CA 93306
This exceptional 108-acre property presents a unique mixed-use development opportunity in northeast Bakersfield, California. Located at the intersection of Alfred Harrell Highway and South Lake Ming Road, this site offers unparalleled visibility and accessibility. The property benefits from its strategic location near Lake Ming, Hart Park, Kern River Golf Course, and the Kern River, attracting both residents and visitors. City-approved development plans allow for a variety of residential densities, while preserving the natural beauty of the surrounding area. The property's zoning includes key C-2 Regional Commercial and C-O Commercial Office areas, creating synergistic opportunities for commercial development alongside residential components. This location provides a desirable blend of a tranquil, rustic setting with convenient access to Bakersfield amenities via Alfred Harrell Highway and Highway 178, and proximity to local schools. The property's size and strategic location make it an ideal investment for developers seeking a high-impact project in a thriving area. This is a rare opportunity to acquire a large parcel of land with significant development potential in a rapidly growing submarket. The property's address is 93306, Kern County, CA.
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.