Technical
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Property profile

0 Lake Ming Rd Bakersfield, CA 93306

OFF-MARKET
Land
108 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 108 ac (4,704,480 SF)

Cap rate & NOI

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

Location

Lake Ming Rd Bakersfield, CA 93306
Bakersfield metro
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Value estimations

Realmo proprietary · 4 methods
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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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