10514 Brimhall Rd Bakersfield, CA 93312
This exceptional 3.66-acre lot in northwest Bakersfield presents a remarkable opportunity for high-density residential development. Zoned R3 by Kern County, this property allows for the construction of up to 104 units. Significant groundwork has already been completed, streamlining the development process. Comprehensive civil plans are in place, including approved street improvement plans for Verdugo (County approved) and Brimhall (City approved) roads. Further, a site precise grading plan, drainage study, geotechnical report, sewer plans, and domestic water plans (Vaughn Water) are all complete. All street plans have received final approval, leaving only building plans for submission. This ready-to-build lot offers a unique chance to capitalize on the growth of northwest Bakersfield, eliminating many of the typical hurdles associated with large-scale residential projects. The property is located at 10514 Brimhall Rd, Bakersfield, CA 93312, with APN 110-130-21-00-1. The asking price is $2,500,000. This is one of the last remaining buildable lots in this highly desirable area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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