141 Chester Ave Bakersfield, CA 93308-4838
This exceptional 1.71-acre (74,296 square foot) commercial land parcel, located at 141 N Chester Avenue in Bakersfield, California (zip code 93308), presents a unique redevelopment opportunity. Situated in the Oildale area of unincorporated Kern County, this C-2 zoned property boasts 203 feet of street frontage and is a corner lot. The site is fully entitled and shovel-ready for the construction of a +/- 80,000 square foot, three-story, climate-controlled self-storage facility with a gross area of 107,860 square feet and approximately 810 units. This project offers significant potential due to the absence of other fully climate-controlled self-storage facilities within a five-mile radius. The land is currently vacant, previously occupied by a used car dealership and mechanic warehouse. The property includes 30 existing parking spaces. The land value is $21.48 per square foot. The parcel's APN is 114-250-12-00-8. This is a modified lease type property with no rent bumps. This is a private ownership opportunity. This is a redevelopment investment opportunity.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
C-2 · Bakersfield, CABakersfield. Always verify with local authorities before improvements.
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.