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Property profile & analytics
OFF-MARKET
Commercial real estate

14801 Casa Club Dr Bakersfield, CA 93306

19 ac lot
Property ID
US09-4917694
Property summary
AI-generated overview

This exceptional 19-acre property in Bakersfield, California, presents a unique investment opportunity. Located at 14801 Casa Club Dr, 93306, within the gated Rio Bravo Country Club, this land boasts an approved map for the development of 185 single-family detached (SFD) homes. The property is zoned R-2 Residential, with a density of 10 units per acre. Its prime location offers a tranquil setting, nestled within a championship golf course, with 46 lots directly bordering the course. The elevated position provides stunning views and avoids the Bakersfield fog and smog. The flat, 19-acre site (APN 387-010-25-00) is ideal for development. Bakersfield's diverse economy, encompassing agriculture, oil, and government sectors, ensures a strong market for affordable housing. This "affordable by design" project offers significant potential for substantial returns. The property's location in Kern County, with Bakersfield as the county seat, provides further advantages. This is a rare chance to acquire a fully approved development site in a desirable, gated community setting. The asking price is $3,700,000.

Property profile
Verified
Property type Commercial real estate
Lot 19 ac (827,640 SF)
APN 387-010-25-00
UPID US09-4917694
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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