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Property summary
This exceptional 12.71-acre commercial land parcel presents a unique investment opportunity in Bakersfield, California. Located at the northwest corner of Fairfax Road and College Ave, the property boasts unparalleled visibility and accessibility, situated within a densely populated residential area at 3000 Fairfax Rd, Bakersfield, CA 93306 (APN 435-010-66). Currently zoned R-1, this site is undergoing a zone change to MX-1, opening doors to a diverse range of mixed-use developments, including multi-family residential and retail spaces. Its strategic location offers convenient access to major transportation arteries, including Highway 178 and Highway 58, ensuring seamless connectivity throughout the region. The substantial lot size, combined with its prime location and the potential for mixed-use development, makes this property ideal for investors seeking high-impact projects. The surrounding residential community provides a readily available customer base for future developments, promising strong potential returns. The asking price for this remarkable opportunity is $1,500,000. Don't miss this chance to acquire a highly desirable piece of Bakersfield real estate poised for significant growth.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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