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Property profile & analytics
OFF-MARKET
Commercial real estate

3000 Fairfax Rd Bakersfield, CA 93306

12.71 ac lot
Property ID
US09-5229638
Property summary
AI-generated overview

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
Verified
Property type Commercial real estate
Lot 12.71 ac (553,648 SF)
APN 435-010-66
UPID US09-5229638
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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