345 Driver Rd Bakersfield, CA 93314
For Lease
This exceptional 78-acre property presents a unique investment opportunity in Bakersfield, California. Located near Stockdale Highway in the desirable southwest area of the city, the land offers significant potential for both agricultural use and future residential development. Currently zoned Ag 1, the property boasts a flat topography, making it ideal for various applications. A significant advantage is the presence of an active water well on the site, ensuring a reliable water source for agricultural activities or future construction. The property's convenient location near Stockdale Highway provides easy access to major transportation routes and urban amenities. The substantial acreage provides ample space for a variety of uses, from large-scale farming operations to a potential subdivision project, subject to necessary approvals and zoning changes. Detailed surveys and environmental assessments are recommended to fully explore the development potential. This is a rare opportunity to acquire a large parcel of land in a rapidly growing area of Bakersfield, offering considerable flexibility and long-term value. The address is 345 Driver Rd, Bakersfield, CA 93314, within Kern County. The property's latitude and longitude coordinates are 35.3602962, -119.2079719 respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.