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Property profile

5801 Willow Grove Ct Bakersfield, CA 93306

FOR SALE
Land
Property ID
US09-5226579
4.77 ac lot
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For Sale
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5801 Willow Grove Ct, Bakersfield, CA 93306
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Property summary

AI-generated overview

This exceptional 4.77-acre parcel, located at 5801 Willow Grove Ct, Bakersfield, CA 93306 (APN 14660006), presents a prime development opportunity. Situated in the highly desirable Panorama area near Bakersfield College, this infill property is zoned for medium-high density residential use. Preliminary planning suggests the potential for up to 70 residential units, making it an attractive investment for builders and developers. The property's blank slate allows for complete design flexibility, catering to a variety of residential project visions. Buyers are responsible for verifying all utilities, zoning regulations, and conducting their own due diligence to confirm the feasibility of their proposed development. The asking price for this exceptional land opportunity is $625,000. This private ownership presents a unique chance to capitalize on Bakersfield's growing residential market. The property's location offers convenient access to Bakersfield College and other local amenities. Act quickly to secure this remarkable development opportunity.

Property profile

Verified
Property type Land
Lot 4.77 ac (207,781 SF)
UPID US09-5226579

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5801 Willow Grove Ct Bakersfield, CA 93306
Bakersfield metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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