5801 Willow Grove Ct Bakersfield, CA 93306
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.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.