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Property profile & analytics
FOR SALE
Commercial land

5901 Comanche Dr Bakersfield, CA 93306

11.37 ac lot
Individually Owned 6-yr Hold Free & Clear
Property ID
US09-4760094
No photos on file
For Sale
$1,200,000
5901 Comanche Dr, Bakersfield, CA 93306
View Listing →
Property summary
AI-generated overview

This exceptional 9.5-acre parcel presents a compelling investment opportunity in Bakersfield, California. Located at the highly visible intersection of SR 178 and Comanche Drive (Southeast corner), this mostly flat, rectangular land boasts access from three sides. The property is zoned C-O and MX-1, offering flexibility for commercial office development and a combination of office and medium to high-density residential projects, as per Bakersfield Municipal Code 17.12. All public utilities are conveniently located along the roadway. The asking price is $3,250,000, translating to $7.85 per square foot. This represents a significant price reduction of over 30% by a motivated seller. The property's strategic location and versatile zoning make it ideal for a variety of development projects. The parcel's APN is 387-360-05, and it is owned by an LLC. Seller financing may be available, subject to terms. An adjacent parcel at the Northeast corner of the intersection is also available for purchase at a reduced price. This presents a unique opportunity to acquire a substantial land holding in a rapidly growing area.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Construction WOOD FRAME
Lot 11.37 ac (495,277 SF)
Zoning code C-0
APN 387-360-05-00-0
UPID US09-4760094
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Irma A Leahy · 6 yrs held
Irma A Leahy
since 2020
7 recorded transactions
2020
Price N/A
2018
Price N/A
2015
Price N/A
2010
$2.3M
2007
Price N/A
2005
$287,000
2005
$279,500
Zoning & alternative use
C-0 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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