5901 Comanche Dr Bakersfield, CA 93306
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
C-0 · Bakersfield, CABakersfield. Always verify with local authorities before improvements.
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.