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Property profile & analytics

7201 College Ave Bakersfield, CA 93306

  • Commercial real estate
  • 13.18 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US09-4038833
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 7201 College Ave

Lot size
13.18 lot acres
Property type
Commercial real estate
APN
132-020-03-00-7

Description

This exceptional 13.18-acre property, located at 7201 College Ave in Bakersfield, CA 93306 (APN 132-020-03-00-7), presents a compelling opportunity for multifamily development. Zoned R-3/PUD Residential Land, it offers a streamlined path to construction, leveraging existing entitlements for a substantial number of residential units. While past entitlements exist, the property allows for the potential development of up to 226 dwelling units, catering to a mix of market-rate and affordable housing needs. Situated in a quiet, established neighborhood, this site benefits from proximity to schools, medical facilities, and ample job opportunities. The property is offered fee simple and is priced at $2,200,000, making it an attractive investment for developers seeking a fast-track project. The seller will consider all reasonable offers and scenarios. The property's location offers easy access to Bakersfield College and California State University, Bakersfield, and is within reasonable proximity to several military bases. Existing reports and contact information from previous development efforts are available, expediting the planning and approval process. The area demonstrates strong rental growth, with a 9% increase over the past year and a 47.3% increase over the past decade, indicating a robust rental market. This presents a significant advantage for investors seeking a high-return investment in a rapidly growing area. Tax incentives for solar and affordable housing further enhance the property's appeal. The seller is motivated and open to joint ventures with experienced developers and builders.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Bakersfield
County
Kern
State
California
Longitude
-118.9238131
Latitude
35.3815792
More about this property
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