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    OFF-MARKET
    Self storage facilities

    7423 Hermosa Rd, Bakersfield, CA 93307

    9.26 ac lot
    Property ID
    US09-1595737
    Property summary
    AI-generated overview

    This exceptional 9.26-acre property in Bakersfield, California, presents a unique investment opportunity. Located at 7423 Hermosa Rd, Kern County, (APN 174-070-01), this expansive lot boasts M-2 PD zoning, offering diverse development possibilities. The property includes an existing large house, along with two sheds, providing immediate utility or potential for renovation/repurposing. The significant acreage allows for a wide range of commercial, industrial, or even mixed-use projects, subject to city approvals. The substantial lot size, combined with the existing structures, presents a versatile canvas for creative development. The property is offered at $1,799,990, with owner financing available, making this an attractive proposition for buyers seeking flexibility and a potentially high-return investment. This is a rare chance to acquire a large parcel of land in a growing area with a variety of potential uses. Serious inquiries are encouraged. The property is zoned M-2 PD and is not subject to a ground lease. This is a prime opportunity for investors and developers seeking a versatile property with significant upside potential. The existing structures offer immediate value and potential for future development. Don't miss this chance to acquire a substantial piece of Bakersfield real estate.

    Property profile
    Verified
    Property type Self storage facilities
    Lot 9.26 ac (403,366 SF)
    APN 174-070-01
    UPID US09-1595737
    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
    Current use
    Occupant on record · Public records
    • T&M Diesel service Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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