7423 Hermosa Rd, Bakersfield, CA 93307
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.
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T&M Diesel service Auto Repair Shop
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
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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.