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Property profile & analytics
OFF-MARKET
Mixed-use properties

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 Mixed-use properties
Lot 9.26 ac (403,366 SF)
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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