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20 Acres in Kern County Rd - Oil Producing 20 acres in Kern County 20 Acres of Agricultural Land Offered at $780,000 in Bakersfield, CA 93308
Investment Highlights
- Oil producing from 7 wells on property
- Easy access from Lerdo Highway
- East of Shafter, North of Bakersfield, Central to Kern County
- In the path of growth
Executive Summary
20 Acres north of Lerdo Hwy, on the north side of Bakersfield for sale. Includes the mineral rights that are under lease to Mitchell Petroleum. Eight oil wells on the property, 7 of them currently producing. To access, turn north off of Lerdo Highway on the east side of Cawelo Water District Canal at the Camp Hamilton sign. $39,000 per acre, $780,000. Zoned A-1 Limited Agriculture which allows for a variety of Agricultural, Residential, Commercial, Industrial, and Retail uses. There is an additional 30 acres to the north of this parcel (mineral rights not included) that is also for sale by the same seller for $33,000 per acre.
Property Facts
| Price | $780,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Agricultural |
| No. Lots | 1 | Total Lot Size | 20.00 AC |
| Zoning | A-1 - A-1 Limited Agriculture | ||
| Price | $780,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Total Lot Size | 20.00 AC |
| Zoning | A-1 - A-1 Limited Agriculture |
1 Lot Available
Lot
| Price | $780,000 | Lot Size | 20.00 AC |
| Price Per AC | $39,000.00 |
| Price | $780,000 |
| Price Per AC | $39,000.00 |
| Lot Size | 20.00 AC |
20 Acres north of Lerdo Hwy, on the north side of Bakersfield for sale. 8 oil wells, 7 of them active and producing, tank farm on the property. Gently rolling topography.
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 481-040-24-00-9 | Improvements Assessment | $0 |
| Land Assessment | $11,728 | Total Assessment | $11,728 |
Property Taxes
Parcel Number
481-040-24-00-9
Land Assessment
$11,728
Improvements Assessment
$0
Total Assessment
$11,728
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