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- LoopNet Team
5818 S Fairfax Rd
Bakersfield, CA 93307
Land For Sale
·
35.00 AC

INVESTMENT HIGHLIGHTS
- Multiple Options for Investor
- • Agricultural with 990 GPM Well and Solar Powered
- • 35 acres (2 parcels) 30 Acre Zoned R1A / 5 Acre Parcel Zoned R1
- • Equine Hotel and Event Center with Highly Profitable Business
- • Opportunity Zone / Sphere of Influence - Development Opportunity
- • House, Barns, Arenas, Event Facilities and Parking
PROPERTY FACTS
DESCRIPTION
Development Opportunity *Opportunity Zone* Here is your opportunity to acquire a 35-acre residential development site within the City of Bakersfield sphere of influence— preparing for annexation with city services. High growth area with schools/services, housing, and commercial development. 2 separate legal parcels ready for re-zoning, subdivision, and development for a high rate of return. Capitalize on the influx of LA expats and millennials moving to this affordable region. *Profitable Horse Operation* Your opportunity to acquire the highly profitable Triple C Horse Hotel & Event Center in Bakersfield CA. This Commercial Operation sits on 2 parcels totaling 35 acres and includes a 39 Stall Barn, 80x120 Indoor Arena, 250x150 Outdoor Arena, Bar/Dance Hall, 14 Stall Mare Motel and 6 Stall Bathroom Facility for Guests. The Ranch also includes a fully fenced, 1950+/- sq ft private 3bd/2ba home with gated entry, large yard and swimming pool. *Investors Development Potential* Opportunity Zone and the City of Bakersfield Sphere of Influence and has a high ROI development potential with future city services. Neighboring home, school, and retail growth makes this an ideal investment. *Agricultural Value* Operation has a 700ft well producing 960 GPM and three separate Solar Meters to operate Well, Home, and Commercial. The soil is Class 1 & 2s and is ideal for row/permanent crops with a high annualized yield. In Bakersfield, where highways converge and is a major stop for haulers across the nation. DETAILED (Brochures & Websites). PROPERTY HIGHLIGHTS: • Equine Event Center & Business Operations on 35 acres (2 parcels) • 30 Acre Parcel Zoned R1A / 5 Acre Parcel Zoned R1 • (Projected Gross Income Per Annum $280,000-$310,000) • 3bd. 2ba. 1950+/- sq. ft. SFR Home with Enclosed Yard & Pool for Privacy • Large 39 Stall Barn with 80x120 Indoor Arena • Large Barn Includes 2 Tack Rooms, Large A/C Office, Automatic Water to Stalls. Hot/Cold Wash Racks and Sprinkler System Throughout • Large 250x150 Lighted Outdoor Arena with Viewing Stands • 14 Stall Mare Motel (Pole Barn) • Large Barndominum used as Bar and Event Space – Fully equipped Bar with Dance/Table Space • 6+ Outdoor Bathrooms with Large Septic to Accommodate Event Guests • Agricultural Well 700ft Producing 960 GPM Water • 15 Acres Flood Irrigated Hay Field Producing 5 Cuts Per Year a Value of $23,976 • Horse Hotel, Venue and Events can produce $12,000-$15,000 income per month • Owned Solar with 3 Separate Meters (Ag Solar Panel Well, Residential Solar Panel House, Commercial Solar Panel on Barns/Outbuildings • Fully Fenced Perimeter with separate pastures and Water Throughout • Ideal for Someone who wants to take advantage of this Profitable Business Operation. • Owner will Consider Transferring Goodwill for Right Operator If you have additional questions about zoning, uses, and build-ability it is best to contact the City/County to get specific information to your needs/concerns.
PROPERTY TAXES
| Parcel Number | 174-092-21-02-8 | Improvements Assessment | $748,986 |
| Land Assessment | $638,520 | Total Assessment | $1,387,506 |
PROPERTY TAXES
Listing ID: 22904164
Date on Market: 5/3/2021
Last Updated:
Address: 5818 S Fairfax Rd, Bakersfield, CA 93307
The Outer East Bakersfield Land Property at 5818 S Fairfax Rd, Bakersfield, CA 93307 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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