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8696 Kern Canyon Road Hwy - R-2 Development Land 15.79 Acers 15.79 Acres of Commercial Land Offered at $1,675,000 in Bakersfield, CA 93306
INVESTMENT HIGHLIGHTS
- Popular Northeast Location, Utilities near the property and it should be easy to get will serve letters from all of them,
EXECUTIVE SUMMARY
This is a prime investment opportunity to develop in the popular Northeast area of Bakersfield. The owner has a engineer's concept of either 102 single family lots = $16,421 per lot or 212 Apartments = $7,901 per unit. This is your opportunity to buy this parcel at a bargain price. Submit all offers.The address is incorrect use the APN. The median SFR selling price in the area is $498,900. Review the attachments for more information.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,675,000 | Lot Size | 15.79 AC |
| Price Per AC | $106,079.80 |
| Price | $1,675,000 |
| Price Per AC | $106,079.80 |
| Lot Size | 15.79 AC |
Rolling hills with 15.79 Acres zoned for residential, located in the development path.
DESCRIPTION
Located in the rolling hills of Northeast Bakersfield this parcel is perfectly positioned for development. At only $106,000 per acre or $2.44 per sq. ft. this parcel is a very good value. See the attachments and the video and photos for more information. The owners bought the property in 2006 and were going to develop it but then shortly after that the country went into the Great Recession and now they just want to sell it and move on.
1 1
PROPERTY TAXES
| Parcel Number | 388-072-02-00-8 | Improvements Assessment | $0 |
| Land Assessment | $700,000 | Total Assessment | $700,000 |
PROPERTY TAXES
Parcel Number
388-072-02-00-8
Land Assessment
$700,000
Improvements Assessment
$0
Total Assessment
$700,000
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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8696 Kern Canyon Road Hwy - R-2 Development Land 15.79 Acers
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