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Adjacent to S. boundary of Bakersfield 9 parcels
Bakersfield, CA 93311
342.95 Acs. Bakersfield Dev. Land & Almonds · Land For Sale
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342.95 AC
INVESTMENT HIGHLIGHTS
- • Income Producing Almonds
- • Annexation in Progress
- • Both District Water & Wells
- • Investment Grade Acquisition
- • Desirable Almond Varieties
- • Investment Benefits Including Income & Depreciation
EXECUTIVE SUMMARY
Unique opportunity to purchase 342.95± assessed acres of farmland proposed to be annexed into the City of Bakersfield by Q-1, 2024.
Potential annexation for nine separate parcels ranging between R-1 and R-5 zoning. Property is currently planted to income producing almonds and row crops within the Kern Delta Water District. Best for future development (potentially mixed use if zoning is approved).
Potential annexation for nine separate parcels ranging between R-1 and R-5 zoning. Property is currently planted to income producing almonds and row crops within the Kern Delta Water District. Best for future development (potentially mixed use if zoning is approved).
PROPERTY FACTS In Escrow
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 342.95 AC |
| Zoning | R-5 - Rural mixed use | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 342.95 AC |
| Zoning | R-5 - Rural mixed use |
1 LOT AVAILABLE
Lot
| Price | $51,442,500 | Lot Size | 342.95 AC |
| Price Per AC | $150,000.00 |
| Price | $51,442,500 |
| Price Per AC | $150,000.00 |
| Lot Size | 342.95 AC |
342.95± assessed acres of farmland proposed to be annexed into the City of Bakersfield.
DESCRIPTION
342.95± assessed acres of farmland proposed to be annexed into the City of Bakersfield by Q-1, 2024.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,151,741 | |
| Land Assessment | $1,166,719 | Total Assessment | $2,318,460 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,166,719
Improvements Assessment
$1,151,741
Total Assessment
$2,318,460
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