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NEQ Rosedale Hwy & Verdugo Ln - NEQ Rosedale Hwy & Verudugo Ln 2.28 Acres of Commercial Land Offered at $6,725,000 in Bakersfield, CA 93312
Investment Highlights
- Newly constructed off-site improvements along Rosedale Hwy
- Close proximity to Rosedale Village & Northwest Promenade shopping centers
- Located in the fast-growing Northwest Bakersfield sub-market
Executive Summary
• Asking Price: $6,725,000.00 (All Parcels)
- Front Parcels 8, 9 (Individual): $18.00/SF
- Back Parcels 1, 2, 3, 5, 6 (Individual): $6.75/SF
• Total Lot Size: +/- 15.81 acres
• Zoning:
- MX2, City of Bakersfield: Parcels 1, 3, 5, & 6
- C2, PCD, City of Bakersfield: Parcels 2, 8, & 9
- Front Parcels 8, 9 (Individual): $18.00/SF
- Back Parcels 1, 2, 3, 5, 6 (Individual): $6.75/SF
• Total Lot Size: +/- 15.81 acres
• Zoning:
- MX2, City of Bakersfield: Parcels 1, 3, 5, & 6
- C2, PCD, City of Bakersfield: Parcels 2, 8, & 9
Property Facts
| Price | $6,725,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 15.81 AC |
| Property Type | Land | ||
| Zoning | MX2 & C2,PCD - MX-2: Mixed-Use Transit C2-PCD: Community Commercial/Planned Commercial Development | ||
| Price | $6,725,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 15.81 AC |
| Zoning | MX2 & C2,PCD - MX-2: Mixed-Use Transit C2-PCD: Community Commercial/Planned Commercial Development |
1 Lot Available
Lot
| Price | $6,725,000 | Lot Size | 2.28 AC |
| Price Per AC | $2,949,561.40 |
| Price | $6,725,000 |
| Price Per AC | $2,949,561.40 |
| Lot Size | 2.28 AC |
ALL OR PART FOR SALE • Parcel 1: 1.01 AC ($6.75/SF) • Parcel 2: 0.4 AC ($6.75/SF) • Parcel 3: 2.87 AC ($6.75/SF) • Parcel 5: 2.97 AC ($6.75/SF) • Parcel 6: 2.97 AC ($6.75/SF) • Parcel 8: 3.31 AC ($18.00/SF) • Parcel 9: 2.28 AC ($18.00/SF)
Description
• Infill development opportunity • Key Demographics (3-Mile Radius): - Population: 87,672 - Median Household Income: $113,018 - Total Businesses: 3,325 - Total Employees: 31,438 - Per Capita Income: $47,016 - Median Net Worth: $422,140 * Septic system subject to City of Bakersfield approval * Existing structures on Parcels 2 & 8 include single family homes
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $392,700 | |
| Land Assessment | $1,453,500 | Total Assessment | $1,846,200 |
Property Taxes
Parcel Numbers
Land Assessment
$1,453,500
Improvements Assessment
$392,700
Total Assessment
$1,846,200
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NEQ Rosedale Hwy & Verdugo Ln - NEQ Rosedale Hwy & Verudugo Ln