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Panama Ln - Panama Grove 53.61 Acres of Commercial Land Offered at $21,100,000 in Bakersfield, CA 93311
Investment Highlights
- Approximately 13,410 homes in active or active/recorded tract stage in Southwest Bakersfield.
- Panama Lane access both Highway 99 and Interstate 5
- Gosford Road is the #1 north/south arterial west of Highway 99.
Executive Summary
53.61 acres at southwest corner of Panama Lane & Gosford Road zoned C-2.
Property Facts
| Price | $21,100,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 53.61 AC |
| Property Type | Land | Cross Streets | Gosford Road |
| Zoning | C-2 - General Commercial | ||
| Price | $21,100,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 53.61 AC |
| Cross Streets | Gosford Road |
| Zoning | C-2 - General Commercial |
1 Lot Available
Lot
| Price | $21,100,000 | Lot Size | 53.61 AC |
| Price Per AC | $393,583.29 |
| Price | $21,100,000 |
| Price Per AC | $393,583.29 |
| Lot Size | 53.61 AC |
Description
Positioned at a major retail intersection in Southwest Bakersfield. Panama Ln & Gosford Rd will be one of the highest trafficked intersections in the City. The Southwest submarket is Bakersfield’s most rapidly growing residential submarket.
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Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $9,193,953 | Total Assessment | $9,193,953 |
Property Taxes
Parcel Numbers
Land Assessment
$9,193,953
Improvements Assessment
$0
Total Assessment
$9,193,953
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Panama Ln - Panama Grove
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