For Sale
$625,000

119 Hwy Bakersfield, CA 93311

20 Acres, High ROI Potential, M2 Zoning

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 20-acre agricultural property in Bakersfield, California, presents a compelling investment opportunity. Located at 119 HWY, Bakersfield, CA 93311 (APN 18401264), this 873,378 square foot parcel is currently zoned for agricultural use ("ag"), but possesses significant potential for rezoning to M2. This conversion would unlock substantial value, making the land ideal for industrial development, particularly the construction of multiple flex-space warehouses. The property's strategic location within a rapidly expanding industrial community ensures high demand and future growth potential. Its size allows for flexible land use, enabling division to maximize utility and profitability. The seller will carry the financing, making this a highly attractive proposition for investors seeking a high return on investment in a thriving industrial area. This prime location offers a unique chance to capitalize on the burgeoning industrial sector in Bakersfield. The property's versatility and potential for significant value appreciation make it a truly exceptional investment opportunity.

Highlights

  • M2 Zoning Potential: High-value conversion opportunity.
  • Flex Space Development: Ideal for multiple warehouse construction.
  • Prime Industrial Location: High-demand, rapidly growing area.
  • Flexible Land Use: Divisible for optimal profitability.
  • Exceptional ROI: Significant value increase with M2 zoning.
  • Thriving Industrial Market: Join a robust industrial community.

Property Details for 119 Hwy

Property type
Land, Farms

Location Insight

City
Bakersfield
County
Kern
State
California
Latitude
35.267084
Longitude
-119.2112433

FAQs

What type of property is this?
Land - 20 Acres, High ROI Potential, M2 Zoning
Where is the land located?
The property is located at 119 Hwy Bakersfield, CA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: M2 Zoning Potential: High-value conversion opportunity.; Flex Space Development: Ideal for multiple warehouse construction.; Prime Industrial Location: High-demand, rapidly growing area.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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119 Hwy
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