Beech Ave & Fresno Ave Shafter, CA 93263

This exceptional investment opportunity encompasses 90.09 acres of land in the thriving city of Shafter, California, conveniently located at the corner of N Beech Ave and Fresno Ave (zip code 93263). The property consists of two parcels: Parcel 1, spanning 38.18 acres, already has a tentative tract map approved for 102 buildable residential lots. This approval has been extended to March 2023, with the possibility of further extension. Parcel 2 comprises 51.91 acres of farmland, offering significant potential for future development. The property is zoned E - Estate, and its APN is 089-010-04, 089-020-20. Situated in Kern County's Central Valley, this location benefits from proximity to major highways, ensuring excellent accessibility. The asking price for this expansive property is $4,600,000. This presents a rare chance to acquire a substantial land holding with immediate development potential in a rapidly growing area. The existing tentative tract map for Parcel 1 significantly reduces the time and cost associated with bringing this project to fruition. The combination of buildable lots and additional farmland provides flexibility for a variety of development scenarios. Don't miss this opportunity to capitalize on the growth of Shafter.