0 Beech Ave & Fresno AveShafter, CA 93263

Property Details for 0 Beech Ave & Fresno Ave

Lot size

90.09 AC

Property type

Residential income properties

Property subtype

Other land

Description

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.

Location Insight

City

Shafter

County

Kern

State

California

Latitude

35.5143

Longitude

-119.26

FAQs

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