12700 Rosedale HwyBakersfield, CA 93312

Property Details for 12700 Rosedale Hwy

Construction

WOOD FRAME

Lot size

0.39 AC

Zone code

M1/PD

Property type

Land

Property subtype

Other industrial land

APN

465-040-25-00-4

APU

46504025004

Description

This exceptional 3.53-acre commercial land parcel presents a prime development opportunity in Bakersfield, California. Located at 12700 Rosedale Hwy, 93312, this prominent Northwest Bakersfield site boasts significant frontage on the heavily traveled Rosedale Highway, ensuring high visibility and accessibility. The property is zoned for QSR/Fast Food and Shopping Center uses, and is currently undergoing a lot line adjustment and rezoning to C2 PCD by Kern County. A national tenant pad purchase is pending, and a Letter of Intent for a roughly 10,000 square foot lease with a national tenant is also pending. This location offers excellent demographics, with high-income levels within a three-mile radius, further enhancing its investment potential. The high traffic volume on Rosedale Highway guarantees substantial exposure for any development. This is a rare chance to acquire a strategically located parcel in a thriving Bakersfield market, poised for immediate development and strong returns. The asking price is $2,590,000.

• Alternative Use

  Use

  Valuation

  Residential

  $4,899,896

  Hospitality

  $4,488,278

  Educational

  $3,734,194

  Medical

  $3,862,619

  Retail

  $5,808,747

Location Insight

City

Bakersfield

County

Kern

State

California

Latitude

35.3843

Longitude

-119.143

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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