E Panama Ln

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E Panama Ln

Bakersfield, CA 93307
Asking Price
$26.96M
Asset Type
Agricultural Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The offering includes 158.61 acres of agricultural land for sale
  • Total asking price for the parcel is $26,963,700
  • Property is situated in the Bakersfield agricultural submarket
  • Large acreage provides significant scale for agricultural production
  • Land is positioned to support regional commercial farming operations

What's Special

Priced at $26,963,700, this agricultural land parcel spans 158.61 acres along E Panama Ln in Bakersfield, California. The property is situated within a region known for its expansive agricultural output and contribution to the Central Valley economy. The site provides significant acreage suitable for large-scale farming operations, crop production, or long-term land banking strategies. Bakersfield maintains a robust agricultural sector supported by regional infrastructure and favorable climate conditions for various types of cultivation. Investors and agribusiness operators will find this site positioned to support ongoing production requirements or future development initiatives in an area with a strong history of land utility. The scale of the property allows for flexible integration into existing farming portfolios or large-scale agricultural business ventures within Kern County.

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NOI
$80,000
Cap Rate
0.30%
DSCR
0.05
Underwater
Cash-on-Cash
-18.80%
Monthly Payment
$133,401.676
Annual Cash Flow
$-1,520,820.108

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