Apn# 132-010-13

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Apn# 132-010-13

Bakersfield, CA 93306
Asking Price
$1.20M
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The offering includes 17.71 acres of land in Bakersfield.
  • The total asking price for the property is $1,200,000.
  • This asset is located within the California zip code 93306.
  • The land is situated at coordinates 35.3939, -118.9201.
  • The parcel is identified by assessor parcel number 132-010-13.

What's Special

Bakersfield serves as a primary hub for agriculture, energy production, and logistics within California's San Joaquin Valley. This 17.71-acre parcel of land sits in a growing suburban market, positioned to benefit from the region's robust transportation infrastructure and consistent economic activity. The substantial scale of the site provides flexibility for various development strategies, ranging from industrial applications to residential projects, depending on local zoning and municipal requirements. Its size and location make it a candidate for investors or developers seeking to capitalize on the ongoing expansion of the city's perimeter and the demand for versatile acreage in the Central Valley. Whether aimed at long-term land banking or immediate master-planned development, the property offers a strategic footprint in a stable regional economy supported by steady population growth and proximity to major interstate corridors connecting Northern and Southern California.

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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657

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