Commercial Land in Bakersfield, California, offers a unique investment opportunity for those looking to capitalize on the city's strong economy and growing industries. With 66 listings available, Commercial Land in Bakersfield presents a diverse range of investment options, from agricultural and energy production to manufacturing and distribution. As a hub for oil and agriculture, Bakersfield's Commercial Land is particularly attractive to those in these industries. The city's extensive highway network, including State Route 99, State Route 58, and Interstate 5, provides easy access to major transportation routes, making it an ideal location for businesses that rely on logistics and distribution. Additionally, Bakersfield's proximity to the Sierra Nevada and surrounding mountain ranges offers a unique blend of natural beauty and economic opportunity. With amenities like Meadows Field Airport, Mechanics Bank Arena, and the Kern County Soccer Field, Bakersfield is an attractive location for businesses and individuals alike.
Bakersfield's Commercial Land is characterized by its average price per square foot of $379 USD, with an average size of 19,578 square feet and a largest size of 53,150 square feet. The average cap rate for Commercial Land in Bakersfield is , making it an attractive option for investors. With its strong economy and growing industries, Bakersfield is an excellent location for Commercial Land investment. The city is home to major corporations like Chevron, Aera Energy, and Grimmway Farms, and its diverse economy is supported by institutions like California State University, Bakersfield, and Bakersfield College. With its unique blend of natural beauty, economic opportunity, and cultural attractions, Bakersfield's Commercial Land is an attractive option for investors and businesses alike.
What are common commercial uses for land in the Bakersfield market?
In the Bakersfield market, common commercial uses for land include oil and gas production, agricultural activities, manufacturing, and distribution, taking advantage of the city's strategic location near major transportation hubs and its strong presence in the energy and agricultural industries. Additionally, commercial land is also used for retail and office spaces, as well as for logistics and warehousing, catering to the growing demand for goods and services in the region.
What are common ways to purchase land to use in development projects?
When it comes to purchasing land for development projects in Bakersfield, California, there are several common ways to do so. For instance, investors can buy land directly from property owners, work with real estate agents or brokers, or purchase from government auctions or foreclosures, as outlined in our article on how to buy land.
