Mckee Rd, Bakersfield

$4,250,000

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13.97

Acres

About Mckee Rd

Great opportunity to acquire a 14-acre parcel of land in Bakersfield, California. This remarkable property comes with plans for a 121-unit apartment development project, occupying a seven-acre portion of the lot. The remaining seven acres are unimproved and present a blank canvas for future development. The R2 zoning in the City of Bakersfield allows for the construction of one unit per every 2,500 square feet of land by right. This means that based on the given area, a maximum of 243 units can be built on the site. Additionally, with the inclusion of the statewide density bonus of additional 50% more units, the total number of units that can be constructed on the site increases to 364 units (Buyer to verify). This makes the property even more appealing with the price per 364 buildable units at an incredible $15,064 each unit.

Features of Mckee Rd

MLS® # 23284845
Price $4,250,000
Bathrooms 0.00
Acres 13.97
Type Land
Status Active

Community Information

Address Mckee Rd
Area BKSF - Bakersfield
City Bakersfield
County Kern
Zip Code 93313

Amenities

Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Additional Information

Date Listed June 26th, 2023
Days on Market 352
Zoning R2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentBehnam Ghodsian
OfficeKeller Williams Beverly Hills

Listing Map

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