1708 Hendricks ln - Commercial LAND FOR SALE


Bakersfield, CA 93304- Wible Orchard47,916 SF
$395,000 USD
661-636-7894
1708 Hendricks ln, Bakersfield, CA for Sale
$395,000 USD
Commercial LAND - FOR SALE
1/8
47,916 SF

1708 Hendricks ln
Bakersfield, CA 93304
Wible Orchard


HIGHLIGHTS

  • Two contiguous parcels totaling ±1.1 acres
  • Flexible R4 and C2 zoning for multifamily or mixed-use
  • Adjacent to Vallara Supermarkets and near Valley Plaza Mall
  • Dual access points via S H Street and Hendricks Lane
  • Utilities in place with PG&E and Cal Water

OVERVIEW

Marcus & Millichap is pleased to present the exclusive opportunity to acquire approximately 1.10 acres of multifamily development land located at 1708 Hendricks Lane in Bakersfield, California. The property has been strategically up-zoned from R-1 to R-4, significantly enhancing its development potential and positioning the site for a higher-density residential project. The zoning provides prospective developers with the flexibility to pursue a variety of residential concepts while taking advantage of the continued demand for housing throughout the Bakersfield market. A key advantage of the offering is its location within an established area where critical infrastructure is already present nearby. The property benefits from proximity to electrical transformers, City sewer, storm drainage, and City water infrastructure, potentially providing a developer with a more direct path toward planning and development compared with land in less established growth areas. Buyers should independently verify utility locations, capacities, connection requirements, development fees, and all other infrastructure requirements with the appropriate agencies. The property's R-4 zoning is intended to accommodate higher-density residential development, including attached dwellings, multifamily housing, and various forms of group housing, subject to applicable City of Bakersfield development standards and approvals. R-4 zoning is designed to encourage more compact residential development in areas supported by employment, commercial services, transportation corridors, and other urban amenities. Uses permitted within the City's lower density R-1, R-2, and R-3 residential zones may also provide additional development flexibility, subject to applicable requirements and verification with the City. The site is surrounded by a complementary mixture of existing multifamily communities, single-family residential neighborhoods, schools, commercial uses, and major retail destinations. Its location provides future residents with convenient access to everyday shopping, dining, employment, education, and transportation. Valley Plaza Mall and the surrounding retail corridor are located approximately one mile from the property, placing a substantial concentration of retailers, restaurants, services, and employment opportunities within close proximity to the site. With approximately 1.10 acres of land, high-density residential zoning, nearby municipal infrastructure, and an infill location surrounded by established development, 1708 Hendricks Lane represents a compelling opportunity for multifamily builders and investors seeking development land within Bakersfield. The combination of zoning, infrastructure access, surrounding residential density, and proximity to major commercial amenities creates an attractive foundation for a thoughtfully designed multifamily project and offers a developer the opportunity to capitalize on the site's long-term residential development potential.

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/ACRE

$359,091/AC

PRICE/SF

$8 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

MUTLI FAMILY DEVELOPMENT LAND

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units

LAND ACRES

1.1 AC

LAND SF

47,916 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone

ZONING

C2 & R-4

APN/PARCEL ID

023-162-19-00-4,023-162-20-00-6

ASK ABOUT THIS PROPERTY

Jorge GarciaMarcus & MillichapMore Info
661-636-7894

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Jorge GarciaMarcus & MillichapMore Info
661-636-7894

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.