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7656 Calloway Dr

9.69 Acres of Residential Land Offered at $2,500,000 in Bakersfield, CA 93314

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Investment Highlights

Prime Location
Development opportunity

Strong Residential Proximity

Executive Summary

Take a look at this exceptional opportunity for potential development, located in a prime location. Extensive growth is happening in this area, which makes this an attractive investment and a perfect time to capitalize on this land. The two properties are being sold as one. It's currently Zoned A and A1 with two separate homes/dwellings on the property. A preliminary design has been done, as well as the general plan amendment and zone change application is ready to be submitted to the County of Kern, requesting R2 zoning. The County is onboard with the preliminary designs. A phase 1 has been completed, as well. Zone change will reclassify to accommodate a multi-family residential dwelling units.

Calloway Brochure

Property Facts

Price	$2,500,000	Property Type	Land
Sale Type	Investment or Owner User	Property Subtype	Residential
No. Lots	1	Total Lot Size	9.69 AC

Price	$2,500,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	9.69 AC

1 Lot Available

Lot

Price	$2,500,000	Lot Size	9.69 AC
Price Per AC	$257,998

Price	$2,500,000
Price Per AC	$257,998
Lot Size	9.69 AC

Description

The Subject Property is located on Calloway Dr., just north of Snow Rd. this property is approximately +/-9.69 acres and offers exceptional development opportunity close to a high traffic intersection. Currently zoned A (Agriculture) and A1. Its within convenient proximity to Major Highways, transportation routes and Airport. The area has a mix use consisting of residential communities and retailers, with substantial traffic flow and excellent accesibility.

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