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$2,000,000
Est. payment /mo
8.7 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-20745
HOA Y/N No
Lot Size 8.700 Acres
Acres 8.7
Property Sub-Type Lots/Land
Property Description
Discover an exceptional investment opportunity in a highly sought-after location poised for extensive growth. This property offers incredible potential for development, making it the perfect time to seize this promising piece of land.The subject property is located in a well-established residential neighborhood of Shafter, offering a blend of suburban living and agricultural charm. The surrounding area features a diverse mix of property types, including multi-family residential developments, single-family homes, and active agricultural row crops. This unique setting provides a balance of residential convenience and open space, making it an attractive location for potential development or investment. The property is conveniently located near a variety of retail, entertainment, educational, recreational, and transportation options. It is within one mile of essential amenities, including a grocery store, pharmacy, public transportation, and public schools. The site is currently zoned R1; however, the owners are in the process of seeking an upzoning to R3. The proposed reclassification to R3 is intended to accommodate multi-family residential units, aligning with the County's development objectives for the area.In addition to the zoning application, a Phase 1 environmental assessment has already been completed, further enhancing the site's readiness for development. This property presents a unique opportunity to capitalize on the area's ongoing expansion and meet the growing demand for multi-family housing.
Discover an exceptional investment opportunity in a highly sought-after location poised for extensive growth. This property offers incredible potential for development, making it the perfect time to seize this promising piece of land.The subject property is located in a well-established residential neighborhood of Shafter, offering a blend of suburban living and agricultural charm. The surrounding area features a diverse mix of property types, including multi-family residential developments, single-family homes, and active agricultural row crops. This unique setting provides a balance of residential convenience and open space, making it an attractive location for potential development or investment. The property is conveniently located near a variety of retail, entertainment, educational, recreational, and transportation options. It is within one mile of essential amenities, including a grocery store, pharmacy, public transportation, and public schools. The site is currently zoned R1; however, the owners are in the process of seeking an upzoning to R3. The proposed reclassification to R3 is intended to accommodate multi-family residential units, aligning with the County's development objectives for the area.In addition to the zoning application, a Phase 1 environmental assessment has already been completed, further enhancing the site's readiness for development. This property presents a unique opportunity to capitalize on the area's ongoing expansion and meet the growing demand for multi-family housing.
Discover an exceptional investment opportunity in a highly sought-after location poised for extensive growth. This property offers incredible potential for development, making it the perfect time to seize this promising piece of land.The subject property is located in a well-established residential neighborhood of Shafter, offering a blend of suburban living and agricultural charm. The surrounding area features a diverse mix of property types, including multi-family residential developments, single-family homes, and active agricultural row crops. This unique setting provides a balance of residential convenience and open space, making it an attractive location for potential development or investment. The property is conveniently located near a variety of retail, entertainment, educational, recreational, and transportation options. It is within one mile of essential amenities, including a grocery store, pharmacy, public transportation, and public schools. The site is currently zoned R1; however, the owners are in the process of seeking an upzoning to R3. The proposed reclassification to R3 is intended to accommodate multi-family residential units, aligning with the County's development objectives for the area.In addition to the zoning application, a Phase 1 environmental assessment has already been completed, further enhancing the site's readiness for development. This property presents a unique opportunity to capitalize on the area's ongoing expansion and meet the growing demand for multi-family housing.
Location
State CA
County Kern
Area Shafter (93263)
Building
Lot Size Range 4+ to 10 AC
Others
Miscellaneous Value in Land
Acceptable Financing Cash
Listing Terms Cash
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Listed by Daniel Gomez • Engel & Voelkers Pasadena
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Ian Collins, MBA
Team Lead / Agent | CA DRE# 0202209201858943
Team Lead / Agent CA DRE# 0202209201858943