$40.01M
Est. $264,795/mo · 20% down · 6.5% · 30yr
0 Legray, Bakersfield, CA, 93307
About this home
Unlock the potential of Central California with this rare 973+ acre offering in Mettler—an emerging logistics and industrial hotspot just off Highway 99 and Interstate 5. This expansive property presents a once-in-a-generation opportunity to shape a large-scale commercial or industrial development at the gateway to Southern California. Currently in agricultural production, the land provides immediate holding income while offering enormous upside for a forward-thinking developer. With proximity to major distribution hubs and strategically located between Northern and Southern California markets, the site is ideally suited for industrial, logistics, warehousing, or large-scale commercial use. Situated adjacent to the Tejon Ranch Commerce Center, this property is near a thriving ecosystem of top-tier industrial tenants including Nestlé, IKEA, Caterpillar Inc., Plant Prefab, and more. The area has become a magnet for Fortune 500 companies and advanced logistics users, drawn by its central location, excellent freeway access, and lower operating costs compared to the LA Basin. This land is priced to allow a savvy developer to come in, put in the infrastructure, and unlock incredible long-term value. The flat topography and expansive footprint offer flexibility for master planning and phased development. With infrastructure improvements and entitlement strategies, this property has the potential to evolve into a major logistics park or multi-tenant industrial campus.
Property Details
$40.01M
Price
973.81 acres
Lot Size
Ranch
Type
144 days
Days Listed
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Total Monthly (PITI+MI)
$295,943
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Neighborhood Snapshot
Bakersfield · 93307
Market Stats
Active Listings
205
ZIP 93307
Median List Price
$368K
ZIP 93307
Avg Days on Market
94
Bakersfield avg
Sale / List Price
297.8%
avg ratio
Location
0 Legray, Bakersfield, CA, 93307
Listed by: JoAnn Wall, JoAnn Wall, Broker
Office: 805-369-2791
Based on information from CRMLS. All data is obtained from various sources and has not been verified. Full disclaimer
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