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Low Reserve, 5 AC Kern County CA

Fremont Valley, CA 93501

Kern County, California

5 Acres
Land Auction
December 8, 2020 12:00 PM
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Land Description

5 Acre Development Opportunity

Investment Highlights

Low Reserve - Movtivated Seller

Kern County is the largest county in CA with 11 commercial airpoirts, two and two military installations

No.1 oil-producing county in the United States (10% of U.S. production)

No. 1 metro area for Fastest-Growing Workforce (Bureau of Labor Statistics

Offering Summary

CBRE and RealINSIGHT Marketplace are pleased to present a 5 acre developmnent opportunity in Kern County, CA. Kern County is the third largest county in California geographically, 8,163 square miles, and the 20th largest county in the US. With areas ranging from the scenic desert (Mojave) to snow-covered mountains (Sierra Nevada), the Kern River which weaves through the Kern Canyon, and vast oil and agricultural land.

The county's economy is heavily linked to agriculture and to petroleum extraction. There is also a strong aviation, space, and military presence, such as Edwards Air Force Base, the China Lake Naval Air Weapons Station, and the Mojave Air and Space Port.Kern County has 11 commercial airports, two military installations, four state prisons and two federal correctional facilities, five bus transit entities, two major bus stages, Amtrak, and three television stations. Kern is the largest producer of petroleum-based energy in the state and is a top national producer.

Kern ranked number one for the value of agricultural products in 2016, across the nation, generating $7.2 billion. One in five jobs is related to the agricultural industry, from farmer to hauler, and farm workers. A significant provider of crops, Kern is home to more than 300 commodities, generating: 75% of the state's carrots production; 47% of the state's cherry production (9th in the nation); and 46% of the state's potato production. Kern's top commodities in 2016 were: grapes, almonds, citrus, pistachios, and milk.

Home to nearly 890,000 residents Kern is the eleventh most populous county which is larger than the states of South Dakota, North Dakota, Alaska, Vermont, and Wyoming.

Auctioneer: Emilio Lemeni, Fisher Auction Company, License: 00961384

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