Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Inyo County Multi-Family Lot Title is generated by Realmo AI

    038-340-28 land, Trona, CA 93562

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Trona, CA

    Lot size:
    5.00 Acres
    Added:
    Dec 31, 2025
    Days on Market:
    151
    Last Refresh:
    May 31 at 8:06 pm

    Property Features for 038-340-28 land

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential Acreage
    Standard status
    Active
    APN
    038-340-28
    Lot size
    5.00 Acres

    We can help!

    Listing Contact
    Scott K. Miller
    Scott K. Miller

    Listing agent Scott K. Miller License #02152150

    Listing office Epique Realty 9465 Wilshire Blvd. Suite 300, Beverly Hills, CA

    Listing date Dec 31, 2025

    MLS# 2607903 Listing URL

    Copyright © 2026 Southern Sierra MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Multi‑Family Lot (MFL) designation suitable for development
    • Strong potential for investor and builder projects
    • Multiple exit strategies: build and sell, build and rent, or long‑term land hold
    • Opportunity for future development
    • Favorable location in Inyo County
    • APN 38‑340‑28 for easy identification

    Overview

    This Inyo County multi-family lot is available for sale. The parcel, identified as APN 38-340-28, is listed as a Multi-Family Lot (MFL). It presents a strong opportunity for investors and builders looking for a build project, a long-term hold, or a future development plan. Prospective buyers are encouraged to bring their builder and plan, and then confirm unit count, setbacks, and development standards with Inyo County Planning prior to closing. The marketing map outlines the parcel in red, with approximate map coordinates of 35.7954, -117.3592. Buyers should verify the location and boundaries for identification purposes, as well as all information to their satisfaction, including lot size, zoning, permitted density, access, utilities, and recorded items. The property spans 5 acres and is zoned for Residential Acreage. Potential investor exit paths include building and selling, building and renting, or land holding. Due diligence should focus on zoning and density, legal access, utilities, topography, flood zone, fire zone, and total cost-to-build. The property is located in Trona, CA 93562.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Trona
    County
    San Bernardino
    State
    California
    Longitude
    -117.3609294
    Latitude
    35.7994853

    Nearby Similar for Sale

    • $29,900
      1,700 SF

      Two Units in Trona, CA

      Two-unit multifamily property in Trona, CA, with investment potential.
      13436 Lupine St, Trona, CA 93562
      View Details
    • $10,888

      Trona, CA Commercial Land

      Commercial rural zoned land available in Trona, San Bernardino County.
      048619202 Railroad Street, Trona, CA 93562
      View Details
    • $5,000

      Residential Lot in Established Area

      Raw residential parcel in Trona, CA, ready for development.
      0 8th, Trona, CA 93562
      View Details
    • $12,888

      Land For Sale in Trona

      Land parcel in Trona, San Bernardino County, California.
      84473 7th Street, Trona, CA 93562
      View Details
    • $688,888
      21,660 SF

      36-Unit Multifamily Investment Opportunity

      Multifamily complex with renovation potential in Trona, California.
      83298 Argus Avenue, Trona, CA 93562
      View Details
    • $12,888

      Residential Lot in Trona, CA

      Residential lot available in Trona, San Bernardino County.
      84473 7th Street, Trona, CA 93562
      View Details
    • $10,888

      Trona Land For Sale

      Commercial Rural zoned land in Trona, San Bernardino County.
      0 0486-192-02-0000 Railroad Street, Trona, CA 93562
      View Details
    • $12,888

      Land Parcel in Trona, CA

      Land parcel in Trona, San Bernardino County, California.
      84473 7th St, Trona, CA 93562
      View Details
    • $24,000

      Trona Land For Sale

      Two acre lot in Trona, California ready for development.
      0 1st Street, Trona, CA 93562
      View Details
    • $4,500

      Residential Land in Trona, CA

      Vacant land in Trona, CA, priced under $5,000.
      0 AKA 7th Avenue, Trona, CA 93562
      View Details
    • $5,499

      Residential Lot in Trona, CA

      Investor-friendly residential lot with versatile use options and open views.
      038-340-45, Trona, CA 93562
      View Details
    • $84,900

      80 Acres with Water Rights

      Rare Inyo County parcel with improvements and Western setting.
      3101 KINGS RANCH RD, Trona, CA 93562
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Multi-family lot for sale in Inyo County, California.
    Where is this residential land & home lot located?
    The property is located at 038-340-28 land Trona, CA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Multi‑Family Lot (MFL) designation suitable for development; Strong potential for investor and builder projects; Multiple exit strategies: build and sell, build and rent, or long‑term land hold
    (760) 264-3501
    We can help!
    Listing Contact
    Scott K. Miller
    Scott K. Miller
    Real Estate License ID: 02152150
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    038-340-28 land, Trona, CA 93562
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!