Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lake Isabella Land Opportunity Title is generated by Realmo AI

    2704 Bobcat Dr, Lake Isabella, CA 93240

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Lake Isabella, CA

    Lot size:
    0.35 Acres
    Added:
    Jan 7, 2026
    Days on Market:
    123
    Last Refresh:
    May 10 at 1:06 am

    Property Features for 2704 Bobcat Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    E(1/4)
    Standard status
    Active
    APN
    347-064-05
    Lot size
    0.35 Acres

    We can help!

    Listing Contact
    Monica OBrien

    Listing agent Monica OBrien License #01923936

    Listing office Monica O'Brien Realty 12150 CA-178, Lake Isabella, CA

    Listing date Jan 7, 2026

    MLS# 2607952 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

    • Two 35‑acre lots available side‑by‑side (sold separately).
    • Enjoy the lake view.
    • Power poles at the property line.
    • Close proximity to Lake for fishing.
    • Near the Kern River for river rafting.
    • Close to skiing at a local resort.

    Overview

    Two adjacent lots are available for purchase separately. Each lot spans 0.35 acres and is priced at $25,000. The lake view lot is located in upper Squirrel Valley within the Kern River Valley. The property requires a septic system. Power poles are situated at the property line. Its location offers proximity to the lake, making it convenient for fishing derbies, the Kern River for river rafting, and a local resort for skiing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Auto Repair Shop Pharmacy Hotel & Motel Department Store Kitchen & Bath Showroom Bakery Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Isabella
    County
    Kern
    State
    California
    Longitude
    -118.4122403
    Latitude
    35.6132189

    Nearby Similar for Sale

    • $400,000
      2,100 SF

      Lake Isabella Commercial Opportunity

      C-2 zoned property with retail, shop, and residential spaces.
      5209 Lake Isabella Blvd, Lake Isabella, CA 93240
      View Details
    • $175,000
      1,130 SF

      Lake Isabella Car Wash Opportunity

      Partially completed car wash with high-visibility location off Highway 178.
      14700 Highway 178, Lake Isabella, CA 93240
      View Details
    • $197,000
      1,400 SF

      Commercial Property on Lake Isabella Blvd

      C2-zoned commercial property with retail frontage and separate residence.
      3925 Lake Isabella Blvd, Lake Isabella, CA 93240
      View Details
    • $400,000
      2,100 SF

      Lake Isabella Commercial Opportunity

      High-visibility commercial property with retail, shop, and residential spaces.
      5209 Lake Isabella Boulevard, Lake Isabella, CA 93240
      View Details
    • $95,000

      Commercial Land on Lake Isabella Blvd

      Half-acre commercial land with business potential and existing infrastructure.
      3705 Lake Isabella, Lake Isabella, CA 93240
      View Details
    • $120,000
      3,200 SF

      Mountain Mesa Commercial Building

      Four-unit commercial building in Lake Isabella, California.
      12600 Mountain Mesa Road, Lake Isabella, CA 93240
      View Details
    • $400,000
      3,720 SF

      Lake Isabella Mixed-Use Commercial Property

      High-visibility commercial property with retail, shop, and residential spaces.
      5209 Lake Isabella, Lake Isabella, CA 93240
      View Details
    • $85,000

      Lake Isabella Development Opportunity

      Three contiguous parcels with lake and mountain views.
      3192 Shadow Mountain Drive, Lake Isabella, CA 93240
      View Details
    • $39,000

      Commercial Lot on Lake Isabella

      Commercially zoned lot with frontage on Lake Isabella Boulevard.
      5125 Lake Isabella Boulevard, Lake Isabella, CA 93240
      View Details
    • $30,000

      Lake Isabella Build-Ready Lot

      Single-family lot with utilities in established Lake Isabella neighborhood.
      2517 Webb Ave, Lake Isabella, CA 93240
      View Details
    • $39,000

      Lake Isabella Corner Lot Parcels

      Two fenced corner lots near Lake Isabella and Kernville.
      Ware Ct, Lake Isabella, CA 93240
      View Details
    • $16,000

      Lake Isabella Vacant Lot

      0.77 acre vacant lot with mountain views.
      Goat Ranch Road, Lake Isabella, CA 93240
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Two adjacent lots available near Lake Isabella, California.
    Where is this residential land & home lot located?
    The property is located at 2704 Bobcat Dr Lake Isabella, 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: Two 35‑acre lots available side‑by‑side (sold separately).; Enjoy the lake view.; Power poles at the property line.
    (760) 549-0408
    We can help!
    Listing Contact
    Monica OBrien
    Real Estate License ID: 01923936
    Learn More
    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
    2704 Bobcat Dr, Lake Isabella, CA 93240
    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!