Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Ferrell Rd Lake Isabella, CA 93240

    View on Map
    Claim this Listing
    For Sale
    $125,000

    LAND - Lake Isabella, CA

    Lot size:
    10.04 Acres
    Added:
    Jun 2, 2024
    Days on Market:
    688
    Last Refresh:
    Apr 20 at 5:06 am

    Property Features for Ferrell Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    E 20 RS, Estate 20, Resid
    Standard status
    Active
    APN
    348-012-35
    Lot size
    10.04 Acres

    We can help!

    Listing Contact
    Julie Jones
    Julie Jones

    Listing agent Julie Jones License #01366537

    Listing office Miramar Realty - Lake Isabella 6425 Lake Isabella Blvd., Bakersfield, CA

    Listing date Jun 2, 2024

    MLS# 2605717 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.

    Overview

    Lake Isabella 10-Acre Parcel

    This 10.04-acre parcel is situated in an area of custom homes and offers mountain views. The corner lot provides access from the main paved road. A private water well is located on the property. Zoned E 20 RS, Estate 20, Resid, the property is suitable for building a home, establishing a ranch, or keeping horses, cattle, or other livestock. An adjacent 10-acre lot is also available, offering the opportunity to expand to a full 20 acres. The property is located in Lake Isabella, CA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Lake Isabella
    County
    Kern
    State
    California
    Longitude
    -118.4603604
    Latitude
    35.6009687

    Nearby Similar for Sale

    • $400,000
      2,100 SF

      Lake Isabella Mixed-Use Property

      Commercial 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
    • $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
    • $145,000

      Residential Land in Lake Isabella

      Large residential lot perfect for building your dream home.
      0 Edna Street, Lake Isabella, CA 93240
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 10-acre parcel with water well, suitable for various uses.
    Where is this agricultural land / farmland located?
    The property is located at Ferrell Rd Lake Isabella, CA.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: 10‑acre parcel with STUNNING MOUNTAIN VIEWS in an area of custom homes.; Private water well ALREADY INSTALLED on the property.; Excellent access from a main paved road on a corner lot.
    (760) 417-2444
    We can help!
    Listing Contact
    Julie Jones
    Julie Jones
    Real Estate License ID: 01366537
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!