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

    263-162-05 Scovern Lake Isabella, CA 93240

    View on Map
    For Sale
    Contact for pricing

    LAND - Lake Isabella, CA

    Lot size:
    0.21 Acres
    Added:
    Jan 21, 2026
    Days on Market:
    72
    Last Refresh:
    Apr 3 at 11:06 pm

    Property Features for 263-162-05 Scovern

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-2
    Standard status
    Active
    APN
    263-162-05
    Lot size
    0.21 Acres

    We can help!

    Listing Contact
    Annette Marie Pounds

    Listing agent Annette Marie Pounds License #02192807

    Listing office Destiny Real Estate 6048A Lake isabella, Lake Isabella, CA

    Listing date Jan 21, 2026

    MLS# 2607991

    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 Land For Sale

    This 0.21-acre lot, encompassing 9,147 square feet, is located in Lake Isabella, CA. It is zoned R-2, allowing for the construction of two units, presenting a potential income opportunity for investors. The property is situated in the Kern River Valley.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Lake Isabella
    County
    Kern
    State
    California
    Longitude
    -118.477771
    Latitude
    35.614232

    Nearby Similar for Sale

    • $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
    • $425,000
      2,100 SF

      Lake Isabella Commercial Property

      High-visibility commercial property with retail, shop, and residential spaces.
      5209 Lake Isabella Boulevard, Lake Isabella, CA 93240
      View Details
    • $315,000
      1,470 SF

      Lake Isabella Commercial Property For Sale

      Prime commercial property in Lake Isabella, business ready and like new.
      12304 Mountain Mesa Road, Lake Isabella, CA 93240
      View Details
    • $99,000

      Commercial Land on Lake Isabella Blvd

      Half-acre commercial land with C2 zoning 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
    • $425,000
      2,100 SF

      Lake Isabella Commercial Property For Sale

      High-visibility commercial property with retail, shop, and residential spaces.
      5209 Lake Isabella Blvd, Lake Isabella, CA 93240
      View Details
    • $325,000
      1,760 SF

      Lake Isabella Office Building For Sale

      Modern, architecturally unique office building with versatile C2 zoning.
      3700 Golden Spur St, 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
    • $16,000

      Lake Isabella Vacant Lot

      0.77 acre vacant lot with mountain views.
      Goat Ranch Road, Lake Isabella, CA 93240
      View Details
    • $59,500

      Lake Isabella Land Opportunity

      Corner parcel with 360-degree views in South Lake area.
      4921 Ford St, Lake Isabella, CA 93240
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.21 acre lot zoned for two units.
    Where is this residential land & home lot located?
    The property is located at 263-162-05 Scovern 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: Large 9,147 SF lot size.; Zoned for a 2‑unit building.; Potential for rental income, a great investor opportunity.
    (760) 382-9893
    We can help!
    Listing Contact
    Annette Marie Pounds
    Real Estate License ID: 02192807
    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!