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    862 Magellan Dr Tehachapi, CA 93561

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    For Lease
    $2,700,000

    One acre commercial land for lease with freeway visibility.

    Property size:
    43,560 SF
    Lot size:
    0.41 Acres

    Property Features for 862 Magellan Dr

    General Information

    Size
    43,560 SF
    Lot size
    0.41 Acres

    Source: CREI Agent Karl Niehaus

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freeway Visible Commercial Land

    This one-acre commercial land parcel is available for lease. The property is suitable for a gas station, market, and drive-thru restaurant. It features an approximately 1,086-square-foot patio and an approximately 2,000-square-foot, 10-car stacking drive-thru. The location offers excellent exposure and is visible from the 58 Freeway. Neighboring businesses include Starbucks, Denny's, Subway, Shell, and USPS. It is located blocks from Home Depot, Adventist Hospital, and Tractor Supply.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Tehachapi
    County
    Kern
    State
    California
    Longitude
    -118.449239
    Latitude
    35.142217

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    FAQs

    What type of property is this?
    Commercial land - One acre commercial land for lease with freeway visibility.
    Where is this commercial land located?
    The property is located at 862 Magellan Dr Tehachapi, CA.
    What are key features of this property?
    This property features: - Freeway visible location on 58 Fwy - **Excellent Exposure**; - Gas station, market & drive-thru restaurant; - **±2,000 SF 10-car stacking drive-thru**
    (310) 880-7900
    Request Owner's contact information
    862 Magellan Dr Tehachapi, CA 93561
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    Tehachapi, CA 93561
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    Realmo Value Estimation

    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.

    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.

    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
    862 Magellan Dr Tehachapi, CA 93561
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