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    860 Magellan Dr Tehachapi, CA 93561

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    For Sale
    $2,400,000

    One acre site suitable for drive-thru restaurant and gas station.

    Property size:
    43,560 SF
    Lot size:
    1.00 Acre

    Property Features for 860 Magellan Dr

    General Information

    Size
    43,560 SF
    Lot size
    1.00 Acre

    Source: CREI Agent Karl Niehaus

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

    Overview

    Prime Commercial Land Available

    This property features approximately one acre of commercial land. A drive-thru restaurant of approximately 2,000 square feet with an approximately 1,086-square-foot patio is planned for the site. The property is located on a signalized corner and includes a POL Market & Gas Station. Neighboring businesses include Starbucks, Denny's, Subway, Shell, and USPS. The site offers freeway visibility and exposure and is located one block from the 58 Freeway.
    Insight Report 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 site suitable for drive-thru restaurant and gas station.
    Where is this commercial land located?
    The property is located at 860 Magellan Dr Tehachapi, CA.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - High-traffic location on a signalized corner with excellent freeway visibility and exposure.; - Existing **±2,000 SF drive-thru restaurant with a ±1,086 SF patio.**; - Includes a POL Market & Gas Station.
    (310) 880-7900
    Request Owner's contact information
    860 Magellan Dr 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
    860 Magellan Dr Tehachapi, CA 93561
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