Building Details

Year built 1920

Floors in Building 1

Building materials Stucco, Plaster, Shingle Siding

Listing Agency: Keller Williams Realty A.V. k***@kw.com Show Phone

Listed By: Anish Parmar · License #02017930 Show Phone

Added: Sep 28 Changed: Oct 1 Last Checked: Oct 7 at 8:06AM

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MLS# 26007482

Copyright © 2026 Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1920, this 1,358-square-foot building occupies a 0.17-acre parcel and was previously used as a restaurant. Its layout includes a dining area, full kitchen, drive-through window, deli and pastry display cases, and a public restroom. The property is zoned C2 and has heat-pump heating, wall/window-unit cooling, and natural gas available.

At 2320 Belshaw Street in Mojave, the building is in the downtown area near the 14 freeway. It served as a locally known restaurant for more than a decade.

Key Highlights

• 1,358‑square‑foot building on a 0.17‑acre parcel
• Restaurant layout includes dining area, full kitchen, drive‑through window, deli and pastry displays, and public restroom
• C2 zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$15,015

Cap Rate

5.01%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$300,300 $300.3K

Cap Rate 7%

$214,500 $214.5K

Cap Rate 9%

$166,833 $166.8K

Market Conditions

NOI Build-Up for 1,358 SF

Gross rent

$21.2K $15.60/SF

− Vacancy

−$1.2K −$0.86/SF

EGI

$20.0K $14.74/SF

− OpEx

−$5.0K −$3.69/SF

NOI

$15.0K $11.06/SF

Area

Kern County, CA

Vacancy

5.50%

Lease Rate

$15.60 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$300,300

Cap Rate 7%

$214,500

Cap Rate 9%

$166,833

Alternative Uses

Best Use

Specialty Retail

$214.5K

$187.7K – $250.3K (±1% cap)

NOI $15,015 @ 7.0% cap · market cap 5.01%

Second Best

—

—

no second resolved use

Theoretical Best

Warehouse

$290.1K

$253.9K – $338.5K (±1% cap)

NOI $20,308 @ 7.0% cap · market cap 6.77%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service Plumbing Service Hair Salon Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

243

Businesses Nearby

Explore this area Business Placement

Demographics for 93501, CA

5,772

Population

2,416

Households

2.4

Avg Household Size

35

Median Age

7%

College-Educated

74%

High-School Grad

222.0 sq mi

ZIP Area

26

Density / Sq Mi

$55,372

Median Household Income

$37,500

Median Earnings

$1,175

Median Rent

$183,400

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this drive through restaurants located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Drive through restaurant - Historic commercial property with dining space, a full kitchen, service window, and C2 zoning.

Where is this drive through restaurant located?

The property is located at 2320 Belshaw Street Mojave, CA.

What is the asking price?

The asking price for this property is $300,000.

What are key features of this property?

This property features: 1,358‑square‑foot building on a 0.17‑acre parcel; Restaurant layout includes dining area, full kitchen, drive‑through window, deli and pastry displays, and public restroom; C2 zoning