Building Details

Building Size 1,104 SF

Year Built 1958

Listing Agency: Real Brokerage Technologies, Inc.

Listed By: Marissa Cardenas · License #02075379 Show Phone

Source: Elliman

Added: Oct 4 Last Checked: Oct 5 at 7:05PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Brokerage Technologies, Inc.

Investment Insights

Based on property information with market context.

This commercial parcel encompasses 14,810 square feet, or approximately 0.34 acres, and includes a standalone 1,104-square-foot building. Constructed in 1958, the building sits on a lot with on-site surface parking. The property is identified with C-2 commercial zoning.

Key Highlights

• 14,810‑square‑foot parcel, approximately 0.34 acres
• Standalone building totals 1,104 square feet
• C‑2 commercial zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$15,758

Cap Rate

6.30%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$315,160 $315.2K

Cap Rate 7%

$225,114 $225.1K

Cap Rate 9%

$175,089 $175.1K

Market Conditions

NOI Build-Up for 1,104 SF

Gross rent

$23.8K $21.60/SF

− Vacancy

−$1.3K −$1.21/SF

EGI

$22.5K $20.39/SF

− OpEx

−$6.8K −$6.12/SF

NOI

$15.8K $14.27/SF

Area

Tulare County, CA

Vacancy

5.60%

Lease Rate

$21.60 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$315,160

Cap Rate 7%

$225,114

Cap Rate 9%

$175,089

Alternative Uses

Best Use

Retail

$225.1K

$197.0K – $262.6K (±1% cap)

NOI $15,758 @ 7.0% cap · market cap 6.30%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$335.3K

$293.4K – $391.2K (±1% cap)

NOI $23,474 @ 7.0% cap · market cap 9.39%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Arcade & Gaming Center Restaurant

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

Location Intelligence

Trade Area within ½ mile

10

Businesses Nearby

Explore this area Business Placement

Demographics for 93527, CA

2,315

Population

1,069

Households

2.2

Avg Household Size

51

Median Age

36%

College-Educated

94%

High-School Grad

350.2 sq mi

ZIP Area

7

Density / Sq Mi

$82,667

Median Household Income

$38,977

Median Earnings

$922

Median Rent

$328,000

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 commercial land 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?

Commercial land - The parcel includes a freestanding commercial building, surface parking, and C-2 zoning.

Where is this commercial land located?

The property is located at 2609 State Highway 14 Inyokern, CA.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: 14,810‑square‑foot parcel, approximately 0.34 acres; Standalone building totals 1,104 square feet; C‑2 commercial zoning