C-2 Storefront Commercial
For Sale
$295,000
2939 Sierra Highway, Rosamond, CA 93560
Commercial Sale, Rosamond, CA
Property Size1,672 SF
Lot Size0.34 Acres
Price / SF$176.44
Days on Market152
Property Features for 2939 Sierra Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-2
Directions
14 Fwy Exit Rosamond Blvd, East to Sierra Hwy, South to Property
Subdivision
16 - Rosamond to Backus
Standard status
Active
APN
258-040-23
Size
1,672 SF
Lot size
0.34 Acres
Utilities
Utilities
Electricity Available
Heating system
Central, Natural Gas
Cooling system
Evaporative Cooling, Central Air
Building Details
Year built
1953
Floors in Building
1
Building materials
Stucco, Wood Siding
Roof type
Composition
Listing Agency:
Keller Williams Realty A.V.
(661) 538-2800
Listed By:
Steven Burton · License #00921720
(661) 857-0440
Added: Apr 15
Changed: Sep 13
Last Checked: Sep 13 at 11:06AM
MLS# 26002992
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.
This 1,672-square-foot storefront commercial building occupies a 0.34-acre parcel and includes an adaptable interior configuration. The property was previously used as an ice cream shop, and multiple commercial freezers remain on site; their availability may be negotiated separately. Construction includes stucco and wood siding, with a composition roof, central natural-gas heating, and evaporative cooling with central air. The building dates to 1953.
Located at 2939 Sierra Highway in Rosamond’s business district, the property has frontage along Sierra Highway and is positioned for visible commercial exposure. C-2 zoning supports a range of commercial applications identified for the site, including retail, a mini market, wholesale distribution, and auto repair. Electricity is available, and the sale includes APN 258-040-06.
Located at 2939 Sierra Highway in Rosamond’s business district, the property has frontage along Sierra Highway and is positioned for visible commercial exposure. C-2 zoning supports a range of commercial applications identified for the site, including retail, a mini market, wholesale distribution, and auto repair. Electricity is available, and the sale includes APN 258-040-06.
Key Highlights
- 1,672‑square‑foot storefront on a 0.34‑acre parcel
- C‑2 Commercial zoning
- Located at 2939 Sierra Highway in Rosamond
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,591
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$411,820
$411.8K
Cap Rate 7%
$294,157
$294.2K
Cap Rate 9%
$228,789
$228.8K
Market Conditions
NOI Build-Up for 1,672 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$30.9K $18.48/SF
− Vacancy
−$1.5K −$0.89/SF
EGI
$29.4K $17.59/SF
− OpEx
−$8.8K −$5.28/SF
NOI
$20.6K $12.32/SF
Area
Kern County, CA
Vacancy
4.80%
Lease Rate
$18.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$411,820
Cap Rate 7%
$294,157
Cap Rate 9%
$228,789
Alternative Uses
Best Use
Industrial
$294.2K
$257.4K – $343.2K
NOI $20,591 @ 7.0% cap · market cap 6.98%
Second Best
Retail
$236.0K
$206.5K – $275.3K
NOI $16,520 @ 7.0% cap · market cap 5.60%
Theoretical Best
Warehouse
$357.2K
$312.5K – $416.7K
NOI $25,003 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
354
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 93560, CA
21,581
Population
7,458
Households
2.9
Avg Household Size
34
Median Age
17%
College-Educated
85%
High-School Grad
167.9 sq mi
ZIP Area
129
Density / Sq Mi
$76,204
Median Household Income
$39,695
Median Earnings
$1,229
Median Rent
$324,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Albertsons Floral — 2547 W Rosamond Blvd, Rosamond, CA 93560
- Moderna flowers — 3300 15th St W, Rosamond, CA 93560
Frequently Asked Questions
What type of property is this?
Storefront property - Flexible commercial storefront with an adaptable layout, existing freezer equipment, and C-2 zoning for varied business uses.
Where is this storefront property located?
The property is located at 2939 Sierra Highway Rosamond, CA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 1,672‑square‑foot storefront on a 0.34‑acre parcel; C‑2 Commercial zoning; Located at 2939 Sierra Highway in Rosamond
