Retail Storefront with
For Sale
$295,000
2939 Sierra Hwy, Rosamond, CA 93560
Existing commercial freezers support continued food-service or other retail use at this Sierra Highway property.
Property Size1,672 SF
Price / SF$176.44
Days on Market8
Property Features for 2939 Sierra Hwy
General Information
Standard status
Active
Size
1,672 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1953
Listing Agency:
Keller Williams Realty A.V.
(661) 857-0440
Listed By:
Steven Burton · License #00921720
Source:
Jessicadixonrealty
Added: Aug 22
Changed: Aug 28
Last Checked: Aug 28 at 12:36PM
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 Keller Williams Realty A.V.
Investment Insights
Based on property information with market context.
This 1,672-square-foot retail storefront was built in 1953 and was most recently operated as an ice cream shop. Several commercial freezers remain in the building and are available for purchase or negotiation.
The property is located at 2939 Sierra Hwy in Rosamond, California, within the area’s business district and along Sierra Highway. The sale includes APN 258-040-06.
The property is located at 2939 Sierra Hwy in Rosamond, California, within the area’s business district and along Sierra Highway. The sale includes APN 258-040-06.
Key Highlights
- 1,672‑square‑foot retail storefront
- Commercial freezers remain on the premises and are available for purchase or negotiation
- Most recently used as an ice cream shop
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
$16,520
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
5.60%
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%
$330,400
$330.4K
Cap Rate 7%
$236,000
$236.0K
Cap Rate 9%
$183,556
$183.6K
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
$25.1K $15.00/SF
− Vacancy
−$1.5K −$0.89/SF
EGI
$23.6K $14.11/SF
− OpEx
−$7.1K −$4.23/SF
NOI
$16.5K $9.88/SF
Area
Kern County, CA
Vacancy
5.90%
Lease Rate
$15.00 /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%
$330,400
Cap Rate 7%
$236,000
Cap Rate 9%
$183,556
Alternative Uses
Best Use
Retail
$236.0K
$206.5K – $275.3K
NOI $16,520 @ 7.0% cap · market cap 5.60%
Second Best
—
—
no second resolved use
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
Property Profile
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 - Existing commercial freezers support continued food-service or other retail use at this Sierra Highway property.
Where is this storefront property located?
The property is located at 2939 Sierra Hwy 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 retail storefront; Commercial freezers remain on the premises and are available for purchase or negotiation; Most recently used as an ice cream shop
