Corner-Lot Office
3611 Wagon Wheel Drive, Lake Isabella, CA 93240
For Sale
$300,000
Commercial Building, Lake Isabella, CA
Property Size1,440 SF
Lot Size0.61 Acres
Price / SF$208.33
Days on Market56
Property Features for 3611 Wagon Wheel Drive
General Information
Property type
Property subtype
Zoning
Bathrooms
Half bathrooms
Rooms
Lot features
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Corner Location
Property Use
Utilities
Heating system
Cooling system
Amenities
mini-split system
three-quarter bathroom
half bath
Building Details
Year built
Floors in Building
Roof type
Buildings
Listing Agency:
Click Realty
Listed By:
Cheyanne Click · License #02028583
(760) 376-2289
Added: Sep 15
Changed: Nov 8
Last Checked: Nov 9 at 9:06AM
MLS# 2608988
Copyright © 2026 Southern Sierra MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The 1,440-square-foot office building was constructed in 1968 and has received cosmetic updates. Interior features include a ductless heating and cooling system, a three-quarter bathroom with a shower, and a separate half bath. The roof is composition material.
The property occupies a corner parcel of approximately 0.61 acre and is zoned C-1. Office, showroom, retail, or sales-lot use may be considered subject to zoning and county approval.
The property occupies a corner parcel of approximately 0.61 acre and is zoned C-1. Office, showroom, retail, or sales-lot use may be considered subject to zoning and county approval.
Key Highlights
- 1,440‑square‑foot office building on approximately 0.61 acre
- C‑1 zoning; other uses subject to zoning and county approval
- Ductless heating and cooling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,546
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,920
$330.9K
Cap Rate 7%
$236,371
$236.4K
Cap Rate 9%
$183,844
$183.8K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$25.1K $17.40/SF
− Vacancy
−$3.0K −$2.08/SF
EGI
$22.1K $15.32/SF
− OpEx
−$5.5K −$3.83/SF
NOI
$16.5K $11.49/SF
Area
Kern County, CA
Vacancy
11.95%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,920
Cap Rate 7%
$236,371
Cap Rate 9%
$183,844
Alternative Uses
Best Use
Office B
$236.4K
$206.8K – $275.8K
NOI $16,546 @ 7.0% cap · market cap 5.52%
Second Best
Retail
$203.3K
$177.9K – $237.1K
NOI $14,228 @ 7.0% cap · market cap 4.74%
Theoretical Best
Warehouse
$307.6K
$269.2K – $358.9K
NOI $21,534 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
Explore this area
Business Placement
Demographics for 93240, CA
5,691
Population
3,319
Households
1.7
Avg Household Size
50
Median Age
10%
College-Educated
91%
High-School Grad
58.0 sq mi
ZIP Area
98
Density / Sq Mi
$28,535
Median Household Income
$30,898
Median Earnings
$1,129
Median Rent
$203,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Kern County, CA
Properties on Market for Office Units in Kern County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - A compact office property with ductless heating and cooling and two bathrooms, including one with a shower.
Where is this office unit located?
The property is located at 3611 Wagon Wheel Drive Lake Isabella, 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: 1,440‑square‑foot office building on approximately 0.61 acre; C‑1 zoning; other uses subject to zoning and county approval; Ductless heating and cooling
