Corner-Lot Office
For Sale
$300,000
3611 Wagon Wheel Drive, Lake Isabella, CA 93240
Commercial Building, Lake Isabella, CA
Property Size1,440 SF
Lot Size0.61 Acres
Price / SF$208.33
Days on Market23
Property Features for 3611 Wagon Wheel Drive
General Information
Property type
Residential
Property subtype
Office
Zoning
C-1
Bathrooms
2
Half bathrooms
1
Rooms
Bathroom 1, Bathroom 2
Lot features
Outdoor Lighting, Corner Lot, R V/ Boat Parking, Parking Available
Subdivision
Lake Isabella 93240
Standard status
Active
APN
485-154-01
Size
1,440 SF
Lot size
0.61 Acres
Utilities
Heating system
Ductless (Heating)
Cooling system
Zoned, Ductless
Building Details
Year built
1968
Floors in Building
1
Roof type
Composition
Listing Agency:
Click Realty
(760) 376-2289
Listed By:
Cheyanne Click · License #02028583
(661) 332-0692
Added: Sep 15
Changed: Oct 3
Last Checked: Oct 7 at 7:06AM
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.
Investment Insights
Based on property information with market context.
This office property contains 1,440 square feet on a 0.61-acre corner lot. Constructed in 1968, the building has a ductless heating and cooling system, one three-quarter bathroom with a shower, and a separate half bath. Cosmetic upgrades have been completed, and the roof is composition material.
The property is located at 3611 Wagon Wheel Drive in Lake Isabella, California. Its zoning is C-1.
The property is located at 3611 Wagon Wheel Drive in Lake Isabella, California. Its zoning is C-1.
Key Highlights
- 1,440‑square‑foot office building
- 0.61‑acre corner lot
- C‑1 zoning
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
—
—
no second resolved use
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.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
Well-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office space - C-1 zoning and a corner parcel provide a defined setting for this office property.
Where is this office space 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; 0.61‑acre corner lot; C‑1 zoning
