Mixed-Use Property with
New
For Sale
$360,000
5209 Lake Isabella, Lake Isabella, CA 93240
Retail space, an automotive shop, and a separate residence create a varied commercial property configuration.
Property Size2,100 SF
Days on Market6
Property Features for 5209 Lake Isabella
General Information
Standard status
Active
Size
2,100 SF
Zoning
C-2
Additional Details
Road Access
Yes
Service Bays
1
Building Details
Building Size
2,100 SF
Year Built
1977
Buildings
2
Stories
2
Listing Agency:
Real Broker
Listed By:
Elizabeth Jimenez · License #01966834
(760) 223-1278
Source:
Evrealestate
Added: Oct 2
Changed: Oct 4
Last Checked: Oct 5 at 6:13PM
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 Broker
Investment Insights
Based on property information with market context.
This mixed-use property combines a 1,200-square-foot retail space with a 720-square-foot shop equipped with an automotive lift. A two-story residence measuring 1,800 square feet was built in 2017 and has two bedrooms, two bathrooms, wood floors, and wood detailing. The commercial property is zoned C-2.
The site is on Lake Isabella Boulevard, a main thoroughfare. Its existing improvements include retail, shop, and residential components.
The site is on Lake Isabella Boulevard, a main thoroughfare. Its existing improvements include retail, shop, and residential components.
Key Highlights
- 1,200‑square‑foot retail space
- 720‑square‑foot shop with an automotive lift
- 1,800‑square‑foot, two‑story residence built in 2017
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,749
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$414,980
$415.0K
Cap Rate 7%
$296,414
$296.4K
Cap Rate 9%
$230,544
$230.5K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$31.5K $15.00/SF
− Vacancy
−$1.9K −$0.89/SF
EGI
$29.6K $14.11/SF
− OpEx
−$8.9K −$4.23/SF
NOI
$20.7K $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 Rate 5%
$414,980
Cap Rate 7%
$296,414
Cap Rate 9%
$230,544
Alternative Uses
Best Use
Retail
$296.4K
$259.4K – $345.8K
NOI $20,749 @ 7.0% cap · market cap 5.76%
Second Best
Mixed Use
$283.5K
$248.1K – $330.8K
NOI $19,845 @ 7.0% cap · market cap 5.51%
Theoretical Best
Warehouse
$448.6K
$392.5K – $523.4K
NOI $31,403 @ 7.0% cap · market cap 8.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Service bays
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
225
Businesses Nearby
27k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 69%
Dining 31%
Burger King
Dining
8,321 visits/mo
0.5 miles
Dollar General
Shops & Services
6,462 visits/mo
0.2 miles
Fastrip
Shops & Services
5,535 visits/mo
0.1 miles
Shell
Shops & Services
4,061 visits/mo
0.4 miles
O'Reilly Auto Parts
Shops & Services
2,860 visits/mo
0.4 miles
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail space, an automotive shop, and a separate residence create a varied commercial property configuration.
Where is this mixed-use property located?
The property is located at 5209 Lake Isabella Lake Isabella, CA.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: 1,200‑square‑foot retail space; 720‑square‑foot shop with an automotive lift; 1,800‑square‑foot, two‑story residence built in 2017
