Saloon with Covered
New
For Sale
$300,000
777 W Tehachapi Boulevard C, Tehachapi, CA 93561
The operating business transfers with its fixtures, beverage inventory, and separate storage area.
Property Size1,977 SF
Price / SF$151.75
Days on Market2
Property Features for 777 W Tehachapi Boulevard C
General Information
Standard status
Active
Size
1,977 SF
Property subtype
Business Opportunity
Additional Details
Business Included
Yes
Amenities
covered patio area
storage area with a sea train
Building Details
Year Built
1981
Listing Agency:
RE/MAX All-Pro
Listed By:
Lorena Semerenko · License #01960907
(661) 202-0015
Source:
Jessicadixonrealty
Added: Sep 24
Last Checked: Sep 24 at 2:34PM
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 RE/MAX All-Pro
Investment Insights
Based on property information with market context.
Dog House Saloon is an active bar business in Tehachapi, California, occupying a 1,977-square-foot space at 777 W Tehachapi Boulevard C. The building dates to 1981, and the business was established in 2011. A full bar and beverage inventory are included, along with the business fixtures.
A covered patio at the rear adds outdoor seating. The property also has a storage area with a sea train for inventory and supplies.
A covered patio at the rear adds outdoor seating. The property also has a storage area with a sea train for inventory and supplies.
Key Highlights
- Active saloon business established in 2011
- 1,977‑square‑foot space in a building constructed in 1981
- Full bar, fixtures, and beverage inventory included
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
$21,859
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
7.29%
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%
$437,180
$437.2K
Cap Rate 7%
$312,271
$312.3K
Cap Rate 9%
$242,878
$242.9K
Market Conditions
NOI Build-Up for 1,977 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
$30.8K $15.60/SF
− Vacancy
−$1.7K −$0.86/SF
EGI
$29.1K $14.74/SF
− OpEx
−$7.3K −$3.69/SF
NOI
$21.9K $11.06/SF
Area
Kern County, CA
Vacancy
5.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
25.00%
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%
$437,180
Cap Rate 7%
$312,271
Cap Rate 9%
$242,878
Alternative Uses
Best Use
Specialty Retail
$312.3K
$273.2K – $364.3K
NOI $21,859 @ 7.0% cap · market cap 7.29%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$422.3K
$369.6K – $492.7K
NOI $29,564 @ 7.0% cap · market cap 9.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
122
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93561, CA
31,091
Population
13,876
Households
2.2
Avg Household Size
42
Median Age
28%
College-Educated
92%
High-School Grad
301.8 sq mi
ZIP Area
103
Density / Sq Mi
$86,149
Median Household Income
$52,088
Median Earnings
$1,299
Median Rent
$377,400
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
Questions? Ask Rey
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Similar Off Market Nearby
- La Bodega de Castillo — 109 N Green St, Tehachapi, CA 93561
Frequently Asked Questions
What type of property is this?
Bar & Pub - The operating business transfers with its fixtures, beverage inventory, and separate storage area.
Where is this bar & pub located?
The property is located at 777 W Tehachapi Boulevard C Tehachapi, 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: Active saloon business established in 2011; 1,977‑square‑foot space in a building constructed in 1981; Full bar, fixtures, and beverage inventory included
