Single-Story Office
For Sale
$475,000
8307 California City, California City, CA 93505
Single-story wood frame and stucco office building zoned C2, currently vacant and needing renovation.
Property Size2,752 SF
Price / SF$172.60
Days on Market84
Property Features for 8307 California City
General Information
Standard status
Active
Size
2,752 SF
Zoning
C2
Building Details
Buildings
1
Stories
1
Building Size
2,752 SF
Construction
wood frame and stucco
Listing Agency:
RE/MAX of Santa Clarita
Listed By:
Dean Cox · License #01331788
(661) 644-6120
Source:
Jessicadixonrealty
Added: Jul 29
Changed: Oct 7
Last Checked: Oct 7 at 5:17PM
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 of Santa Clarita
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Investment Insights
Based on property information with market context.
Stand-alone, vacant single-story commercial office building totaling approximately 2,752 square feet. The wood frame and stucco construction provides one-story office space that is currently ready for renovation and updating. The property footprint consists of 3 parcels.
The building is zoned C2. Prior use includes a dentist office, and it was later acquired by the Mojave School District for use as a resource center.
This property is positioned for an owner-user or tenant to reimagine the interior layout and finishes to fit a new office concept, given it is currently vacant and in need of renovation.
The building is zoned C2. Prior use includes a dentist office, and it was later acquired by the Mojave School District for use as a resource center.
This property is positioned for an owner-user or tenant to reimagine the interior layout and finishes to fit a new office concept, given it is currently vacant and in need of renovation.
Key Highlights
- Approximately 2,752 SF single‑story office building
- Zoned C2
- Wood frame and stucco construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,622
Cap Rate
6.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$632,440
$632.4K
Cap Rate 7%
$451,743
$451.7K
Cap Rate 9%
$351,356
$351.4K
Market Conditions
NOI Build-Up for 2,752 SF
Gross rent
$47.9K $17.40/SF
− Vacancy
−$5.7K −$2.08/SF
EGI
$42.2K $15.32/SF
− OpEx
−$10.5K −$3.83/SF
NOI
$31.6K $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%
$632,440
Cap Rate 7%
$451,743
Cap Rate 9%
$351,356
Alternative Uses
Best Use
Office B
$451.7K
$395.3K – $527.0K
NOI $31,622 @ 7.0% cap · market cap 6.66%
Second Best
Healthcare Medical
$311.5K
$272.6K – $363.5K
NOI $21,808 @ 7.0% cap · market cap 4.59%
Theoretical Best
Warehouse
$587.9K
$514.4K – $685.9K
NOI $41,153 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
257
Businesses Nearby
Explore this area
Business Placement
Demographics for 93505, CA
14,880
Population
5,352
Households
2.8
Avg Household Size
35
Median Age
11%
College-Educated
79%
High-School Grad
65.0 sq mi
ZIP Area
229
Density / Sq Mi
$55,010
Median Household Income
$32,590
Median Earnings
$1,016
Median Rent
$239,600
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
Frequently Asked Questions
What type of property is this?
Office building - Single-story wood frame and stucco office building zoned C2, currently vacant and needing renovation.
Where is this office building located?
The property is located at 8307 California City California City, CA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Approximately 2,752 SF single‑story office building; Zoned C2; Wood frame and stucco construction
