Established Hardware Business For
For Sale
Contact for pricing
6259 CA-178, Inyokern, CA 93527
Hardware supply business with a long-standing presence and diverse inventory.
Property Size5,400 SF
Price / SF$222.22
Days on Market1202
Property Features for 6259 CA-178
General Information
Standard status
Active
Size
5,400 SF
Property subtype
Retail
Zoning
M-2
Investment Type
Owner/User
Building Details
Year Built
1983
Listing Agency:
Watson Realty
(661) 859-5600
Listed By:
Doug Carter · License #CA 01098135
Source:
Crexi
Added: May 16, 2023
Changed: Aug 25
Last Checked: Aug 26 at 1:02PM
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 Watson Realty
Investment Insights
Based on property information with market context.
This established hardware supply business has been serving the Ridgecrest/Inyokern area for over 30 years. It maintains long-standing accounts with local contractors and NAWS naval base entities. The business offers a wide range of products, including cooling and heating supplies, residential and commercial plumbing, electrical parts, septic tanks and leech lines, water tanks, concrete and pavers, fencing and gates, paint and paint supplies, propane gas, tanks and parts, power and hand tools, lumber, hay and animal feed, and custom order options. The property includes a 5,400 sq ft building and over 100 shipping containers used for inventory storage. The business is an Ace Hardware Distributor. Additionally, there is a cell tower leased to a cell service provider on-site, with plans for a second tower to be constructed.
Key Highlights
- Established hardware supply business in Ridgecrest/Inyokern area for over 30 years.
- Largest on‑site supply of cooling/heating, plumbing, and electrical parts.
- Long‑standing accounts with local contractors and NAWS naval base.
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
$53,355
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
4.45%
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%
$1,067,100
$1.1M
Cap Rate 7%
$762,214
$762.2K
Cap Rate 9%
$592,833
$592.8K
Market Conditions
NOI Build-Up for 5,400 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
$81.0K $15.00/SF
− Vacancy
−$4.8K −$0.89/SF
EGI
$76.2K $14.11/SF
− OpEx
−$22.9K −$4.23/SF
NOI
$53.4K $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 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%
$1,067,100
Cap Rate 7%
$762,214
Cap Rate 9%
$592,833
Alternative Uses
Best Use
Retail
$762.2K
$666.9K – $889.3K
NOI $53,355 @ 7.0% cap · market cap 4.45%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.15M
$1.01M – $1.35M
NOI $80,752 @ 7.0% cap · market cap 6.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Explore this area
Business Placement
Demographics for 93527, CA
2,315
Population
1,069
Households
2.2
Avg Household Size
51
Median Age
36%
College-Educated
94%
High-School Grad
350.2 sq mi
ZIP Area
7
Density / Sq Mi
$82,667
Median Household Income
$38,977
Median Earnings
$922
Median Rent
$328,000
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?
Retail space - Hardware supply business with a long-standing presence and diverse inventory.
Where is this retail space located?
The property is located at 6259 CA-178 Inyokern, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Established hardware supply business in Ridgecrest/Inyokern area for over 30 years.; Largest on‑site supply of cooling/heating, plumbing, and electrical parts.; Long‑standing accounts with local contractors and NAWS naval base.
