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    15201 Magnolia Ave Wasco, CA 93280

    For Sale
    $550,000

    Prime 1.92-acre commercial lot, C-2 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.92-acre commercial land parcel presents a remarkable investment opportunity in Wasco, California. Strategically located on Highway 46, this property boasts a highly desirable C-2 zoning designation, opening doors to a wide array of commercial development possibilities. The lot's size offers ample space for various projects, and its prime location benefits from exceptional visibility and accessibility. Situated near a proposed Walmart and a new retail development center, this land parcel is poised to capitalize on significant growth and increased traffic. The property's location on Highway 46 ensures high traffic volume, with a reported 16,000 AADT (Average Annual Daily Traffic) as per Caltrans 2012 data. The assessed parcel number is 487-150-01. The asking price is $550,000, translating to approximately $286,458 per acre. A feasibility study detailing potential on-site and off-site improvements is available upon request, providing valuable insights for potential developers. This is an unparalleled chance to acquire a prime commercial property in a rapidly developing area. Don't miss this opportunity to secure a piece of Wasco's vibrant commercial future.

    Property Features for 15201 Magnolia Ave

    General Information

    Property type
    Land
    Lot Size
    83,635 SF

    HighLights

    • 1.92‑acre parcel available.
    • C‑2 zoning in Wasco.
    • Assessor's Parcel Number (APN): 487‑150‑01.
    • Excellent Highway 46 frontage.
    • Near proposed Walmart and new retail center.
    • Feasibility study available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wasco
    County
    Kern
    State
    California
    Longitude
    -119.367795
    Latitude
    35.601106

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    FAQs

    What type of property is this?
    Land - Prime 1.92-acre commercial lot, C-2 zoning.
    Where is this land located?
    The property is located at 15201 Magnolia Ave Wasco, CA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: 1.92-acre parcel available.; C-2 zoning in Wasco.; Assessor's Parcel Number (APN): 487-150-01.
    (661) 617-1850
    Request Owner's contact information
    15201 Magnolia Ave Wasco, CA 93280
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    Wasco, CA 93280
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15201 Magnolia Ave Wasco, CA 93280
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