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    8-9 Sycamore Rd & Tejon Hwy Arvin, CA 93203

    Sponsored
    For Sale
    Contact for pricing

    Two 5.43-acre lots, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional offering presents two prime residential land parcels, each spanning 5.43 acres, located at Lots 8-9 Sycamore Rd & Tejon Hwy in Arvin, CA, 93203. These R-2 zoned lots are available for individual purchase or as a combined package, providing flexibility for various development scenarios. Each lot is priced at $600,000. The parcels are designated for mixed-use development, presenting significant opportunities for investors and builders. A parcel map is anticipated to be recorded in the first quarter of 2024. Situated in a growing community, this property offers excellent potential for long-term appreciation. The precise location is 35.19457693798034 latitude and -118.82253196766827 longitude. This is a rare opportunity to acquire substantial land in a developing area of California. The zoning allows for a variety of residential uses, making it an attractive investment for both individual and group buyers. Don't miss this chance to secure your piece of Arvin's future.

    Property Features for 8-9 Sycamore Rd & Tejon Hwy

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Arvin
    County
    Kern
    State
    California
    Longitude
    -118.82253196767
    Latitude
    35.19457693798

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    FAQs

    What type of property is this?
    Land - Two 5.43-acre lots, ideal for development.
    Where is this land located?
    The property is located at 8-9 Sycamore Rd & Tejon Hwy Arvin, CA.
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    8-9 Sycamore Rd & Tejon Hwy Arvin, CA 93203
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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
    8-9 Sycamore Rd & Tejon Hwy Arvin, CA 93203
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