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    10000 Elmo Hwy Wasco, CA 93280

    Sponsored
    For Sale
    $119,000

    2.5 Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.5-acre commercial lot in Elmo, CA, presents a unique development opportunity. Located off Elmo Highway, this property boasts significant freeway visibility from both northbound and southbound lanes, ensuring high exposure for any commercial venture. The lot measures approximately 165 feet wide by 660.31 feet deep, providing ample space for various development plans. Utilities are conveniently located nearby, with a power pole situated at the eastern property line. The property is adjacent to a county ponding basin with sufficient capacity. This parcel is zoned commercial, allowing for flexible use. The site is described as "shovel ready," suggesting it's fully improved and prepared for immediate development. A significant advantage is the option to purchase an adjacent, similarly sized (approximately 2.5-acre) parcel, expanding development potential considerably. This location offers easy freeway access and is surrounded by numerous amenities. The property enjoys a private setting while remaining minutes from Kern Lake. Seller-carry financing is available with a 10% down payment. The Assessor's Parcel Number (APN) is 059-031-20-00-2. The asking price for this exceptional opportunity is $119,000.

    Property Features for 10000 Elmo Hwy

    General Information

    Property type
    Land
    Lot Size
    108,900 SF

    HighLights

    • ±2.5‑acre commercial development lot in Elmo, CA.
    • Fully improved and shovel‑ready parcel.
    • Option to purchase adjacent ±2.5‑acre parcel.
    • 165' wide x 660.31' deep lot with easy access.
    • Quick freeway access and numerous nearby amenities.
    • Commercially zoned with flexible use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wasco
    County
    Kern
    State
    California
    Longitude
    -119.4194783
    Latitude
    35.6886209

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    FAQs

    What type of property is this?
    Land - 2.5 Acres, Prime Commercial Location
    Where is this land located?
    The property is located at 10000 Elmo Hwy Wasco, CA.
    What is the asking price?
    The asking price for this property is $119,000.
    What are key features of this property?
    This property features: ±2.5-acre commercial development lot in Elmo, CA.; Fully improved and shovel-ready parcel.; Option to purchase adjacent ±2.5-acre parcel.
    (559) 705-1000
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    10000 Elmo Hwy 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
    10000 Elmo Hwy Wasco, CA 93280
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