Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Kramer Junction Land Opportunity Title is generated by Realmo AI

    0 Highway 395, Kramer Junction, CA 93516

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    80 acres available at rapidly growing Kramer Junction.

    Type:Land
    Lot size:
    80.00 Acres
    Added:
    Oct 18, 2024
    Days on Market:
    594
    Last Refresh:
    May 12 at 11:55 pm

    Property Features for 0 Highway 395

    General Information

    Standard status
    Active
    Lot size
    80.00 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Bob Basen

    Listing agent Bob Basen License #CA

    Listing office Coldwell Banker Commercial Real Estate Solutions

    Listing date Oct 18, 2024

    Source Crexi

    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 Coldwell Banker Commercial Real Estate Solutions

    HighLights

    • 80 acres at the junction of US Highway 395 and California State Highway 58.
    • Part of the 4‑lane expressway connecting major interstates.
    • Three new travel‑related retail projects are priming the area for expansion.
    • Adjacent to US Highway 395.
    • Located just east of a 1000‑acre solar farm.
    • Attracted interest from solar companies.

    Overview

    Available 80 acres are located at Kramer Junction, which lies at the junction of US Highway 395 and the recently completed relocation of California State Highway 58, also known as The Kramer Junction Gap Project. This location is part of the uninterrupted 4-lane expressway that starts at US-101 in San Luis Obispo County near the Pacific Coast, travels east, connects with Interstate 5 in the Central Valley, and ends at its junction with Interstate 15 and Interstate 40 in the city of Barstow, California. The area is experiencing growth, with three new travel-related retail projects, one under construction and two in the entitlement stage. The 80 acres are adjacent to US Highway 395 and located just east of an approximately 1000-acre solar farm. The property has attracted interest from solar companies. Kramer Junction is positioned at the intersection of all points east, west, south, and north.
    Location Intelligence

    Current Use by Public Records

    Alt. Energy / Solar ...

    Map

    City
    Kramer Junction
    County
    Kern
    State
    California
    Longitude
    -117.645
    Latitude
    35.0434

    Nearby Similar for Sale

    • $13,500

      Kramer Junction Land For Sale

      2.5 acre lot in Kramer Junction, California.
      0 Unnamed Dirt Rd, Kramer Junction, CA 93516
      View Details
    • $19,000

      Kramer Junction Land For Sale

      2.5 acre lot in Kramer Junction, California.
      0 Unnamed Dirt Rd, Kramer Junction, CA 93516
      View Details
    • $1,500,000

      80 Acres in Kramer Junction

      Land at the junction of major California highways.
      0 Highway 395, Kramer Junction, CA 93516
      View Details
    • $10,000

      Land Near Kramer Solar Plant

      2.5 acres of land near Pipeline and Kramer Solar Plant.
      0 APN: 0498-131-04-0000, Kramer Junction, CA 93516
      View Details
    • $15,900

      Kramer Junction Land For Sale

      2.04 acre lot near Highway 395 in Kramer Junction.
      0 Farmington Road, Kramer Junction, CA 93516
      View Details
    • $13,950

      Kramer Junction Land Parcel

      2.21 acre land parcel in Kramer Junction, California.
      0492496050000 Sheep Creek Road, Kramer Junction, CA 93516
      View Details
    • $13,950

      Kramer Junction Land For Sale

      Unincorporated San Bernardino County land, approximately 2.21 acres, RC zoning.
      0 0492-496-05-0000 Sheep Creek Road, Kramer Junction, CA 93516
      View Details
    • $34,900

      Land for Recreation and Investment

      Land suitable for recreation and future investment opportunities.
      0 Undefined, Kramer Junction, CA 00000
      View Details
    • $19,900

      Kramer Junction Land For Sale

      2.2 acres near Highways 395 and 58 in Kramer Junction.
      0 Salton Rd. 58 Hwy (Mojave Barstow), Kramer Junction, CA 92342
      View Details
    • $19,500

      Kramer Junction Land For Sale

      1.67 acre lot in Kramer Junction, San Bernardino County.
      0 Mojave Barstow 58 Highway, Kramer Junction, CA 92347
      View Details

    FAQs

    What type of property is this?
    Alt. Energy / Solar Land - 80 acres available at rapidly growing Kramer Junction.
    Where is this alt. energy / solar land located?
    The property is located at 0 Highway 395 Kramer Junction, CA.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: 80 acres at the junction of US Highway 395 and California State Highway 58.; Part of the 4‑lane expressway connecting major interstates.; Three new travel‑related retail projects are priming the area for expansion.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Bob Basen
    Real Estate License ID: CA
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    0 Highway 395, Kramer Junction, CA 93516
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!