Technical
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Property profile

1441 Frazier Mtn Park Rd Lebec, CA 93243

OFF-MARKET
Warehouses
9,000 SF 8.23 ac lot Built 2020
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Property summary

AI-generated overview

This exceptional investment opportunity presents two warehouse buildings totaling 9,000 square feet situated on an expansive 8.23-acre lot in Lebec, California. The property, located at 1441-1443 Frazier Mountain Park Road, boasts a compelling 7.69% cap rate, making it an attractive proposition for income-focused investors. Built in 2007 and 2020, the two single-story structures are currently operating under a gross lease with multiple tenants. The M1 zoning permits a variety of uses, offering significant potential for future development and expansion on the substantial land parcel. The property's address is 1441-1443 Frazier Mountain Park Rd, Lebec, CA 93243, within Kern County. Key features include two units, a total of 9,000 square feet of warehouse space, and the significant acreage providing ample room for growth. This is a rare chance to acquire a well-performing industrial property with considerable upside potential in a desirable location. The asking price is $1,700,000. Further details are available upon request.

Property profile

Verified
Property type Warehouses
Year built 2020
Total area 9,000 SF
Lot 8.23 ac (358,499 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1441 Frazier Mtn Park Rd Lebec, CA 93243
Lebec metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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