10000 Elmo Hwy Wasco, CA 93280
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.