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Property profile

0 Oglett Tree Ln California City, CA 93505

OFF-MARKET
Land
2.76 ac lot
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Property summary

AI-generated overview

This exceptional 2.76-acre parcel of industrial land presents a unique investment opportunity in California City, CA. Located on Oglett Tree Ln, with APN 309-260-03-00, this vacant lot offers significant potential for various commercial ventures. The property boasts readily available water access, a considerable advantage for many business operations. Crucially, the zoning regulations permit the establishment of medical cannabis businesses and related activities, opening doors to a specialized and potentially lucrative market. The asking price is $94,500, representing a compelling value for this sizable land holding in a rapidly developing area. The property's location in Kern County, California, provides access to key transportation routes and infrastructure, further enhancing its appeal to prospective buyers. This is an ideal opportunity for entrepreneurs seeking to capitalize on the burgeoning cannabis industry or those looking for a strategic land acquisition in a growth area. The property's size and zoning make it suitable for a range of industrial uses, offering flexibility and potential for future development. Serious inquiries are encouraged to explore this promising investment prospect. Detailed zoning information and site plans are available upon request. Don't miss this chance to secure a prime piece of California real estate.

Property profile

Verified
Property type Land
Lot 2.76 ac (120,226 SF)

Cap rate & NOI

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

Location

Oglett Tree Ln California City, CA 93505
California City 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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