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Property profile & analytics
OFF-MARKET
Land

0 Hwy 46 & Magnolia Ave Wasco, CA 93280

1.92 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.92-acre commercial land parcel presents a unique investment opportunity in Wasco, California. Strategically located at the intersection of Highway 46 and Magnolia Avenue, this property boasts a highly desirable C-2 zoning designation, opening doors to a wide range of commercial development possibilities. The asking price is $550,000, translating to $286,458 per acre, reflecting the significant value of this prime location. The property's APN is 487-150-01. Its prime location offers excellent visibility and accessibility, benefiting from a high traffic count of 16,000 AADT (Caltrans 2012 data). This location is further enhanced by its proximity to a proposed Walmart and a new retail development center, promising significant future growth and increased property value. A feasibility study detailing potential on-site and off-site improvements is available upon request, providing valuable insights for potential developers. This property is situated in Kern County, California, with a Wasco zip code of 93280. The coordinates are 35.5668541 latitude and -119.3672882 longitude. Don't miss this chance to acquire a highly sought-after commercial land parcel in a rapidly developing area.

Property profile
Verified
Property type Land
Lot 1.92 ac (83,635 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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