Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Pinon St Tehachapi, CA 93561

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Pinon St Tehachapi, CA 93561

    View on Map
    • Land
    • 44.83 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Pinon St

    Lot size
    44.83 lot acres
    Property type
    Land

    Description

    This exceptional 44.83-acre parcel presents a unique opportunity for residential development in Tehachapi, California. Located on Pinon Street, 93561, within Kern County, this property boasts a desirable T-4 zoning designation, permitting a variety of residential uses, including multi-family dwellings. The land is ideally situated adjacent to existing housing tracts, offering seamless integration into the established community. The asking price is $1,575,000, translating to $31,229 per acre. The property's APN is 417-011-04&05. Conveniently located, water and sewer lines are readily accessible on the north side of Pinon Street, at the existing housing development. Further enhancing its appeal, an adjacent property is currently undergoing the process of obtaining a residential tract map from the City for a planned residential development, suggesting strong potential for future growth and development in the immediate vicinity. This prime location and zoning make this a highly attractive investment for residential developers seeking a substantial landholding in a thriving community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tehachapi
    County
    Kern
    State
    California
    Longitude
    -118.46
    Latitude
    35.1169

    Comparable in this City

    • Value Estimation by Request
      9.00 Acres

      Applewood Dr

      Multifamily properties • 9.00 Acres
      0 Applewood Dr, Tehachapi, CA 93561
      View Details
    • Value Estimation by Request
      9.75 Acres

      El Rancho Dr

      Land • 9.75 Acres
      0 El Rancho Dr, Tehachapi, CA 93561
      View Details
    • Value Estimation by Request

      Challenger / Athens

      Manufacturing properties
      0 Challenger / Athens, Tehachapi, CA 93561
      View Details
    • Value Estimation by Request
      8.85 Acres

      30300 Drake Ct

      Land • 8.85 Acres
      30300 Drake Ct, Tehachapi, CA 93561
      View Details
    • Value Estimation by Request
      4.06 Acres

      Herbert Way

      Land • 4.06 Acres
      0 Herbert Way, Tehachapi, CA 93561
      View Details
    • Value Estimation by Request
      1.92 Acres

      Elm St

      Land • 1.92 Acres
      0 Elm St, Tehachapi, CA 93561
      View Details

    Similar Nearby for Sale

    • $39,000
      10.00 Acres

      Ten Acre Ranch Land

      Ten acre parcel for off-grid ranch in Old West Ranch.
      E Gate Rd, Tehachapi, CA 93561
      View Details
    • $39,900
      21.01 Acres

      Tehachapi Land with View

      21-acre view lot suitable for ranch or cabin.
      Tanganda Ct, Tehachapi, CA 93561
      View Details
    • Contact for pricing

      Land Parcel on Corner Lot

      Corner lot land parcel available for sale in Tehachapi, CA.
      17001 Interlaken St, Tehachapi, CA 93561
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Freeway Visible Commercial Land

      One acre commercial land for lease with freeway visibility.
      862 Magellan Dr, Tehachapi, CA 93561
      View Details
    • Contact for pricing

      Restaurant with Drive-Thru and Patio

      2,000 SF restaurant with drive-thru and patio available for lease.
      Magellan Dr, Tehachapi, CA 93561
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space For Lease

      In-line retail space available for lease.
      775-785 Tucker Rd, Tehachapi, CA 93561
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Red Apple Plaza

      Retail spaces available in high-traffic Tehachapi shopping center.
      785 Tucker Rd, Tehachapi, CA 93561
      View Details
    • $1,800 /Mo
      1,800 SF

      Retail Space in High-Traffic Location

      Vacant retail space with open layout and high visibility.
      1001 W Tehachapi Blvd, Tehachapi, CA 93561
      View Details
    • $4,100 /Mo
      4,100 SF

      Move-In Ready Office Space

      Turnkey office space with kitchen area in Tehachapi, California.
      1001 W Tehachapi Blvd, Tehachapi, CA 93561
      View Details
    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.
    Pinon St
    Tehachapi, CA 93561
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!