Property profile

0 Herbert Way Tehachapi, CA 93561

OFF-MARKET
Land
4.06 ac lot
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Property summary

AI-generated overview

This exceptional 4.06-acre residential lot in Tehachapi, California, presents a unique opportunity to build a custom estate. Located at the end of a cul-de-sac on Herbert Way (APN 28617108005), this property offers unparalleled peace and quiet, boasting clean air and a tranquil setting. Zoned for residential use, it's ideally suited for horse enthusiasts, allowing for one horse per quarter-acre. The land is priced at $89,995, translating to $5 per square foot. Buyers should be aware that the property requires the installation of a septic tank, water well, and propane tank. The seller is willing to finance with a new note and first trust deed, requiring a 30% down payment. Prospective buyers are responsible for verifying all aspects of the property, including but not limited to size, zoning, topography, land use, utility availability, and assessments. This is a remarkable chance to create your idyllic country retreat in a desirable location with a convenient zip code of 93561. The property's latitude and longitude coordinates are 35.0906734 and -118.4014153 respectively.

Property profile

Verified
Property type Land
Lot 4.06 ac (176,854 SF)

Cap rate & NOI

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

Location

Herbert Way Tehachapi, CA 93561
Tehachapi 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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