1375 Rocking W Dr Bishop, CA 93514
This exceptional 28,525-square-foot retail property, situated on a 2.76-acre lot in Bishop, California, presents a compelling redevelopment or lease-up opportunity. Previously occupied by Rite Aid, the vacant building offers significant potential for a variety of commercial uses. The property boasts 145 parking spaces, providing ample parking for customers and employees, exceeding 4.97 stalls per 1,000 square feet of leasable area. Located at 1375 Rocking W Dr, Bishop, CA 93514, this fee simple ownership (land and building) includes a General Commercial & Retail (C-1) zoning designation, allowing for diverse commercial applications. The strategic location along US Highway 395 (17,000 vehicles per day) ensures high visibility and accessibility. The property benefits from its position within Bishop Plaza, alongside established businesses such as AutoZone and Big 5 Sporting Goods, fostering synergistic traffic flow. Furthermore, its proximity to other national and credit tenants, including Vons, Smart & Final, Grocery Outlet, and Chase, enhances its appeal and draws from a robust consumer base. The 5-mile trade area encompasses a population exceeding 11,000 residents, with an average household income of $93,455, indicating strong market demographics. Built in 1988, this property is offered at $3,000,000, translating to $105.17 per square foot. The APN is 010-301-18-00. This is a rare opportunity to acquire a substantial retail property in a thriving market.
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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
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Property description
Physical attributes from public recordsZoning & alternative use
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.