151 Ml St Tehachapi, CA 93561-1332
This exceptional retail property, located at 151 N Mill Street in the vibrant city of Tehachapi, California, presents a unique investment opportunity. Situated on a sizable 0.73-acre lot, this property offers significant potential for a variety of retail businesses. The property's address places it in a high-traffic area, ensuring excellent visibility and accessibility for customers. The building itself offers ample space for a retail operation, though precise square footage is currently unavailable. The asking price for this prime retail location is $1,450,000. This represents a compelling opportunity to establish or expand a retail presence in a thriving community. The substantial lot size provides ample room for expansion, parking, or outdoor display areas, adding further value to this already attractive proposition. Given its location and size, this property is ideally suited for a range of retail ventures, from smaller boutiques to larger retail establishments. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Further details regarding the property's specifics are available upon request. Don't miss this chance to secure a prominent retail location in Tehachapi.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.