15201 Magnolia Ave Wasco, CA 93280
- Commercial real estate
- 1.92 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 15201 Magnolia Ave
- Lot size
- 1.92 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.92-acre commercial land parcel presents a remarkable investment opportunity in Wasco, California. Strategically located on Highway 46, this property boasts a highly desirable C-2 zoning designation, opening doors to a wide array of commercial development possibilities. The lot's size offers ample space for various projects, and its prime location benefits from exceptional visibility and accessibility. Situated near a proposed Walmart and a new retail development center, this land parcel is poised to capitalize on significant growth and increased traffic. The property's location on Highway 46 ensures high traffic volume, with a reported 16,000 AADT (Average Annual Daily Traffic) as per Caltrans 2012 data. The assessed parcel number is 487-150-01. The asking price is $550,000, translating to approximately $286,458 per acre. A feasibility study detailing potential on-site and off-site improvements is available upon request, providing valuable insights for potential developers. This is an unparalleled chance to acquire a prime commercial property in a rapidly developing area. Don't miss this opportunity to secure a piece of Wasco's vibrant commercial future.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wasco
- County
- Kern
- State
- California
- Longitude
- -119.367795
- Latitude
- 35.601106
