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

    2320 Belshaw St Mojave, CA 93501-1615

    • Turn key restaurants
    • 1,358 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimations
    $300,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-1909037
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 2320 Belshaw St

    Year built
    1920
    Construction
    WOOD
    Lot size
    0.17 lot acres
    Property size
    1,358 SF
    Zone code
    C2
    Property type
    Turn key restaurants
    APN
    236-171-02-00-2
    APU
    23617102002

    Description

    This exceptional 1,358-square-foot retail building is situated on a 0.17-acre lot in the heart of downtown Mojave, California. Its highly visible location directly off the heavily traveled Highway 14 freeway ensures significant exposure to a large volume of daily traffic. The property boasts a rich history, having served for over a decade as the town's most renowned restaurant. Currently zoned C2, this versatile building offers a multitude of potential uses beyond its previous function. The existing layout includes a spacious dining area, a convenient drive-thru window, attractive deli/pastry display cases, a fully equipped kitchen, and a public restroom. These features make it ideally suited for a variety of food service or retail businesses. The building's strong historical significance adds unique character and appeal. This is a rare opportunity to acquire a piece of Mojave's heritage and establish a thriving business in a prime, high-traffic location. The asking price is $299,995. This owner-occupied opportunity is not to be missed. The property's strategic location and versatile layout present a compelling investment prospect for discerning buyers seeking a well-established commercial space in a growing community. The building's history and existing infrastructure provide a solid foundation for a successful venture.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $300,000

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $420,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $470,000
      Change: +11% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Mojave
    County
    Kern
    State
    California
    Longitude
    -118.174
    Latitude
    35.0549
    CBSA code
    12540
    CBSA name
    BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,524
    $36,604
    $89,631
    $126,235
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $325,000
      4,050 SF

      16870 State Hwy 14

      RESTAURANT • 4,050 SF
      16870 State Hwy 14, Mojave, CA 93501-1200
      View Details
    • Value Estimation
      $410,000
      4,470 SF

      16262 Hwy 14

      RESTAURANT • 4,470 SF
      16262 Hwy 14, Mojave, CA 93501
      View Details
    • Value Estimation
      $325,000
      3,705 SF

      15834 Sierra Hwy

      RESTAURANT • 3,705 SF
      15834 Sierra Hwy, Mojave, CA 93501-1514
      View Details
    • Value Estimation
      $4,835,000
      3,000 SF

      15652 Sierra Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,000 SF
      15652 Sierra Hwy, Mojave, CA 93501-1510
      View Details
    • Value Estimation
      $450,000
      4,073 SF

      15900 Sierra Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,073 SF
      15900 Sierra Hwy, Mojave, CA 93501-1516
      View Details
    • Value Estimation
      $280,000
      1,815 SF

      16246 Sierra Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,815 SF
      16246 Sierra Hwy, Mojave, CA 93501-1522
      View Details

    Similar Nearby for Sale

    • $3,496,000
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      Two-Tenant Retail Asset in Mojave

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    • $1,295,000
      1,710,601.20 Acres

      Commercially Zoned Land in Rosamond

      Commercially zoned land suitable for various highway-oriented businesses.
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    • $3,500,000
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      Mojave Retail Center - High Traffic

      High-potential retail space near Mojave Airport.
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    • $2,725,000

      Prime Commercial Property Near Airport

      High-traffic commercial property near Mojave Airport with excellent investment potential.
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    • $3,500,000
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      Mojave Retail Center - High Traffic

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      Prime Commercial Property Near Airport

      High-traffic commercial property near Mojave Airport with excellent investment potential.
      16940 State Highway 14, Mojave, CA 93501
      View Details
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    2320 Belshaw St
    Mojave, CA 93501-1615
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    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
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