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    Property profile & analytics

    5302 Wasco Way Buttonwillow, CA 93206

    • Commercial real estate
    • 7.14 lot acres
    For Sale
    View listing
    $450,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-0493662
    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

    • Commercial real estate

    Property Details for 5302 Wasco Way

    Lot size
    7.14 lot acres
    Property type
    Commercial real estate
    APN
    159-090-10

    Description

    This exceptional 7.14-acre property in Buttonwillow, California, presents a unique opportunity. Located at 5302 Wasco Way, Kern County, CA 93206 (APN 159-090-10), this land is zoned A (Exclusive Agricultural). The asking price is $450,000, translating to $63,025 per acre. The property includes a 2,200 square foot mobile home featuring three bedrooms and two bathrooms. While the land isn't currently farmed, it has agricultural history. The property is served by the Buena Vista Water Storage District. Nearby land uses are diverse, encompassing farming, beekeeping, mitigation projects, open space, recreational activities, oil and gas operations, storage facilities, and solar energy installations. This versatile property offers potential for various uses, from rural living and farming to recreational pursuits and alternative energy development. The property's location provides a blend of tranquility and accessibility.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Buttonwillow
    County
    Kern
    State
    California
    Longitude
    -119.446092
    Latitude
    35.347212

    Comparable in this City

    • $1,999,999

      I-5 Buttonwillow Agricultural Land

      Prime I-5 location, 37 acres, development potential.
      0 Interstate 5, Buttonwillow, CA 93206
      View Details
    • $470,000
      156.00 Acres

      Buttonwillow Ranch: 156 Acres

      Prime agricultural & recreational land.
      0 Stockdale Hwy, Buttonwillow, CA 93206
      View Details
    • Contact for pricing
      939.43 Acres

      Prime Kern County Farmland

      939 Acres Irrigated Farmland in Buttonwillow
      0 Highway 58, Buttonwillow, CA 93206
      View Details
    • $1,930,600
      96.53 Acres

      I-5 & Hageman Road Land

      Prime Kern County acreage, ideal for industrial/ag.
      0 Hageman Rd, Buttonwillow, CA 93206
      View Details
    • $99,000
      2.50 Acres

      Buttonwillow Commercial Land - $99K

      2.5 Acres, Prime Commercial Location
      2500 Lokern Rd, Buttonwillow, CA 93206
      View Details
    • Contact for pricing
      2.50 Acres

      2.5 Acres of California Land

      2.5 acres in Kern County, near irrigated farmland.
      Buttonwillow, CA 93206
      View Details

    Similar Nearby for Sale

    • $470,000
      156.00 Acres

      Buttonwillow Ranch: 156 Acres

      Prime agricultural & recreational land.
      0 Stockdale Hwy, Buttonwillow, CA 93206
      View Details
    • $1,930,600
      96.53 Acres

      I-5 & Hageman Road Land

      Prime Kern County acreage, ideal for industrial/ag.
      0 Hageman Rd, Buttonwillow, CA 93206
      View Details
    • $1,999,999

      I-5 Buttonwillow Agricultural Land

      Prime I-5 location, 37 acres, development potential.
      0 Interstate 5, Buttonwillow, CA 93206
      View Details
    • Contact for pricing
      939.43 Acres

      Prime Kern County Farmland

      939 Acres Irrigated Farmland in Buttonwillow
      0 Highway 58, Buttonwillow, CA 93206
      View Details
    • Contact for pricing
      2.50 Acres

      2.5 Acres of California Land

      2.5 acres in Kern County, near irrigated farmland.
      Buttonwillow, CA 93206
      View Details
    • $99,000
      2.50 Acres

      Buttonwillow Commercial Land - $99K

      2.5 Acres, Prime Commercial Location
      2500 Lokern Rd, Buttonwillow, CA 93206
      View Details
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    5302 Wasco Way
    Buttonwillow, CA 93206
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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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