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    655 Tucker Rd Tehachapi, CA 93561
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    Property profile & analytics

    655 Tucker Rd, Tehachapi, CA 93561

    View on Map
    • Strip malls
    • 11,245 SF
    • 1.07 lot acres
    For Lease
    $1,800,000
    View Listing →
    Retail Center on Tucker Road For Lease
    $1,800,000
    39,258 SF

    Retail Center on Tucker Road

    Shopping center with national tenants along a primary retail corridor.

    655 Tucker Rd, Tehachapi, CA 93561
    View Listing
    Property ID
    US09-3205493
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Subway / Take-out & Catering / Catering Service
    • Auto spare parts accessories / Auto Repair Shop / Vehicle Inspection Center
    • Home Consignment Gallerie / Interior Design / Home Decor Store

    Property Details for 655 Tucker Rd

    Year built
    2008
    Construction
    WOOD
    Lot size
    1.07 lot acres
    Zone code
    C
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    223-620-01-00-8
    APU
    22362001008

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 27, 2016 $8,500,000 Tehachapi Tucker Road LLC Tehachapi Orchard LLC Grant Deed —
    — — Tehachapi Orchard LLC — Deed Of Trust · related $950k · Far East National Bank
    — — Tehachapi Orchard LLC — Deed Of Trust · related $3.7M · Far East National Bank
    — — Tehachapi Orchard LLC — Deed Of Trust · related $4.8M · Far East National Bank
    Nov 30, 1963 — — — Grant Deed · related —

    Description

    The Orchard Shopping Center in Tehachapi, CA, offers 39,258 square feet of retail space in a thriving strip center location. Six units are currently available, ranging from 1,170 to 8,655 contiguous square feet, with a total of 12,165 square feet currently vacant. This well-established center boasts a strong anchor tenant lineup including Big 5 Sporting Goods, Family Dollar, Union Bank, and First American Title, ensuring high foot traffic and visibility. Situated on Tucker Road, the center benefits from excellent exposure and convenient access along Tehachapi's primary retail corridor. The property presents a unique opportunity for businesses seeking high-traffic locations in a growing community. The flexible space options cater to a variety of retail needs, making it an ideal investment for both established businesses and new ventures. With its strategic location and established tenant base, The Orchard Shopping Center offers a compelling investment opportunity in a dynamic market. The minimum divisible space is 1,170 square feet, providing options for smaller businesses, while larger spaces of up to 8,655 contiguous square feet are available for expansion or multi-unit occupancy. This prime retail location in Tehachapi, CA (zip code 93561) offers exceptional visibility and accessibility, making it an attractive proposition for businesses seeking to establish or expand their presence in this vibrant community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,070,000
      6.5%
      $1,915,000
      7%
      $1,775,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Tehachapi
    County
    Kern
    State
    California
    Longitude
    -118.469
    Latitude
    35.1275
    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
    $24,135
    $185,000
    $1,925,000
    $2,110,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,575,000
      23,008 SF

      815 Tucker Rd

      SHOPPING CENTER, STRIP CENTER
      815 Tucker Rd, Tehachapi, CA 93561-2513
      View Details
    • Value Estimation
      $1,515,000
      12,300 SF

      785 Tucker Rd

      SHOPPING CENTER, STRIP CENTER
      785 Tucker Rd, Tehachapi, CA 93561-2523
      View Details
    • Value Estimation
      $1,785,000
      11,245 SF

      Tucker Rd

      SHOPPING CENTER, STRIP CENTER
      Tucker Rd, Tehachapi, CA 93561
      View Details
    • Value Estimation
      $2,745,000
      22,203 SF

      20601 Vly Blvd

      SHOPPING CENTER, STRIP CENTER
      20601 Vly Blvd, Tehachapi, CA 93561-8890
      View Details
    • Value Estimation
      $1,900,000
      13,280 SF

      1121 Vly Blvd

      SHOPPING CENTER, STRIP CENTER
      1121 Vly Blvd, Tehachapi, CA 93561-2171
      View Details
    • Value Estimation
      $1,255,000
      13,070 SF

      840 Tucker Rd

      SHOPPING CENTER, STRIP CENTER
      840 Tucker Rd, Tehachapi, CA 93561-2564
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      39,258 SF

      Retail Center Anchored by National Tenants

      A largely occupied Tehachapi retail center anchored by Big 5 Sporting Goods and Goodwill.
      655-695 Tucker Rd, Tehachapi, CA 93561
      View Details
    • $585,000
      1,350 SF

      Tehachapi Commercial Property For Sale

      M1 zoned property in expanding industrial zone, Tehachapi, CA
      100 N Dennison Rd, Tehachapi, CA 93561
      View Details
    • Contact for pricing
      5,686 SF

      Tehachapi Retail Investment Opportunity

      Retail property with a 6.00% cap rate and NNN lease.
      224 W F St, Tehachapi, CA 93561
      View Details
    • $125,000

      Downtown Tehachapi Storefront Opportunity

      Downtown storefront with reposition potential in walkable location.
      311 S Curry St, Tehachapi, CA 93561
      View Details
    • $119,500
      95,396.00 Acres

      Bear Valley Springs Land Opportunity

      2.19 acre lot in Bear Valley Springs gated community.
      Butterfield Way, Bear Valley Springs, CA 93561
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    Similar Nearby for Lease

    • Contact for pricing

      Retail Center on Tucker Road

      Shopping center with national tenants along a primary retail corridor.
      655 Tucker Rd, Tehachapi, CA 93561
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Red Apple Plaza

      Retail spaces available in high-traffic Tehachapi shopping center.
      785 Tucker Rd, Tehachapi, CA 93561
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space For Lease

      In-line retail space available for lease.
      775-785 Tucker Rd, Tehachapi, CA 93561
      View Details
    • Contact for pricing

      Former Kmart on High-Traffic Boulevard

      Large retail space with redevelopment potential in Tehachapi, California.
      710 W Tehachapi Blvd, Tehachapi, CA 93561
      View Details
    • Contact for pricing
      5,130 SF

      Drive-Thru Restaurant Space Available

      New drive-thru restaurant space in a mixed-use development.
      860 Magellan Dr, Tehachapi, CA 93561
      View Details
    View Listing
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    Tehachapi, CA 93561
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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.

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