860 Magellan Dr Tehachapi, CA 93561
Property Lookup
Property profile & analytics
860 Magellan Dr Tehachapi, CA 93561
- Commercial land
- 0.46 lot acres
Property ID
US09-4854365
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.
Location Intelligence
Current Use by Public Records
- Commercial land
Property Details for 860 Magellan Dr
- Construction
- WOOD FRAME
- Lot size
- 0.46 lot acres
- Zone code
- C-3
- Property type
- Commercial land
- APN
- 223-570-07-00-2
- APU
- 22357007002
Description
This exceptional investment opportunity presents a fully approved, nearly one-acre site in Tehachapi, CA (93561), at 860 Magellan Dr, featuring a combined gas station, market, and drive-thru restaurant. The 5,130 square foot property boasts a prime location on a limited-access freeway exit connecting Las Vegas and the Central Valley, ensuring high visibility and significant daily traffic exceeding 45,000 vehicles. The site is already approved for construction, with permits paid in full, allowing for immediate commencement. Fuel and branding agreements are secured with Chevron, 76, and Circle K, or the buyer may choose their preferred brands. The restaurant component includes a 2,000 square foot building with a 10-car stacking drive-thru lane and a spacious 1,086 square foot patio. A 3,130 square foot market will offer beer and wine sales. The property benefits from excellent exposure, situated across from two hotels (with a third planned), a Starbucks, and a Denny's. Ten parking spaces are available. The asking price is $2,400,000. This rapidly developing area shows significant growth, with over 9% population and housing growth in the last decade and an average household income exceeding $86,000 within a two-mile radius. This turnkey operation offers immediate returns and significant long-term potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $770,000
- ML approach
- $785,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tehachapi
- County
- Kern
- State
- California
- Longitude
- -118.449
- Latitude
- 35.1433
- 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
$4,229
$369,750
$0.00
$369,750
-
$0.00
$0.00
$0.00
