Unknown, Phelan, CA 92371
For Sale
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This 1,200 square foot office building, situated on a spacious 1.82-acre lot at 9035 Sheep Creek Road in Phelan, CA, presents a compelling investment opportunity. The property, currently utilized as a real estate office since 1987, boasts a General Commercial zoning designation, allowing for diverse uses including retail. The building's infrastructure includes natural gas hookup, providing cost-effective utility access. The substantial lot size offers significant expansion potential or ample parking. This versatile property is ideally suited for a variety of commercial ventures, benefiting from its established history and flexible zoning. The seller is open to financing options, potentially carrying a note with a substantial down payment, making this an attractive proposition for qualified buyers. The property's location in Phelan, CA offers access to a growing community and presents a strong foundation for future growth and profitability. Serious inquiries are encouraged to explore this unique opportunity further. The property is priced at $749,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.