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    FOR SALE
    Office Spaces

    Unknown, Phelan, CA 92371

    1,225 SF 2.1 ac lot Built 1987
    Individually Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US10-1625215
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1987
    Construction WOOD FRAME
    Total area 1,225 SF
    Lot 2.1 ac (91,476 SF)
    APN 3066-321-04-0000
    UPID US10-1625215
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Kenny Kim · 6 yrs held
    Kenny Kim
    since 2019
    3 recorded transactions
    2019
    $210,000
    2019
    2013
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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