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$ 1,275,000
Est. payment | /mo
2.21 Acres Lot
$ 1,275,000
Est. payment | /mo
2.21 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202610065
Year Built 1946
Lot Size 2.210 Acres
Acres 2.21
Property Sub-Type Commercial
Property Description
Incredible Commercial Investment & Redevelopment OpportunityUnlock the potential of this exceptional 2+ acre commercially utilized property, strategically positioned adjacent to several established medical buildings and within a growing medical corridor.The property currently provides immediate cash flow through a triple-net (NNN) lease generating $7,000 per month, representing an attractive 6.5% capitalization rate. Investors can benefit from existing income while positioning the property for significant long-term upside.With its substantial acreage and strategic location, the property presents an exciting opportunity to explore future rezoning for high-density residential or medical use, subject to applicable approvals and entitlements. The combination of in-place income, prime positioning, and redevelopment potential creates a compelling investment profile.
Location
State CA
County Kern
Area 62
Zoning R-S-2.5A
Listed by Gary B Carruesco II • Brimhall Realty
Nearby Locations
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