For Sale
$775,000

3335-3351 75Th StRosamond, CA 93560

Rosamond, CA Manufacturing Investment

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents two industrial buildings totaling 9,000 square feet on a 2.54-acre lot in Rosamond, California. Ideally situated adjacent to the renowned Willow Springs International Raceway, the property boasts a prime location with significant upside potential. Each of the two buildings, constructed in 1991, offers approximately 4,500 square feet of shop-style space, currently 100% occupied by long-term tenants on month-to-month leases. The property generates a current net operating income (NOI) of $90,000, representing a pro-forma cap rate of 11.61%. However, the current monthly income of $3,375 is significantly below market value, presenting a substantial opportunity for increased revenue through lease renegotiations or attracting new tenants. The property is zoned Commercial/Industrial M2 and features a septic tank, separate electric meters for each building, and no gas service. The asking price is $775,000, or $387,500 per unit, and the price per square foot is $86.11. The property's APN is 252-141-09-00-2. Buyers are responsible for verifying all aspects of the property during their due diligence. This is an owner-user or investment opportunity with significant potential for growth.

Highlights

  • Two 4,500 SF industrial buildings on a 2.54-acre lot in Rosamond, CA.
  • Located adjacent to Willow Springs International Raceway.
  • Currently 100% occupied by long-term tenants on month-to-month leases, generating $90,000 annual NOI (11.61% cap rate).
  • Zoned Commercial/Industrial M2 with septic, separate electric meters, and no gas service.
  • Asking price: $775,000 ($86.11/SF, $387,500 per unit). APN: 252-141-09-00-2.

Property Details for 3335-3351 75Th St

Property type
Industrial properties, Manufacturing properties
Square Feet
9,000 SF
Year Built
1991
Buildings
2
Lot Size (sq. ft)
110,642 SF
Units
2

Location Insight

City
Rosamond
County
Kern
State
California
Latitude
34.8686318
Longitude
-118.2650848
3335-3351 75Th St, Rosamond, California

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3335-3351 75Th St
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