For Sale
$1,700,000

1441 Frazier Mtn Park RdLebec, CA 93243

High-yield warehouse investment with development potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents two warehouse buildings totaling 9,000 square feet situated on an expansive 8.23-acre lot in Lebec, California. The property, located at 1441-1443 Frazier Mountain Park Road, boasts a compelling 7.69% cap rate, making it an attractive proposition for income-focused investors. Built in 2007 and 2020, the two single-story structures are currently operating under a gross lease with multiple tenants. The M1 zoning permits a variety of uses, offering significant potential for future development and expansion on the substantial land parcel. The property's address is 1441-1443 Frazier Mountain Park Rd, Lebec, CA 93243, within Kern County. Key features include two units, a total of 9,000 square feet of warehouse space, and the significant acreage providing ample room for growth. This is a rare chance to acquire a well-performing industrial property with considerable upside potential in a desirable location. The asking price is $1,700,000. Further details are available upon request.

Highlights

  • Exceptional investment opportunity: Two warehouse buildings totaling 9,000 square feet on an 8.23-acre lot.
  • 7.69% cap rate.
  • Located at 1441-1443 Frazier Mountain Park Rd, Lebec, CA 93243 (Kern County).
  • Built in 2007 and 2020; currently leased with multiple tenants.
  • M1 zoning allows for diverse uses and future expansion.
  • Asking price: $1,700,000.

Property Details for 1441 Frazier Mtn Park Rd

Property type
Warehouses, Land
Square Feet
9,000 SF
Year Built
2020
Buildings
2
Stories
1
Lot Size (sq. ft)
358,499 SF
Units
2

Location Insight

City
Lebec
County
Kern
State
California
Latitude
34.8184926
Longitude
-118.9069392
1441 Frazier Mtn Park Rd, Lebec, California

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1441 Frazier Mtn Park Rd
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