4400 Lake Isabella BlvdLake Isabella, CA 93240

Property Details for 4400 Lake Isabella Blvd

Year built

1954

Construction

WOOD

Lot size

0.67 AC

Property size (Sq ft)

2,419 SF

Zone code

C2

Property type

Mobile home & RV parks

APN

263-322-01-00-7

APU

26332201007

Description

This exceptional 27,442 square foot commercial land parcel in Lake Isabella, CA (APN 263-3222-02-00-0), presents a unique investment opportunity. Located at 4400 Lake Isabella Blvd, 93240, this property boasts a C1 zoning designation, offering versatility for a range of commercial projects. Envision a hotel, RV park, or warehouse – the possibilities are vast. The land is serviced by readily available electricity, water, and septic systems. A pre-existing septic system is already in place, suitable for immediate use with a mobile home. The $98,500 asking price translates to an attractive $4 per square foot land value. Enjoy stunning mountain views and a highly visible location on Lake Isabella Boulevard, a main thoroughfare. This property is zoned for commercial use and offers significant potential for future growth and return on investment. The lot size provides ample space for development, and the existing infrastructure reduces initial setup costs. Don't miss this chance to acquire a strategically located commercial property in a growing area. This is a rare opportunity to capitalize on the potential of this prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $836,220

  6.5%

  $771,895

  7%

  $716,760

• Comparable approach

  Method

  Valuation

  Relative Method

  $712,995

  Geo Method

  $712,995

• Alternative Use

  Use

  Valuation

  Residential

  $771,895

  Hospitality

  $707,052

  Educational

  $588,259

  Medical

  $608,490

  Retail

  $915,069

Location Insight

City

Lake Isabella

County

Kern

State

California

Latitude

35.6028

Longitude

-118.485

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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