4400 Lake Isabella BlvdLake Isabella, CA 93240
- Residential income properties
- 2,419 SF
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
- Residential income properties
- Property subtype
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
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