4400 Lake Isabella BlvdLake Isabella, CA 93240

  • Residential income properties
  • 2,419 SF
For Sale
$98,500 View listing

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
4400 Lake Isabella Blvd, Lake Isabella, California

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,343
$49,213
$109,363
$158,576
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