785 Tucker RdTehachapi, CA 93561

  • Retail properties
  • 12,300 SF
For Lease
$15/SF/YR View listing

Property Details for 785 Tucker Rd

Year built
1994
Construction
WOOD
Lot size
1.11 AC
Property size (Sq ft)
12,300 SF
Property type
Retail properties
Property subtype
Strip malls
APN
223-430-27-00-9
APU
22343027009

Description

This exceptional 1,200 square foot retail space is available for lease within the thriving Red Apple Plaza in Tehachapi, California. Located at the highly trafficked intersection of Tucker Road and W Valley Blvd (approximately 15,050 vehicles per day), this property benefits from excellent visibility and accessibility. The plaza is anchored by a major Albertsons grocery store, ensuring consistent foot traffic and a strong customer base. The property is part of a larger 12,300 square foot strip retail center, boasting a diverse mix of established tenants including Domino's Pizza, The UPS Store, McDonald's, Verizon, Starbucks, and Two Brothers Pizza, creating a synergistic retail environment. This single-story building, constructed in 1994, sits on a 1.11-acre lot and offers ample on-site parking for customers and employees. The property's location within a busy commercial corridor provides easy access to dozens of other national retailers within a half-mile radius, further enhancing its appeal and potential for success. The property's APN is N) 223-430-27-00-9, and it's situated in Kern County. This is a fantastic opportunity for businesses seeking a high-visibility location in a well-established and thriving retail center. The available space presents a unique chance to establish or expand your business in a prime Tehachapi location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,035,198
    6.5%
    $4,647,876
    7%
    $4,315,884
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,894,200
    Geo Method
    $5,894,200
  • Alternative Use

    Use
    Valuation
    Residential
    $3,920,657
    Hospitality
    $3,591,301
    Educational
    $2,987,920
    Medical
    $3,090,679
    Retail
    $4,647,876
785 Tucker Rd, Tehachapi, California

Location Insight

City
Tehachapi
County
Kern
State
California
Latitude
35.125
Longitude
-118.47
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
$17,909
$516,624
$1,049,135
$1,565,759
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