Mojave, CA 93501,16940 State Highway 14
Mojave, CA 93501,16940 State Highway 14
Mojave, CA 93501,16940 State Highway 14
Mojave, CA 93501,16940 State Highway 14
Mojave, CA 93501,16940 State Highway 14
Mojave, CA 93501,16940 State Highway 14
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$2,000,000

$2,199,000

9.0%
Est.Price: ?

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Est. payment /mo

0.69 Acres Lot


SOLD DATE : 09/26/2022

Key Details

Sold Price $2,000,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID DW21203415

Sold Date 09/26/22

HOA Y/N No

Year Built 1990

Lot Size 0.685 Acres

Property Description

8.24% CAP Rate - Huge opportunity to buy this cash flow property in the booming city of Mojave, California. Calculated with a 5% vacancy factor. CAM dues on property. The net operating income is calculated at: $181,148.63 per year. Yearly gross scheduled income is about: $208,401.36. All Tenant information is private and will be given when an NDA is signed. There is a Tesla charging station in the parking lot. Great and strong looking structure. As you can see this is a great investment opportunity and a great location overall. Property looks in good working condition and seller is ready to sell to move on. Let's put a deal together.

Location

State CA

County Kern

Area Mojv - Mojave

Interior

Fireplace No

Laundry None

Building

Lot Description Item01UnitAcre

Story 1

Water Public

Others

Tax ID 23606025000

Financing SellerFinancing

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Fernando Spindola • Platinum Real Estate • 323-456-6110
Bought with Paul Baccino • JohnHart Real Estate

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