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9517 Weedpatch Hwy 1,620 SF Retail Building Lamont, CA 93241 $579,000 ($357.41/SF) 11.14% Cap Rate
INVESTMENT HIGHLIGHTS
- High traffic for great visibility
- Many recent upgrades
- Corner lot
EXECUTIVE SUMMARY
Do you need two commercial buildings with C-2 zoning? If you do, then this is the one! Come take a look before it's gone! C-2 zoning offers over 100 permitted uses. It is currently being used for a car wash and as an audio shop. It is currently generating $3,775.00 and there are two more spaces available that could potentially rent for $475.00 and $875.00. Total potential rent is estimated to be $5,125.00! Need a tire shop, mechanic shop, Feed shop, or Tobacco shop? The property has been well maintained and the owner had done many upgrades and updates: new roof, cinder block wall, metal gate, among many other improvements. It's a corner lot with plenty of parking and high traffic for visibility. The daily traffic count in 2024 was 15,716 so your business or your tenants business will have plenty of exposure. TOTAL SQUARE FOOTAGE: 1,620.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$61,500
|
$37.96
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$61,500
|
$37.96
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $61,500 |
| Annual Per SF | $37.96 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $61,500 |
| Annual Per SF | $37.96 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,620 SF
Building Class
C
Year Built
1954
Price
$579,000
Price Per SF
$357.41
Cap Rate
11.14%
NOI
$64,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.18 AC
Opportunity Zone
Yes
Zoning
C2 - Per assessor site: Use Code 2200 - SERVICE/REPAIR SHOPS. It is C-2 zoning.
Parking
4 Spaces (2.47 Spaces per 1,000 SF Leased)
Frontage
47’ on Main St
AMENITIES
- 24 Hour Access
PROPERTY TAXES
| Parcel Number | 178-320-47-00-6 | Improvements Assessment | $67,473 (2025) |
| Land Assessment | $18,936 (2025) | Total Assessment | $86,409 (2025) |
PROPERTY TAXES
Parcel Number
178-320-47-00-6
Land Assessment
$18,936 (2025)
Improvements Assessment
$67,473 (2025)
Total Assessment
$86,409 (2025)
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Presented by
Sierra Central Real Estate
9517 Weedpatch Hwy
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