For Sale
For Sale
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Overview
Tehachapi is booming. Redevelopment is happening all around subject property. KMART is to the immediate East of this property. Wal-Mart will be coming in to the adjacent property 500 yards to the West of the subject property. Huge potential for property value appreciation with subdivision and land use development. City encourages development & City Planning has expressed great interest in allowing zoning changes and retail, mixed use or MUCH needed office & hotel development on this site. There appears to be a need for just about every type of Retail and Service business. Area is heavily under redevelopment. The submarket of Tehachapi has started experiencing immense and rapid growth in residential and commercial demand from expanding, neighboring markets. Subject property is at the South west corner of Tehachapi and Mountain View. Walking distance to Historical Downtown of Tehachapi and near Home Depot and major Tucker Road (major cross street that connects to Hwy 58). Subject property is located in a central area of Tehachapi considered to be the most desirable area of the city. Fantastic C3 land next to big box retail, hotel chains and upcoming WalMart Seller will sell off subdivided sections or altogether as a whole. All offers will be taken into serious and careful consideration. Ownership is open to joint venture deal structures whereby the equity in the property may be used to cross collateralize a down payment on a commercial loan for a development project.
Property Details
Tehachapi is booming. Redevelopment is happening all around subject property. KMART is to the immediate East of this property. Wal-Mart will be coming in to the adjacent property 500 yards to the West of the subject property. Huge potential for property value appreciation with subdivision and land use development. City encourages development & City Planning has expressed great interest in allowing zoning changes and retail, mixed use or MUCH needed office & hotel development on this site. There appears to be a need for just about every type of Retail and Service business. Area is heavily under redevelopment. The submarket of Tehachapi has started experiencing immense and rapid growth in residential and commercial demand from expanding, neighboring markets. Subject property is at the South west corner of Tehachapi and Mountain View. Walking distance to Historical Downtown of Tehachapi and near Home Depot and major Tucker Road (major cross street that connects to Hwy 58). Subject property is located in a central area of Tehachapi considered to be the most desirable area of the city. Fantastic C3 land next to big box retail, hotel chains and upcoming WalMart Seller will sell off subdivided sections or altogether as a whole. All offers will be taken into serious and careful consideration. Ownership is open to joint venture deal structures whereby the equity in the property may be used to cross collateralize a down payment on a commercial loan for a development project.
- Property TypeLand
- Sale Price$2,995,000
- Total Acres9.35
- Sale StatusAvailable
- Property ID2105737