10.51 Acres • $1,000,000
Commercial Development Parcel 10.51 Acres
Great historic town in highland valley above Antelope Valley and Bakersfield. This 10.51 +/- gross acres is a flat parcel of undeveloped commercial/residential land with 524' frontage on the main thoroughfare between Downtown Historic Tehachapi (location of city center) and HWY 202/Tucker Rd (city's main retail district). Potential office; retail; hospitality; storage; senior housing; multi-family and more. Several national retailers nearby plus future Walmart which according to city officials is approved by the city and awaiting CalTrans approvals in order to issue permits. Recent developments in town include $95 million hospital, Pilot Travel Center (under construction), Tractor Supply, new housing under construction and many more planned. Contact the city planning department. Zoning: SD2.1; APN: 415-130-21-00 (Kern County). Utilities in street. Property sold as-is. Buyer to independently verify all information.
City benefits from a broad range of industries and close proximity to major employment centers. NASA, The Spaceship Company, Composites, Rio Tinto Minerals, GE Renewables, Grimmway Farms and many other.
According to a 2017 Retail Leakage study provided by the City of Tehachapi there are potential market opportunities for starting or growing a business in many sectors led by motor vehicles and parts ($66 million), general merchandise ($38 million), and food and beverage stores ($36 million).