Commercial property
16940 State Highway 14 is on the market at $3,400,000 (12,000 sqft). See the current listing →
Listing Agent: Fernando Spindola (DRE #01745219) · Listing Office: Platinum Real Estate · Contact: 323-456-6110 · Bought with: Paul Baccino · JohnHart Real Estate · MLS #DW21203415 · Source: CRMLS
16940 State Highway 14 sold for $2,000,000 in September 2022, 9.0% under its $2,199,000 list price, after 338 days on the market.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
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.
Listing description from the September 2022 sale, as reported to CRMLS.
16940 State Highway 14 last sold in September 2022 for $2,000,000, according to CRMLS-reported closed sales.
$2,000,000, 9.0% below the $2,199,000 list price, after 338 days on the market.
Yes — 16940 State Highway 14 is currently on the market at $3,400,000. Open the current listing on Nalren for photos, details and the listing agent.