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    101 Ridgecrest Blvd Ridgecrest, CA 93555

    Sponsored
    For Lease
    $18 SF/Yr ($17,541 /Mo)

    Former Bank, Drive-Thru, High Visibility

    Lot size:
    11,694 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 11,694 square foot retail space presents a unique investment opportunity in Ridgecrest, California. Located at 101 W Ridgecrest Blvd, on a prominent corner lot at the intersection of W Ridgecrest Blvd and S China Lake Blvd, this property boasts high visibility and easy access. The building, constructed in 1972, features two stories and a convenient drive-thru, previously utilized as a Bank of America branch. The entire 11,694 square feet is currently vacant, offering a blank canvas for a variety of retail, office, or restaurant concepts. The 0.92-acre lot provides ample space for parking and potential expansion. The property's APN is 478-020-48. Its strategic location in Ridgecrest, CA, 93555, offers excellent exposure to a thriving community. The building's previous use as a bank suggests a strong foundation and existing infrastructure suitable for various commercial purposes. This property is a rare find, combining prime location, substantial square footage, and a versatile layout. The opportunity to customize the space to meet specific business needs makes this a truly exceptional investment. The property's size and features make it suitable for a wide range of businesses seeking a high-profile location in a growing market. This is an ideal opportunity for a business seeking to establish a strong presence in Ridgecrest.

    Property Features for 101 Ridgecrest Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,694 SF
    Total Rate
    17541

    Building Details

    Year Built
    1972
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    11,694 SF
    Rate per SF
    $18

    HighLights

    • 11,694 SF retail space in Ridgecrest, CA.
    • Located on a prominent corner lot at W Ridgecrest Blvd & S China Lake Blvd, offering high visibility and easy access.
    • Two‑story building with a drive‑thru, previously a Bank of America branch.
    • Currently vacant, suitable for retail, office, or restaurant use.
    • 0.92‑acre lot with ample parking and expansion potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bank of America ATM ... Atm Bank of America (with ... Bank

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ridgecrest
    County
    Kern
    State
    California
    Longitude
    -117.67035883177
    Latitude
    35.622437770745

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    FAQs

    What type of property is this?
    Restaurant - Former Bank, Drive-Thru, High Visibility
    Where is this restaurant located?
    The property is located at 101 Ridgecrest Blvd Ridgecrest, CA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 11,694 SF retail space in Ridgecrest, CA.; Located on a prominent corner lot at W Ridgecrest Blvd & S China Lake Blvd, offering high visibility and easy access.; Two-story building with a drive-thru, previously a Bank of America branch.
    Request Owner's contact information
    101 Ridgecrest Blvd Ridgecrest, CA 93555
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    Ridgecrest, CA 93555
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 Ridgecrest Blvd Ridgecrest, CA 93555
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