Property profile

1024 Langley Ave Ridgecrest, CA 93555

OFF-MARKET
Land
0.14 ac lot
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Property summary

AI-generated overview

This exceptional 0.14-acre (±6,105 square feet) residential lot presents a remarkable opportunity in the heart of Ridgecrest, California. Ideally situated near established businesses and new developments, this level lot offers a convenient and desirable location. Its central position provides easy access to amenities, including the Kerr McGee Youth Sports Complex and Faller Elementary School, both within walking distance. The property boasts paved road frontage on the south side, and utilities are readily available. Electric service is accessible at the northern edge, while sewer and natural gas connections are available, and water is provided by the Indian Wells Valley Water District. The peaceful neighborhood features a walking path, and the lot is nestled between two recently constructed homes (2020 and 2021), showcasing the area's attractive development. Enjoy convenient access to Upjohn Avenue, and Highway 395 is just 1.2 miles away, providing easy access to Ridgecrest Plaza Shopping Center and various retail options. The lot measures approximately 54 feet wide by 114 feet deep. The seller is offering attractive financing options, including a seller-carry loan with only a 10% down payment. This property is zoned RL: Residential Low, and its APN is 081-252-29-00-3. The address is 1024 W Langley Ave, Ridgecrest, CA 93555.

Property profile

Verified
Property type Land
Lot 0.14 ac (6,098 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1024 Langley Ave Ridgecrest, CA 93555
Ridgecrest metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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