Property profile

0 Kendall Ave Ridgecrest, CA 93555

OFF-MARKET
Land
26.92 ac lot
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Property summary

AI-generated overview

This exceptional 26.92-acre commercial land parcel presents a unique investment opportunity in Ridgecrest, California. Located in the prestigious College Heights neighborhood, this property offers the potential to develop over 75 estate lots, each with a minimum size of 10,000 square feet. The area boasts high-value homes, with prices ranging from $500,000 and above, indicating strong market demand. The property's strategic location near the China Lake Naval Weapons Station, a significant employer with 4,500 personnel and a substantial $3 billion modernization program underway, ensures a stable and growing population base. The average household income of $70,000 further underscores the area's economic strength and potential for high returns. The property is identified by APN 510-020-02 and is situated at the intersection of W. Kendall Ave and S. Norma St., Ridgecrest, CA 93555, in Kern County. This prime location offers exceptional development potential for discerning investors seeking a high-value, high-growth opportunity in a desirable California community. The asking price for this expansive land parcel is $1,500,000.

Property profile

Verified
Property type Land
Lot 26.92 ac (1,172,635 SF)

Cap rate & NOI

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

Location

Kendall Ave Ridgecrest, CA 93555
Ridgecrest metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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