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Property profile & analytics
OFF-MARKET Estimated value $580,000
Banks

100 Ward Ave Ridgecrest, CA 93555-2668

8,138 SF 1.43 ac lot Built 2007
Individually Owned 17-yr Hold Free & Clear
Property ID
US09-0441161
Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2007
Construction WOOD
Total area 8,138 SF
Lot 1.43 ac (62,290 SF)
Zoning code CS
APN 033-070-27-00-0
UPID US09-0441161
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Desert Valleys FCU Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
$637k
Blend (final) Blend
$580k
Owner & transaction history
Desert Valleys FCU · 17 yrs held
Desert Valleys FCU
since 2009
2 recorded transactions
2009
$150,000
2004
$100,000
Zoning & alternative use
CS · Ridgecrest, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

For any use permitted in the CN, CS or CG district but not permitted in the PO district except as hereinafter set forth. One parking stall per 300 square feet of gross floor area. For any use permitted only in the M1 or M2 districts, except as hereinafter set forth. One parking space for every 500 square feet of gross floor area or one parking space for each…

Zone name Service Commercial
General category INDUSTRIAL
Zone area 310.27 ac
Source code of ordinances
Top alternative use upside
Office building $875,000 +43.9%
Medical building $745,000 +23.2%
Warehouse, storage $730,000 +20.1%
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