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    Property profile & analytics

    1140 College Hts Blvd Ridgecrest, CA 93555-6307

    • Assisted living facilities
    • 32,264 SF
    • 2.48 lot acres
    OFF-MARKET
    Value Estimation
    $3,255,000
    Last Sale
    Aug 28, 2020
    $2,650,000
    Location Intelligence
    Property ID
    US09-0281874
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • College Heights Apartments / Apartment Building
    • Hunter Bagshaw / Apartment Building
    • Frogystyle Records / Record Company

    Property Details for 1140 College Hts Blvd

    Year built
    1992
    Construction
    WOOD
    Lot size
    2.48 lot acres
    Property size
    32,264 SF
    Zone code
    R2
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    343-351-28-00-1
    APU
    34335128001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,475,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,390,000
      6.5%
      $2,670,000
      7%
      $2,410,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,750,000
      Geo Method
      $2,475,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,570,000
      Retail
      $2,965,000
      Mixed-Use
      $2,710,000
      Hospitality
      $2,515,000
      Educational
      $2,610,000
      Residential Income
      $2,425,000
      Energy
      $2,965,000
      Income-Based Land
      $2,500,000
      Food Service
      $2,285,000

    Location Insight

    • Map
    • Local Demand
    City
    Ridgecrest
    County
    Kern
    State
    California
    Longitude
    -117.67
    Latitude
    35.6031
    CBSA code
    12540
    CBSA name
    BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $43,979
    $215,362
    $2,497,045
    $2,712,407
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      12,272 SF

      124 Dolphin Ave

      HOMES (RETIRED, NURSING) • 12,272 SF
      124 Dolphin Ave, Ridgecrest, CA 93555-8000
      View Details
    • Value Estimation by Request
      1,680 SF

      1337 El Prado Dr

      HOMES (RETIRED, NURSING) • 1,680 SF
      1337 El Prado Dr, Ridgecrest, CA 93555-2481
      View Details
    • Value Estimation by Request
      33,725 SF

      1131 China Lk Blvd

      HOMES (RETIRED, NURSING) • 33,725 SF
      1131 China Lk Blvd, Ridgecrest, CA 93555-3131
      View Details
    • Value Estimation by Request
      40,650 SF

      1240 College Hts Blvd

      HOMES (RETIRED, NURSING) • 40,650 SF
      1240 College Hts Blvd, Ridgecrest, CA 93555-8066
      View Details
    • Value Estimation by Request
      14,036 SF

      1200 China Lk Blvd

      MEDICAL BUILDING • 14,036 SF
      1200 China Lk Blvd, Ridgecrest, CA 93555-2665
      View Details
    • Value Estimation
      $410,000
      3,720 SF

      129 Ridgecrest Blvd

      MEDICAL BUILDING • 3,720 SF
      129 Ridgecrest Blvd, Ridgecrest, CA 93555-3918
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      21,344 SF

      Ridgecrest Commercial Lot For Lease

      Half-acre lot, prime location, build your business.
      Ridgecrest, CA 93555
      View Details
    • Contact for pricing
      32.70 Acres

      Prime Ridgecrest Commercial Land

      32.7 Acres, General Commercial Zoning
      0 China Lk Blvd & College Hts Blvd, Ridgecrest, CA 93555
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    • $249,000
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      Commercial zoned land in Ridgecrest, CA, at prime corner.
      W Ward Ave, Ridgecrest, CA 93555
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      Office & Residential Property

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    Similar Nearby for Lease

    • $750 /Mo
      3,700 SF

      Ridgecrest Office Space For Rent

      3,700 sq. ft. office building with utilities included.
      143 Panamint Ave, Ridgecrest, CA 93555
      View Details
    • $1.75 SF/Yr
      1,750 SF

      Retail Space For Rent

      Retail space available for lease.
      890 N China Lake Blvd, Ridgecrest, CA 93555
      View Details
    • $1,200,000

      Prime Retail Pad in Ridgecrest

      High-traffic retail pad site near major retailers and hospital.
      N China Lake Blvd, Ridgecrest, CA 93555
      View Details
    • Contact for pricing
      2,600 SF

      Retail Space in Ridgecrest

      Retail space available for lease in Ridgecrest, California.
      1140 College Heights Blvd, Ridgecrest, CA 93555
      View Details
    • Contact for pricing
      4,400 SF

      Retail Space in Ridgecrest

      Retail space available for lease in Ridgecrest, CA.
      College Heights Blvd, Ridgecrest, CA 93555
      View Details
    • Contact for pricing
      4 SF

      Prime Corner Land for Lease

      Corner land available for lease, build to suit opportunity.
      899 S China Lake Blvd, Ridgecrest, CA 93555
      View Details
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    Ridgecrest, CA 93555-6307
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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
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