Property profile

1240 College Hts Blvd Ridgecrest, CA 93555

OFF-MARKET
Assisted living facilities
Property ID
US09-5209794
40,650 SF 7.27 ac lot Built 1984
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1984
Construction WOOD FRAME
Total area 40,650 SF
Lot 7.27 ac (316,681 SF)
Zoning code R-3
APN 343-351-36-00-4
UPID US09-5209794

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Nursing Home Retirement Community

Location

1240 College Hts Blvd Ridgecrest, CA 93555-8066
Ridgecrest metro Census 5410 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$970k
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.07M
Blend (final) Blend
$1.52M

Owner & transaction history

since 2025
6 recorded transactions
2025
$8.5M
2024
Price N/A
2017
Price N/A
2015
Price N/A
2013
Price N/A
1969
Price N/A

Zoning & alternative use

R-3 · Ridgecrest, CA
Zoning description

The purpose of R-3 district is to provide medium density multifamily dwellings and its accessory uses

General category RESIDENTIAL

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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