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    1325 China Lk Blvd Ridgecrest, CA 93555-2600
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    Property profile & analytics

    1325 China Lk Blvd Ridgecrest, CA 93555-2600


    • Retail space
    • 2,000 SF
    • 0.14 lot acres
    Off-Market
    Last Sale Mar 4, 2024
    $300,000
    Property ID
    US09-2781699
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ridgecrest Cleaners / (Bike/Boat/Book/etc) Store

    Property Details for 1325 China Lk Blvd

    Year built
    1985
    Construction
    WOOD
    Lot size
    0.14 lot acres
    Property size
    2,000 SF
    Zone code
    C1
    Property type
    Retail space
    APN
    419-031-04-00-0
    APU
    41903104000

    Description

    This exceptional mixed-use storefront property at 1325 N China Lake Blvd, Ridgecrest, CA 93555, presents a compelling investment opportunity. The 2,000 square foot, single-tenant building, constructed in 1988, boasts a Class B rating and is situated on a heavily trafficked street in Kern County. Currently operating as a turnkey dry cleaning business, the property offers a substantial net operating income (NOI) of $168,000, resulting in a 23.33% capitalization rate at the asking price of $720,000. The sale includes an established 18-year client database and all debt-free machinery and equipment. The property is zoned "C" and features a single story. The Assessor's Parcel Number (APN) is 419-031-05. Alternatively, the building is available for purchase separately at $599,999. This presents a rare chance to acquire a profitable, established business or a strong standalone commercial property in a prime location. The price per square foot is $360.


    Value Estimations

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    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Ridgecrest
    County
    Kern
    State
    California
    Longitude
    -117.67
    Latitude
    35.6454
    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
    $3,746
    $84,057
    $225,916
    $309,973
    -
    $0.00
    $0.00
    $0.00
    More about this property
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