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Property profile & analytics
OFF-MARKET
Retail space

138 China Lk Blvd Ridgecrest, CA 93555-4026

304 SF 0.16 ac lot Built 1967
Individually Owned 2-yr Hold Free & Clear
Property ID
US09-1147175
Property summary
AI-generated overview

This exceptional free-standing retail building, located at 138 S China Lake Boulevard in Ridgecrest, California, presents a compelling investment opportunity. Built in 2004, the property boasts 1,720 square feet of net rentable space situated on a sizable 7,063 square foot lot. Its strategic corner location at the intersection of China Lake Boulevard and California Street ensures high visibility and accessibility for potential customers. The building's excellent condition reflects its thoughtful improvements, making it move-in ready for a variety of retail uses. Ample parking is a key feature, with a generous 5:1 parking ratio, ensuring convenient access for both employees and customers. The property's address is 138 S China Lake Blvd, Ridgecrest, CA 93555, within Kern County. The asking price is $985,000. This property offers a rare combination of prime location, substantial space, and convenient parking, making it an ideal investment for discerning buyers seeking a strong return in a thriving retail market. The zip code is 93555.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1967
Construction WOOD
Total area 304 SF
Lot 0.16 ac (6,969 SF)
Zoning code GC
APN 080-114-07-00-5
UPID US09-1147175
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
  • Adams Jewelers (Bike/Boat/Book/etc) Store
  • China Lake Buffet Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Thomas Adams · 2 yrs held
Thomas Adams
since 2024
Last sale
$32,000
4 recorded transactions
2024
Price N/A
2003
$32,000
1998
$90,000
1969
Price N/A
Zoning & alternative use
GC · Ridgecrest, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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