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Property profile & analytics
OFF-MARKET
Medical Office Space

1517 Downs St Ridgecrest, CA 93555-2456

3,681 SF 0.15 ac lot Built 1990
Individually Owned Free & Clear
Property ID
US09-1164876
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1990
Construction WOOD
Total area 3,681 SF
Lot 0.15 ac (6,534 SF)
Zoning code PO
APN 453-072-22-00-1
UPID US09-1164876
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
  • Antelope Valley Cancer Center - H K Shamasunder MD Physician
  • Dr. Carl J. Rossi, MD Physician
  • Antelope Valley Cancer Center Medical Clinic Hospital
  • Loma Linda Radiation Medical Clinic Hospital
  • Dr. Mukund Shah Physician
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
Mukund Shah
Mukund Shah
since 2026
Last sale
$34,000
6 recorded transactions
2026
Price N/A
2026
$235,000
2025
$34,000
2020
$37,500
2012
Price N/A
2007
Price N/A
Zoning & alternative use
PO · Ridgecrest, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

For any use permitted in the PO district except as hereinafter specifically set forth. One parking stall per 200 square feet of gross floor area. 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…

Zone name Professional Office
General category COMMERCIAL
Zone area 83.08 ac
Source code of ordinances
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