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Property profile & analytics
FOR LEASE
Office buildings

1550 N Norma St Ridgecrest, CA 93555

10,125 SF 0.95 ac lot Built 1989
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US09-3289511
Property summary
AI-generated overview

Located at 1550 N Norma St, Ridgecrest, CA 93555, this single-story, 9,680 square foot office building offers a fantastic opportunity. Built in 1989, the property boasts 46 parking spaces and sits on a 0.95-acre lot. Currently, 6,740 square feet of space is available for lease, divisible into smaller units. The largest contiguous space is 2,488 square feet, while the minimum divisible space is 6,740 square feet. The building features numerous amenities, including 26 offices, a reception area, large network and phone rooms, storage rooms, restrooms, conference rooms, open space for cubicles, and a kitchenette. Utilities (water, gas, trash, and electricity) are included in the monthly rent of $1.50 per square foot. The property is zoned PO and is conveniently located near the Naval Weapons Center (0.6 miles from Inyokern Rd - Highway 178). The building is suitable for various uses, including traditional, executive, medical, and creative office spaces. Abundant furniture is available for the new tenant. This is a highly desirable location with excellent access and ample parking. The property is served by Southern California Edison (SCE). The APN is 419-010-37.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1989
Construction WOOD
Total area 10,125 SF
Lot 0.95 ac (41,382 SF)
Zoning code PO
APN 419-010-37-00-3
UPID US09-3289511
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
  • Jacobs Engineering Consultant
  • Coso Operating Co Electrical Service General Contractor
  • Leidos, Inc. Engineering Consultant
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Dottie Jean Connolly · 3 yrs held
Dottie Jean Connolly
since 2022
Last sale
$254,000
7 recorded transactions
2022
Price N/A
2007
$254,000
2007
Price N/A
1989
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
PO · Ridgecrest, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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