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Property profile & analytics
FOR LEASE
Office buildings
425 W Drummond Ave Ridgecrest, CA 93555
Trust Owned
20-yr Hold
Free & Clear
Property ID
US09-3034300
For Lease
1 / 24
$1,350/Mo
425 W Drummond Ave, Ridgecrest, CA 93555
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1985
Construction
WOOD
Total area
2,175 SF
Lot
0.25 ac (10,890 SF)
APN
067-023-03-00-3
UPID
US09-3034300
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
-
Edward Jones - Financial Advisor: Vincent J Avalos Jr Financial Advisor
-
Guild Mortgage - Tiffany Moreno Loan Service Bank
-
Edward Jones - Financial Advisor: Alice K Hibbs Financial Advisor
-
Guild Mortgage - Jodi Lint Consultant Mortgage Lender
-
Guild Mortgage Company Consultant Mortgage Lender
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
Avalos Family Trust · 20 yrs held
Avalos Family Trust
since 2006
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ridgecrest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgecrest submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,552
Tax year 2023
Assessed value
$200,095
Assessed 2023
Previous assessed
$200,095
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$42,958
Assessed improvement
$157,137
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Lease
Year built
1985
Construction
WOOD
Heating
YES
Cooling
OTHER
Stories
1
Total area
2,175 SF
Lot
0.25 ac (10,890 SF)
APN
067-023-03-00-3
UPID
US09-3034300
Jurisdiction
KERN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1985
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Avalos Family Trust
Trust
Free & Clear · 20 yrs held
Mailing address
425 W DRUMMOND AVE, RIDGECREST, CA 93555-3120
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2006
—
Avalos Family Trust
Avalos,vincent & Gloria
Quit Claim Deed
related
—
Aug 5, 1998
$62,500
Vincent Avalos
Manning,harold W & Marisa L
Grant Deed
$62,000 · Individual
Dec 31, 1997
$125,000
Vincent Avalos
Gary D Charlon Trustee
Grant Deed
$65,000 · Monument National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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