Technical
Financial
Distress signals
Property profile

509 Ward Ave Ridgecrest, CA 93555

OFF-MARKET
Office buildings
Property ID
US09-1578020
7,200 SF 0.3 ac lot Built 1982
Trust Owned 14-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1982
Construction WOOD
Total area 7,200 SF
Lot 0.3 ac (13,068 SF)
APN 420-041-21-00-2
UPID US09-1578020

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service Bank
  • Loan Service Bank
  • Real Estate Agency
  • Loan Service Bank
  • Employment Agency

Location

509 Ward Ave Ridgecrest, CA 93555-2495
Ridgecrest metro Census 5406 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.36M
Comparable Approach Comparable
$1.77M
Blend (final) Blend
$450k

Owner & transaction history

since 2011
4 recorded transactions
2011
Price N/A
2009
Price N/A
2004
Price N/A
1995
$5,000

Zoning & alternative use

Top alternative use upside
Restaurant $2.2M +60.1%
Medical building $1.5M +8.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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