Financial
Distress signals
Property profile

700 N China Lake Blvd Ridgecrest, CA 93555

FOR LEASE
Retail space
Property ID
US10-3109207
58,549 SF 4.94 ac lot Built 1990
Last sale Feb 2022 · $5,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a freestanding shopping center totaling approximately 60,005 square feet on about 4.94 acres, constructed in 1987 and zoned GC – General Commercial. It is located along N China Lake Boulevard in Ridgecrest’s established retail core, near other regional retailers including Stater Bros., Ross, Five Below, and Big 5. The center includes tenant space previously occupied by Marshalls and Famous Footwear and features a vacant junior anchor area of approximately 20,000 square feet plus an additional vacant unit of approximately 9,002 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$55k
Tax billed · 2023
Assessed value$5.00M
Assessed land$1.08M
Assessed improvement$3.93M
Effective rate1.10%

Value estimate

· Sep 2026
$4.41M
$3.96M – $4.85M
AI approach$4.75M
Submarket $/SF estimate$4.68M
NOI build-up
Gross scheduled income$900k
Vacancy & credit loss−$53k
Operating expenses−$254k
NOI · 59,287,900.00% cap applied$593k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$126/SF
County average, outlier-cleaned · 409 recorded sales of this use type
Observed band · Q1–Q3$61 – $190

Cap rate analysis

How does the asset earn?
59,287,900.00%
$593k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GC
JurisdictionKERN

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop19.2
Building Supply17.3
Auto Repair Shop16.7

Location

700 N China Lake Blvd Ridgecrest, CA 93555
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
501 China Lk, Ridgecrest, CA 93555-3579 $2,070,000 May 2025 5,995 SF
101 Drummond, Ridgecrest, CA 93555-3117 $3,150,000 Jan 2025 14,516 SF
930 Norma, Ridgecrest, CA 93555-3150 $980,000 May 2024 36,320 SF
1539 China Lk, Ridgecrest, CA 93555-2606 $387,000 Sep 2023 4,920 SF
741 China Lk, Ridgecrest, CA 93555-3514 $225,000 Feb 2023 6,250 SF
901 China Lk, Ridgecrest, CA 93555-6323 $1,350,000 Mar 2022 6,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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