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Individually Owned Property summary
This exceptional multi-tenant retail investment opportunity in Ridgecrest, CA, presents a compelling prospect for discerning investors. Located on a prominent 0.17-acre site at 823 N China Lake Blvd, this property boasts a 5,828 square foot, two-story building, currently housing three tenants, ensuring a diversified income stream. The building, constructed in 1949 and renovated in 2018, features durable masonry construction, a roll composition roof, and ample parking (approximately 10 spaces)… accessible from both N. China Lake Blvd and a rear alley. The property benefits from high visibility due to its location on a major thoroughfare, attracting substantial foot traffic. The current lease structure is a Net Net + (NN+) arrangement with a remaining term of five years, generating a strong net operating income (NOI) of $37,440 and an attractive 8.00% capitalization rate. The property is zoned GC and features a well-maintained exterior, aligning seamlessly with the surrounding neighborhood. The total square footage is 6,071 square feet, with 100% occupancy. This stabilized investment offers a secure return with potential for future appreciation. The property's convenient dual access and well-structured site layout, including landscaping and paved areas, further enhance its appeal. This is a turnkey opportunity to acquire a profitable, well-maintained retail property in a desirable location. The property's APN is 067-031-01-00-6. The asking price is $480,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 9 properties nearbyComparable nearby
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 6,138 SF
- Lot area
- 0.17 ac
- Year built
- 1949
- Stories
- 2
- APN
- 067-031-01-00-6
- Assessed value · 2023
- $106,475
- Annual tax · 2023
- $1,722
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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Off Market
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Off Market
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Loan from 2013New Century Bank
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Off Market
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Loan from 20049.0% rateNew Century Bank Fayetteville
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Leads for service soon
Still being built. It lands here next, beside the two above.
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