Real Estate Listings & Homes for Sale
1120 W Ward Avenue Ridgecrest, CA 93555
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Monthly Payment (Est.)$13,231
Invest in a thriving opportunity with this 5-acre industrial property located in the growing city of Ridgecrest, CA. Boasting great visibility and accessibility, this corner lot is the perfect investment for those seeking a solid return or owner-occupants seeking to generate income while operating their business. With 5 tenants, including the prestigious Leidos, and 32 self-storage units, the property is generating a robust annual rental income of over $260,750.76 and a CAP rate of 6.65%. Don't miss out on this rare opportunity to own a piece of the growing city of Ridgecrest. Contact us for more information on this prime investment property. Investment Highlights: *Corner lot with great visibility and accessibility *5 tenants, including Leidos *Two units ready for new tenant *32 self-storage units *Impressive CAP rate of 6.65% *Ideal location with easy access to local amenities and businesses *Opportunity for further development on the 5-acre lot
|3 days ago||Listing updated with changes from the MLS|
|8 months ago||Price changed to $2,900,000|
|10 months ago||Listing first seen online|