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$2,900,000
317 Days Online

1120 W Ward Avenue
Ridgecrest, CA 93555

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
35,180
SqFt
$82
/SqFt
1978
Built
County:
Kern
Listed by Gurjeet Bhatia of ACREAGE REAL ESTATE toscanoallanah@gmail.com

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1120 W Ward Avenue1120 W Ward Avenue1120 W Ward Avenue1120 W Ward Avenue
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Monthly Payment (Est.)

$13,231
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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

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Listing Snapshot
Price 
$2,900,000
Days Online 
317 Days
Bedrooms 
N/A
Inside Area (SqFt) 
35,180 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
5 Acres
Year Built 
1978
MLS Number 
CV23014540
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS
8 months agoPrice changed to $2,900,000
10 months agoListing first seen online
General Features
Acreage 
5
Water 
Public
Property Sub Type 
Industrial
Zoning 
M-1
Listing Conditions 
Standard
Interior Features
Laundry Features 
None
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Exterior Features
Lot 
Corner LotValue In Land
Community Features
MLS Area 
RCR - Ridgecrest
Crmls Logo Real Estate For Sale

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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