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575 N China Lake Blvd - 575 N China Lake Blvd. 5.4 Acres of Commercial Land Offered at $1,200,000 in Ridgecrest, CA 93555
INVESTMENT HIGHLIGHTS
- Commercial land of up to 5.4 acres adjacent to Home Depot in the heart of Ridgecrest.
- Average Household income is $85,000.
- Ridgecrest is the home of China Lake Naval Weapons Station.
- Naval Weapons Station in town is undergoing a $3 billion upgrade of the facilities.
- Casino has been approved for location in Ridgecrest.
- The site has all utilities underground or nearby.
EXECUTIVE SUMMARY
The City of Ridgecrest is home to the China Lakes Naval Weapons Station. The Base has been designated by the Department of Defense to be a premier center for Research and Development of Naval Weapons Systems. They are the headquarters for Autonomous Drone development, which is revolutionizing modern warfare. The base is currently undergoing a $3 billion dollar refurbishing and redevelopment program. When this reconstruction is completed in 2025, the base will have the most modern, state of the art, Naval Weapons Development facility in the United States, if not the world. Ridgecrest with it’s Southern Sierra Regional Hospital and the Walmart Supercenter is the medical, and shopping hub for the region. The Walmart has exceeded their projections since the day they opened, and the new Panda Express had the second largest grand opening in the company’s history.
PROPERTY FACTS
| Price | $1,200,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 5.40 AC |
| Property Type | Land | ||
| Zoning | CG - General Commercial | ||
| Price | $1,200,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 5.40 AC |
| Zoning | CG - General Commercial |
1 LOT AVAILABLE
Lot
| Price | $1,200,000 | Lot Size | 5.40 AC |
| Price Per AC | $222,222.22 |
| Price | $1,200,000 |
| Price Per AC | $222,222.22 |
| Lot Size | 5.40 AC |
The site has all utilities underground or nearby. Additional onsite work has been approved by the City and installed. APN #'s 067-040-24, 25, 26, 27 & 28.
DESCRIPTION
Ridgecrest is the home of China Lake Naval Weapons Station.
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Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 067-040-20-00-7 | Improvements Assessment | $6,970,000 |
| Land Assessment | $1,600,000 | Total Assessment | $8,570,000 |
PROPERTY TAXES
Parcel Number
067-040-20-00-7
Land Assessment
$1,600,000
Improvements Assessment
$6,970,000
Total Assessment
$8,570,000
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575 N China Lake Blvd - 575 N China Lake Blvd.
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