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W Graff Ave
Ridgecrest, CA 93555
Land For Sale
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4.02 AC
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 4.02 AC |
| Property Subtype | Commercial | Cross Streets | North Norma Drive |
| Zoning | R-3 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 4.02 AC |
| Cross Streets | North Norma Drive |
| Zoning | R-3 |
DESCRIPTION
Large 4 acre parcel zoned R3 and located in the northwest area adjacent to other multi-family buildings, Parcel zoned to accommodate a 75 - 100 apartment unit project. Can be developed as a single apartment complex or subdivided for multiple triplex and fourplex parcels. Parcel map shows proposed cul-de-sac street although entire parcel may be developed for increased unit count as a single complex. All city utilities in the street. A rare opportunity to develop a mid-size apartment complex in a prime location just a short distance from the NAWS main gate, regional hospital, and shopping. Ridgecrest is experiencing a severe shortage of quality apartment units due to increased base hiring and changing demographic trends as recent base hires replace retiring employees. Ridgecrest is home of the Naval Weapons Center, China Lake, a chief weapons development and test area of the U.S. Navy, and is projected to grow. City of Ridgecrest supports major retail, a large hospital, hotels, and award winning schools. Home of Cero Coso Community College. 5 mile population: 31,787. Area households: 12,496. AN AREA OF CALIFORNIA SET TO EXPAND!
