1433 Downs StRidgecrest, CA 93555
- Land
- 1,558 SF
Property Details for 1433 Downs St
- Year built
- 1953
- Construction
- WOOD FRAME
- Lot size
- 1.07 AC
- Property size (Sq ft)
- 1,558 SF
- Zone code
- C
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 453-014-11-00-5
- APU
- 45301411005
Description
Three contiguous commercial land parcels totaling 2.56 acres are available for sale in Ridgecrest, CA, at an asking price of $249,000. Located on Downs St and Graaf Ave, these parcels benefit from high traffic counts due to their proximity to Heritage Montessori Elementary School. The lots are suitable for a variety of commercial uses, including big-box retail, shopping centers, restaurants, lodging, auto malls, or office parks. Each parcel features surveyed boundaries, a topographic map, and 1-inch water laterals, with a $27,000 credit from the Indian Wells Valley water company. Furthermore, each lot has a 4-inch sewer lateral already installed, representing a $5,000 savings. The parcels are ready for development, with corner rebar markers and annual sewer fees included in property taxes. The flexible commercial zoning allows for diverse development options. This location is adjacent to the Naval Air Weapons Station China Lake, contributing to a high-income area currently underserved by retail. The site is situated at a busy signalized intersection along a primary retail corridor, with proposed retail developments both north and south. The parcels can be purchased individually or as a group. The APNs are 453-014-11-00-5, 453-014-07-00-4, and 453-014-09. This presents a unique opportunity to capitalize on the growth and high consumer traffic in this area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $564,215
- Hospitality
- $516,817
- Educational
- $429,986
- Medical
- $444,774
- Retail
- $668,867
Location Insight
- City
- Ridgecrest
- County
- Kern
- State
- California
- Latitude
- 35.647
- Longitude
- -117.688
- CBSA code
- 12540
- CBSA name
- BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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