900 Norma StRidgecrest, CA 93555

Property Details for 900 Norma St

Year built

1988

Construction

WOOD

Lot size

0.39 AC

Property size (Sq ft)

6,386 SF

Zone code

C2

Property type

Commercial real estate

APN

421-050-02-00-0

APU

42105002000

Description

Heritage Shopping Center, a single-story, 36,719 square foot Class C retail and office building, presents a unique investment opportunity in Ridgecrest, California. Built in 1983, this multi-tenant property is zoned C2 and offers a diverse range of spaces suitable for medical, traditional, or creative office uses. Six individual spaces are currently available, ranging from 1,000 to 2,427 square feet. Located at 900 N Norma St, Ridgecrest, CA 93555 (35.637393, -117.678397), the center benefits from its proximity to the China Lake Naval Air Weapons Center, a key driver of Ridgecrest's robust economic growth. Ridgecrest, a rapidly expanding city with a population of 28,978 and a labor force of approximately 14,000, offers a strong potential for tenant acquisition and long-term investment returns. The city's strategic location near the Southern Sierra Mountains and its service to an additional 13,000 individuals in the Northeastern Kern County region further enhance its appeal. This property represents a compelling opportunity to capitalize on the dynamic growth and employment opportunities within this thriving California community. The low unemployment rate (3.3% in October 2018) underscores the region's economic strength.

• Alternative Use

  Use

  Valuation

  Residential

  $2,312,388

  Hospitality

  $2,118,135

  Educational

  $1,762,264

  Medical

  $1,822,870

  Retail

  $2,741,299

Location Insight

City

Ridgecrest

County

Kern

State

California

Latitude

35.6374

Longitude

-117.678

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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