1120 W Ward Avenue is a $2,900,000, 35,180 square foot home on a 5.00 acre lot located in Ridgecrest, CA.
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
Lot Features - Value In Land
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