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Chelsea St - Ridgecrest 38 Acres

38.17 Acres of Industrial Land Offered at £3,129,713 in Ridgecrest, CA 93555

Investment Highlights

  • Near China Lake Naval Base
  • Lots of uses and opportunities

Executive Summary

We invite visionary developers, investors, and public entities to explore this unparalleled opportunity to shape Ridgecrest's future. For detailed information, financial projections, and to schedule a comprehensive site tour, please contact our team. Join us in creating a legacy project that will drive economic growth, foster innovation, answer affordable housing crisis, and enhance quality of life in Ridgecrest for generations to come. This 38.17-acre parcel represents a rare opportunity to shape the future of Ridgecrest and the broader Kern County region. With its strategic location near critical defense installations and emerging status as a technology hub/park, this property is poised to become a cornerstone of regional economic development. Discover an exceptional parcel that offers unprecedented visibility and access in Ridgecrest's emerging commercial and tech corridor. This prime property boasts an impressive triple-frontage configuration: • ~1,433.37 feet along Chelsea Street • ~1,206.00 feet on Knox Road • ~1,078.98 feet facing Moyer With a staggering total of ~3,718.35 feet (over ~0.7 miles) of street frontage, this property presents a truly unique development canvas that is rarely found in today's market. For private developers, it offers the potential for significant returns through the creation of high-demand commercial and mixed-use spaces (including residential housing and hotels). For public entities, including the City of Ridgecrest, it presents an opportunity to guide development in line with long-term economic and community goals. The site's scale and flexibility allow for phased development, enabling a thoughtful, responsive approach to market demands and community needs. This property is not just a land acquisition; it's an investment in the future of technology, defense, and sustainable urban development in California.

Attachments

Marketing Brochure/Flyer
Ridgecrest Offering Memorandum (OM)

Property Facts

Price £3,129,713
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Mixed Use
  • Multifamily
  • Community Centre
  • Hotel
  • Industrial Park
  • Office Park
  • Warehouse
Total Lot Size 38.17 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price £3,129,713
Price Per AC £81,994
Lot Size 38.17 AC

On Chelsea Street between Ward and Rowe Avenues in the City of Ridgecrest. Subject is just east of China Lake Blvd., near the Ridgecrest Regional Hospital Hyatt & Hamptons Hotel, other retail and commercials & the China Lake Naval Weapons Center.

Description

We invite visionary developers, investors, and public entities to explore this unparalleled opportunity to shape Ridgecrest's future. For detailed information, financial projections, and to schedule a comprehensive site tour, please contact our team. Join us in creating a legacy project that will drive economic growth, foster innovation, answer affordable housing crisis, and enhance quality of life in Ridgecrest for generations to come. This 38.17-acre parcel represents a rare opportunity to shape the future of Ridgecrest and the broader Kern County region. With its strategic location near critical defense installations and emerging status as a technology hub/park, this property is poised to become a cornerstone of regional economic development. Discover an exceptional parcel that offers unprecedented visibility and access in Ridgecrest's emerging commercial and tech corridor. This prime property boasts an impressive triple-frontage configuration: • ~1,433.37 feet along Chelsea Street • ~1,206.00 feet on Knox Road • ~1,078.98 feet facing Moyer With a staggering total of ~3,718.35 feet (over ~0.7 miles) of street frontage, this property presents a truly unique development canvas that is rarely found in today's market. For private developers, it offers the potential for significant returns through the creation of high-demand commercial and mixed-use spaces (including residential housing and hotels). For public entities, including the City of Ridgecrest, it presents an opportunity to guide development in line with long-term economic and community goals. The site's scale and flexibility allow for phased development, enabling a thoughtful, responsive approach to market demands and community needs. This property is not just a land acquisition; it's an investment in the future of technology, defense, and sustainable urban development in California. https://bit.ly/Ridgecrest-OM

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
033-050-24-00-5
Land Assessment
£816,772
Improvements Assessment
£0
Total Assessment
£816,772

zoning

Zoning Code CS, M-1 & PO (Industrial Land)
CS, M-1 & PO (Industrial Land)
  • Listing ID: 33522072

  • Date on Market: 04/09/2024

  • Last Updated:

  • Address: Chelsea St, Ridgecrest, CA 93555

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