Investment Overview

Marcus & Millichap Sierra Vista Ridgecrest, an approximately 40.6 acre (1,769,842 SF), vacant land lot, with a permitted tentative tract map for 121 sub divided lots. The property is located in Ridgecrest, California and is ideally situated in the prefect base camp to explore California’s Deserts. Current plans call for the property to be constructed in 3 Phases. The land has a proposed zoning of E-2, and plans call for Single Family Residential lots. Plans show that the average lot size will be 10,838 SF, and the minimum will be 10,000 SF. Plans also show the community will be divided with one major road from North to South and another road East to West in the center of the community. The subdivision also calls for the creation of 4 cul de sacs and green space. The tentative tract map expires May 27, 2023. Located right off S US HWY 395 and S China Lake Blvd, Sierra Vista has easy access to SR-14 and the I-15 Fwy which puts Los Angeles, Bakersfield, Las Vegas, Victorville, and other Southern California and Nevada destinations less than 5 hours away. Ridgecrest is also less than an hour away from Mojave, where a brand new dry port will be opening in the coming years, bringing roughly 3,000 jobs to the region. The desert area has been seeing a boom in major companies moving businesses to the area. Ridgecrest also is within close proximity to China Lake Naval Air Weapons Station, China Lake Naval Weapons Center, Edwards Airforce Base, and Fort Irwin. Buyer to Verify with the City of Ridgecrest.