Ridgecrest, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Ridgecrest, Florida Market population: 28K. Compare commercial properties across all major asset classes with...

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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000

Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %

NOI $0

Size 30,000 SF

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📊 Avg Property Tax Rate For Ridgecrest CA Properties: 1.3300%

📊 Average Income For Ridgecrest CA Commercial Property: $60,182

Investor Questions For Ridgecrest CA

Common questions from investors exploring commercial real estate in Ridgecrest CA.

What is the overall investment potential of Ridgecrest, CA, considering its demographic and economic factors? +

Ridgecrest, CA, with a population of 27,993 and a median age of 35.0, presents a stable investment market, given its median household income of $60,182 and a relatively low poverty rate of 13.2%, combined with a high health insurance coverage rate of 93.8%, indicating a reliable tenant base.

How does the ethnic diversity and industry landscape of Ridgecrest influence its real estate market? +

The city's ethnic diversity, with top ethnicities being White (40.2%), White Non-Hispanic (35.4%), and Hispanic (10.7%), alongside its top industries in Manufacturing, Public Administration, and Transportation & Warehousing, & Utilities, suggests a diverse and stable economic base, which can contribute to a consistent demand for housing.

What are the implications of Ridgecrest's commute times and health insurance rates for real estate investors? +

The average commute time of 14.9 minutes and the high health insurance coverage rate of 93.8% in Ridgecrest indicate a high quality of life, which can attract and retain residents, thereby stabilizing the rental market and potentially increasing property values over time.

How do the poverty rate and employment statistics in Ridgecrest impact the assessment of tenant quality and market stability? +

The poverty rate of 13.2% in Ridgecrest, although relatively low, when considered alongside the employed population of 12,060 and the top occupations in Management, Business, Science, & Arts Occupations, suggests a working-class market with employment stability, which can be favorable for investors looking for reliable rental income.

What role do the median property value and homeownership rate play in evaluating the real estate investment potential of Ridgecrest? +

The median property value of $181,900 and a homeownership rate of 60.7% in Ridgecrest suggest a balanced market where there is room for both rental properties and owner-occupied homes, potentially offering investors a range of opportunities, from rental income to long-term property appreciation.

Ridgecrest CA Real Estate & City Facts

Key facts and real estate information about Ridgecrest CA.

What are some of the best neighborhoods to live in Ridgecrest? +

Some of the best neighborhoods to live in Ridgecrest include West Rader, which is known for its peaceful and family-friendly atmosphere. Other neighborhoods like the southwest parts of the city tend to be more desired, while more affordable homes are in the northeast regions.

What are some fun things to do in Ridgecrest? +

There are plenty of fun things to do in Ridgecrest, such as visiting the Little Petroglyph Canyon, Maturango Museum, and China Lake Museum. You can also go hiking in the Rademacher Hills or explore the ancient petroglyphs. If you're looking for something more adventurous, you can try axe throwing or bowling.

What is the food scene like in Ridgecrest? +

The food scene in Ridgecrest is diverse and offers a range of options. You can find great steaks at Casey's Steaks & Barbeque or Ale's Steakhouse & Bar. For a taste of Japan, you can visit Tokyo House. There are also plenty of great Mexican restaurants like Olvera's and Tacos el Gordito. Additionally, you can find fine dining options like Mon Reve.

What are the pros and cons of living in Ridgecrest? +

The pros of living in Ridgecrest include its peaceful and family-friendly atmosphere, outdoor recreational opportunities, and a relatively low cost of living. However, some cons include the limited job opportunities and a relatively small town feel. The town also has a high poverty rate and income inequality. Ultimately, whether Ridgecrest is a good fit for you will depend on your individual priorities and preferences.

Is Ridgecrest a good place to live? +

Ridgecrest can be a good place to live for those who value a peaceful and family-friendly atmosphere, outdoor recreation, and a relatively low cost of living. However, it may not be the best fit for those looking for a more urban or fast-paced lifestyle. The town has its challenges, including limited job opportunities and a high poverty rate, but it also has a lot to offer for those who are looking for a quiet and natural surroundings.

Ridgecrest, FL Commercial Investment Properties for Sale

Don’t just search properties. See why investors choose REI Capital.

Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

📊 Avg Property Tax Rate For Ridgecrest CA Properties: 1.3300%

📊 Average Income For Ridgecrest CA Commercial Property: $60,182

Investor Questions For Ridgecrest CA

Ridgecrest CA Real Estate & City Facts

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