44321 Highway 101Laytonville, CA 95454

Property Details for 44321 Highway 101

Lot size

1.56 AC

Property type

Retail properties

Property subtype

Retail space

APN

035-160-13-00

APU

351601300

Description

This exceptional investment opportunity presents a long-established and thriving business located on nearly five acres of prime real estate along Highway 101 in Laytonville, CA. Weathertop Nursery & Building Supply, a cornerstone of the community since the 1960s, offers a unique blend of retail operations. The nursery, established in 1978, provides a wide selection of plants, fruit trees, and gardening supplies. The building supply section stocks lumber, hardware, and tools for various building projects. This turnkey business benefits from I1 industrial zoning and boasts over 400 feet of highway frontage, ensuring high visibility and accessibility. The property includes a 4,860 square foot retail storefront built in 2013, maximizing its highway exposure. Two large barns provide a combined 6,800 square feet of covered storage, complemented by a 1,720 square foot on-slab metal building offering additional secure space. A separate block of five retail, office, and workshop spaces presents further income potential. A 2,400 square foot storage building and saw shop provide ample space for inventory and workshop activities. The sale includes a substantial and diverse inventory, along with extensive business equipment, ranging from trucks and forklifts to computer and communication systems. This presents a rare opportunity to acquire a fully operational, versatile business with significant real estate value. The established customer base and prime location make this a compelling investment prospect.

• CAP approach

  CAP return

  Valuation

  6%

  $27,352,240

  6.5%

  $25,248,222

  7%

  $23,444,776

• Comparable approach

  Method

  Valuation

  Relative Method

  $31,361,624

  Geo Method

  $24,402,736

• Alternative Use

  Use

  Valuation

  Residential

  $21,297,820

  Hospitality

  $19,508,688

  Educational

  $16,230,999

  Medical

  $16,789,208

  Retail

  $25,248,222

Location Insight

City

Laytonville

County

Mendocino

State

California

Latitude

39.68

Longitude

-123.476

CBSA code

46380

CBSA name

UKIAH, CA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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