1275 Ford RdUkiah, CA 95482

Property Details for 1275 Ford Rd

Lot size

1.30 AC

Zone code

C

Property type

Retail properties

Property subtype

Turn key restaurants

APN

001-360-38-00

APU

13603800

Description

This exceptional restaurant opportunity in Ukiah, California, presents a prime location at the hard corner of North State Street and Ford Road, directly off US Highway 101. The property boasts excellent visibility and accessibility, situated on a 1.3-acre parcel with ample parking for 70 vehicles. The existing building offers 3,414 square feet of space, currently configured with a drive-thru. The current tenant, Carl's Jr., is vacating, presenting a unique chance for a new tenant to establish their business in a ready-made facility. Alternatively, the entire 1.3-acre parcel is available, allowing for expansion up to 7,000 square feet, catering to a variety of restaurant concepts. The property is classified as a single-tenant restaurant in Mendocino County, with the address listed as 1275 Ford Rd, Ukiah, CA 95482. This location offers significant potential for a thriving restaurant business due to its high traffic count and convenient access for customers. The property is zoned for restaurant use.

• CAP approach

  CAP return

  Valuation

  6%

  $22,837,760

  6.5%

  $21,081,010

  7%

  $19,575,224

• Comparable approach

  Method

  Valuation

  Relative Method

  $26,185,398

  Geo Method

  $20,375,072

• Alternative Use

  Use

  Valuation

  Residential

  $17,782,620

  Hospitality

  $16,288,785

  Educational

  $13,552,078

  Medical

  $14,018,155

  Retail

  $21,081,010

Location Insight

City

Ukiah

County

Mendocino

State

California

Latitude

39.1674

Longitude

-123.21

CBSA code

46380

CBSA name

UKIAH, CA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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