776 State StUkiah, CA 95482

Property Details for 776 State St

Lot size

1.29 AC

Property type

Office properties

Property subtype

Other office properties

APN

003-072-12-00

APU

30721200

Description

This 15,000 square foot, two-story Class B office building, located at 776 S State St, Ukiah, CA 95482, offers versatile space for various business needs. Currently, 1,670 square feet are vacant, divisible into units as small as 390 square feet, with a maximum contiguous space of 2,310 square feet. The property sits on a 1.3-acre lot and provides ample on-site parking. Built in 1974, Plaza Del Sol is zoned C1 and features multiple suites ideal for traditional, executive, coworking, medical, or creative office uses. A full-service lease includes internet, electricity, gas, water, garbage, and common area restroom maintenance. The building is conveniently located on State Street in downtown Ukiah, near various amenities. The APN is 003-072-12, Mendocino County. This prime location offers a vibrant and dynamic setting for your business.

• CAP approach

  CAP return

  Valuation

  6%

  $15,413,257

  6.5%

  $14,227,622

  7%

  $13,211,363

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,309,008

  Geo Method

  $8,021,523

• Alternative Use

  Use

  Valuation

  Residential

  $17,642,252

  Hospitality

  $16,160,208

  Educational

  $13,445,103

  Medical

  $13,907,501

  Retail

  $20,914,604

Location Insight

City

Ukiah

County

Mendocino

State

California

Latitude

39.1399

Longitude

-123.207

CBSA code

46380

CBSA name

UKIAH, CA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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