317 3Rd StEureka, CA 95501

  • Office properties
  • 14,362 SF
For Lease

Property Details for 317 3Rd St

Year built
1900
Construction
WOOD
Lot size
0.22 AC
Property size (Sq ft)
14,362 SF
Zone code
CW
Property type
Office properties
Property subtype
Other office properties
APN
001-093-008-000
APU
1093008000

Description

This exceptional office suite, located on the second floor of a building in Old Town Eureka, offers a convenient and cost-effective workspace. The suite encompasses 459 square feet, divided into two separate offices, ideal for a small business or individual professional. Its central Old Town location provides easy access to a variety of services and amenities. The building itself boasts a shared kitchen area and a conference room, fostering a collaborative environment. Multiple restrooms are conveniently located throughout the building for tenant use. The suite is part of a single-tenant occupancy building situated on a half-acre lot. The monthly rent is $550, with an additional $138 per month covering a pro-rata share of utilities and common area janitorial services (30 cents per square foot). This translates to a total monthly expense of $688. This is a single-tenant occupancy building with multiple professional office tenants. The property is classified as both office and land, making it a versatile option for various business needs. The property's address is 317 3rd St Ste 209/210.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,588,350
    6.5%
    $2,389,246
    7%
    $2,218,586
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,050,606
    Geo Method
    $2,050,606
  • Alternative Use

    Use
    Valuation
    Residential
    $2,962,665
    Hospitality
    $2,713,786
    Educational
    $2,257,838
    Medical
    $2,335,488
    Retail
    $3,512,192
317 3Rd St, Eureka, California

Location Insight

City
Eureka
County
Humboldt
State
California
Latitude
40.8036
Longitude
-124.168
CBSA code
21700
CBSA name
EUREKA-ARCATA-FORTUNA, CA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$9,095
$244,800
$622,200
$867,000
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FAQs

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