449 Clark StEureka, CA 95501

Property Details for 449 Clark St

Lot size

0.35 AC

Zone code

ML

Property type

Retail space

APN

003-131-007-000

APU

3131007000

Description

This exceptional 13,500-square-foot commercial warehouse, situated at 449 W Clark Street in Eureka, California, presents a compelling investment opportunity. Ideally positioned off Broadway and Highway 101, this property boasts convenient access and high visibility. Built in 1985 and meticulously maintained, the warehouse features a versatile layout including dedicated office space and a mezzanine area, enhancing its functionality. Multiple roll-up doors facilitate efficient loading and unloading, while perimeter fencing and sidewalk access ensure security and ease of movement. The property sits on a 0.35-acre lot and is equipped with 220-volt power, catering to a wide array of business needs. Its strategic location within a high-traffic area promises strong potential for return on investment. The property is classified as both industrial and commercial, offering flexibility for various uses. This well-maintained building presents a rare opportunity to acquire a substantial and strategically located warehouse in a thriving area of Humboldt County, CA, zip code 95501. The asking price is $1,250,000.

• CAP approach

  CAP return

  Valuation

  6%

  $4,038,805

  6.5%

  $3,728,128

  7%

  $3,461,833

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,485,236

  Geo Method

  $5,485,236

• Alternative Use

  Use

  Valuation

  Residential

  $3,144,815

  Hospitality

  $2,880,634

  Educational

  $2,396,653

  Medical

  $2,479,078

  Retail

  $3,728,128

Location Insight

City

Eureka

County

Humboldt

State

California

Latitude

40.7963

Longitude

-124.176

CBSA code

21700

CBSA name

EUREKA-ARCATA-FORTUNA, CA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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