2715 Hubbard LnEureka, CA 95501

Property Details for 2715 Hubbard Ln

Year built

1982

Lot size

0.42 AC

Property size (Sq ft)

2,694 SF

Zone code

CG

Property type

Commercial real estate

APN

016-152-024-000

APU

16152024000

Description

This exceptional commercial property, located at 2715 Hubbard Lane in Eureka, California (zip code 95501), presents a unique opportunity for businesses seeking a versatile and strategically located space. The property encompasses a substantial 2,694 square feet of office space within a single-tenant building situated on a 0.42-acre lot. Its prime location in the desirable Myrtletown area of Eureka, positioned between Myrtle Avenue and Hubbard Lane, offers excellent visibility and accessibility. The property boasts ample parking and attractive landscaping, enhancing its curb appeal and functionality. The building is zoned for commercial use, providing flexibility for a wide range of business types. This property is currently available for both sale and lease, offering prospective buyers and tenants the flexibility to choose the option that best suits their business needs. The property's single-suite layout provides a cohesive and efficient workspace. This well-maintained property represents an excellent investment opportunity in a thriving Humboldt County market. The property's size and location make it ideal for a variety of commercial uses. Serious inquiries are encouraged to explore this exceptional opportunity further.

• CAP approach

  CAP return

  Valuation

  6%

  $550,254

  6.5%

  $507,927

  7%

  $471,646

• Comparable approach

  Method

  Valuation

  Relative Method

  $384,649

  Geo Method

  $384,649

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,061,660

  Retail / Commercial

  $532,341

  Mixed-Use / Specialty

  $520,930

  Hospitality / Lodging

  $369,804

  Office

  $507,927

  Institutional / Educational

  $538,158

  Residential Income

  $629,644

  Multifamily

  $807,901

  Automotive / Energy

  $461,278

  Parking / Income-Based Land

  $168,580

  Restaurant / Food Service

  $250,637

  Healthcare / Senior Housing

  $543,960

Location Insight

City

Eureka

County

Humboldt

State

California

Latitude

40.7832

Longitude

-124.13

CBSA code

21700

CBSA name

EUREKA-ARCATA-FORTUNA, CA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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