Medical Center with Guest
For Sale
$1,098,000
200/230 Alderpoint Road, Garberville, CA 95542
Commercial Sale, Garberville, CA
Property Size3,990 SF
Lot Size8.44 Acres
Price / SF$275.19
Days on Market416
Property Features for 200/230 Alderpoint Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking
20
Directions
Redwood Drive to Alderpoint Rd. Located on right .2 miles up Alderpoint Rd.
Subdivision
South County
Standard status
Active
Size
3,990 SF
Lot size
8.44 Acres
Building Details
Roof type
Shingle
Listing Agency:
Benchmark Realty Group/ Mb
(707) 476-0200
Listed By:
Sue Ivey · License #02167374
(707) 599-4999
Added: Jul 12, 2025
Changed: Aug 19
Last Checked: Aug 31 at 10:06AM
MLS# 270109
Copyright © 2026 Humboldt Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,990-square-foot medical center is configured as a fully equipped veterinary facility with three exam rooms, a surgical suite, pharmacy, laboratory, radiology room, grooming room, treatment area, kennel space, reception area, retail area, two restrooms, private office, and storage. Durable flooring, built-in cabinetry, and finished interior materials support daily operations. Equipment and furnishings may be included if desired. The layout also offers potential use for pet grooming, boarding, other pet-related businesses, or a medical clinic.
A separate 2,150-square-foot, two-bedroom, two-bath residence is included on the 8.44-acre property. The home features hardwood floors, a wood hip ceiling in the living room, forced-air heating, air conditioning, large windows, and a newer water heater. Attached 528-square-foot guest quarters provide additional space, while the residence is currently occupied by a caretaker. The property is located at 200/230 Alderpoint Road in Garberville, California, and is zoned Commercial.
A separate 2,150-square-foot, two-bedroom, two-bath residence is included on the 8.44-acre property. The home features hardwood floors, a wood hip ceiling in the living room, forced-air heating, air conditioning, large windows, and a newer water heater. Attached 528-square-foot guest quarters provide additional space, while the residence is currently occupied by a caretaker. The property is located at 200/230 Alderpoint Road in Garberville, California, and is zoned Commercial.
Key Highlights
- 3,990‑square‑foot veterinary facility on 8.44 acres
- Three exam rooms plus surgical suite, pharmacy, lab, and radiology room
- Includes grooming room, treatment area, kennel space, retail area, and storage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$66,074
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.02%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,321,480
$1.3M
Cap Rate 7%
$943,914
$943.9K
Cap Rate 9%
$734,156
$734.2K
Market Conditions
NOI Build-Up for 3,990 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$119.7K $30.00/SF
− Vacancy
−$9.6K −$2.40/SF
EGI
$110.1K $27.60/SF
− OpEx
−$44.0K −$11.04/SF
NOI
$66.1K $16.56/SF
Area
Humboldt County, CA
Vacancy
8.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,321,480
Cap Rate 7%
$943,914
Cap Rate 9%
$734,156
Alternative Uses
Best Use
Healthcare Medical
$943.9K
$825.9K – $1.10M
NOI $66,074 @ 7.0% cap · market cap 6.02%
Second Best
Office B
$742.4K
$649.6K – $866.2K
NOI $51,969 @ 7.0% cap · market cap 4.73%
Theoretical Best
Flex RnD
$1.51M
$1.32M – $1.76M
NOI $105,476 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
248
Businesses Nearby
Explore this area
Business Placement
Demographics for 95542, CA
2,519
Population
1,429
Households
1.8
Avg Household Size
46
Median Age
21%
College-Educated
84%
High-School Grad
219.5 sq mi
ZIP Area
11
Density / Sq Mi
$45,049
Median Household Income
$31,250
Median Earnings
$1,442
Median Rent
$413,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Commercially zoned facility with specialized treatment areas, support rooms, and an adjacent caretaker residence.
Where is this medical center located?
The property is located at 200/230 Alderpoint Road Garberville, CA.
What is the asking price?
The asking price for this property is $1,098,000.
What are key features of this property?
This property features: 3,990‑square‑foot veterinary facility on 8.44 acres; Three exam rooms plus surgical suite, pharmacy, lab, and radiology room; Includes grooming room, treatment area, kennel space, retail area, and storage
