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    Oceanfront Development Opportunity in Crescent City Title is generated by Realmo AI

    200 A, Crescent City, CA 95531

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    Claim this Listing
    For Sale
    $950,000

    LAND ONLY - Crescent City, CA

    Lot size:
    1.24 Acres
    Added:
    Feb 18, 2026
    Days on Market:
    89
    Last Refresh:
    May 18 at 3:06 am

    Property Features for 200 A

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    CZCD
    Standard status
    Active
    APN
    118-020034-000
    Lot size
    1.24 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Erik Tedsen

    Listing agent Erik Tedsen License #02131686

    Listing office INVESTMENT REALTY HOMES INC. 1495 PARKWAY, Crescent City, CA

    Listing date Feb 18, 2026

    MLS# 260054 Listing URL

    Copyright © 2026 Del Norte 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.

    HighLights

    • Premier oceanfront development opportunity for a 37‑unit townhome condominium project directly along the Pacific Ocean.
    • Approved entitlements for 37 units, structured parking, coastal access amenities, and site improvements.
    • Located in the Coastal Zone and Waterfront Commercial District, with approved residential use.
    • Site remediation and demolition of existing structure completed in 2023, reducing upfront development risk.
    • Walking distance to Battery Point Lighthouse and unobstructed coastal access.
    • Proximity to revitalized Crescent City Harbor, year‑round tourism, local dining/breweries, and Redwood Forest.

    Overview

    This 1.25-acre oceanfront property in Crescent City, California, presents a development opportunity for Costa Norte, a 37-unit townhome condominium project. The site fronts A Street and is located within walking distance of Battery Point Lighthouse, providing unobstructed coastal access. Situated just 20 minutes south of the Oregon border, the property resides within the Coastal Zone and Waterfront Commercial District, where the approved residential use is permitted under current entitlements. The project has approvals for 37 units, a structured parking facility, coastal access amenities, and associated site improvements. Crescent City is becoming a Northern California coastal destination, supported by the revitalized Crescent City Harbor, year-round tourism, local dining and breweries, and proximity to the Redwood Forest. The demolition of the existing 9,000-square-foot structure and site remediation were completed in 2023. Approved plans will require updates to meet current Title 23 code requirements. This property is intended for condominium sales, second-home buyers, or long-term hold strategies.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kimble Martin D Pediatrician Rotin Christine Employment Agency Dr. Toshiaki Takeyasu, ... Dental Office Wellman Susan M ... Dental Office

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Crescent City
    County
    Del Norte
    State
    California
    Longitude
    -124.2040947
    Latitude
    41.7481945

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    FAQs

    What type of property is this?
    Commercial land - 1.25-acre oceanfront land for 37-unit townhome project.
    Where is this commercial land located?
    The property is located at 200 A Crescent City, CA.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Premier oceanfront development opportunity for a 37‑unit townhome condominium project directly along the Pacific Ocean.; Approved entitlements for 37 units, structured parking, coastal access amenities, and site improvements.; Located in the Coastal Zone and Waterfront Commercial District, with approved residential use.
    (707) 954-6683
    We can help!
    Listing Contact
    Erik Tedsen
    Real Estate License ID: 02131686
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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