Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    290 Seminary Ave Ukiah, CA 95482

    View on Map
    Sponsored
    For Sale
    $740,000

    Mixed Use - Ukiah, CA

    Type:Mixed Use
    Property size:
    8,472 SF
    Lot size:
    0.55 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 9 at 11:06 pm

    Property Features for 290 Seminary Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    C1
    APN
    002-263-04-00
    EntryLevel
    Carpet,Concrete Slab
    Size
    8,472 SF
    Lot size
    0.55 Acres

    Building Details

    Floors in Building
    2
    Flooring type
    Carpet, Concrete
    Building materials
    Concrete
    Roof type
    Flat
    Architectural style
    Other

    We can help!

    Listing Contact
    Patrick J Reda

    Palma Properties, Inc (415) 265-0088

    Listing agent Patrick Reda (707) 590-4304 License #01982497

    Listing date Mar 7, 2026

    MLS# 325049797 Listing URL

    Copyright © 2026 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Ukiah Mixed-Use Investment Opportunity

    This mixed-use property is located in the heart of downtown Ukiah, California. The property includes five commercial units and two residential units. Situated on a C1 zoned half-acre lot with a size of 0.5467 acres, the property offers potential for various uses. The building has a total size of 8472 square feet. Tenants are responsible for all utilities and garbage expenses, and each unit has a separate electric meter. The C1 zoning allows for many potential future and current uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Ukiah
    County
    Mendocino
    State
    California
    Longitude
    -123.2085336
    Latitude
    39.1474231

    Nearby Similar for Sale

    • $425,000
      0.40 Acres

      Ukiah Office Building For Sale

      Charming office building with development potential in Ukiah, California.
      154 E Gobbi St, Ukiah, CA 95482
      View Details
    • $289,000
      2,000 SF

      Downtown Ukiah Commercial Space Available

      Prime commercial space in Ukiah's established business district.
      252 N State St, Ukiah, CA 95482
      View Details
    • $289,000
      2,000 SF

      Ukiah Commercial Space For Sale

      Prime commercial space in Ukiah's established business district.
      252 N State St, Ukiah, CA 95482
      View Details
    • $575,000
      2,676 SF

      Ukiah Commercial Office Property

      Two well-maintained office buildings with income and long-term potential.
      721 S Dora St, Ukiah, CA 95482
      View Details
    • $1,200,000
      10,600 SF

      Historic Mixed-Use Building in Ukiah

      Historic 10,600 SF commercial building near downtown Ukiah, California.
      224 N Oak St, Ukiah, CA 95482
      View Details
    • $349,500
      1,250 SF

      Ukiah Office/Retail Building For Sale

      Two-unit office/retail building near courthouse and downtown Ukiah.
      185 E Church St, Ukiah, CA 95482
      View Details
    • $289,000
      2,000 SF

      Downtown Ukiah Commercial Space Available

      Prime commercial space in Ukiah's established business district.
      252 N State St, Ukiah, CA 95482
      View Details
    • $2,000,000
      15,000 SF

      Renovated Industrial Investment Opportunity

      Recently renovated, fully leased industrial building in Ukiah, California.
      902 Waugh Ln, Ukiah, CA 95482
      View Details
    • $1,700,000
      14,160 SF

      Highway-Accessible Industrial Investment Opportunity

      Three-building industrial complex near Highway 101 in Ukiah, California.
      2020 Industry Rd, Ukiah, CA 95482
      View Details
    • $1,600,000
      11,146 SF

      Historic Mixed-Use Building in Ukiah

      Iconic downtown Ukiah building with mixed-use space for sale.
      102 S State St, Ukiah, CA 95482
      View Details
    • $1,200,000
      10,600 SF

      Historic Moderne Style Commercial Building

      10,600 sq. ft. commercial building near downtown.
      224 N Oak St, Ukiah, CA 95482
      View Details
    • $399,000
      7,700 SF

      Downtown Ukiah Retail Opportunity

      Retail and restaurant spaces in downtown Ukiah, totaling 7,700 SF.
      295 N State St, Ukiah, CA 95482
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with C1 zoning in downtown Ukiah.
    Where is this mixed-use property located?
    The property is located at 290 Seminary Ave Ukiah, CA.
    What is the asking price?
    The asking price for this property is $740,000.
    What are key features of this property?
    This property features: - 10% CAP Rate: Excellent investment opportunity.; - Mixed-use building with commercial and residential units.; - C1 zoning allows for diverse uses.
    (707) 590-4304
    Request Owner's contact information
    290 Seminary Ave Ukiah, CA 95482
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    290 Seminary Ave
    Ukiah, CA 95482
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    290 Seminary Ave Ukiah, CA 95482
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Patrick J Reda
    Real Estate License ID: 01982497
    (707) 590-4304 (925) 283-2340 5904304
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!