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

    2950 Terrace Avenue Arcata, CA 95521

    View on Map
    Claim this Listing
    For Sale
    $50,000

    LAND - Arcata, CA

    Type:Single Family Residence
    Lot size:
    0.40 Acres
    Added:
    Apr 9, 2026
    Days on Market:
    9
    Last Refresh:
    Apr 17 at 2:06 pm

    Property Features for 2950 Terrace Avenue

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Zoning
    Single Family
    Standard status
    Active
    Lot size
    0.40 Acres

    We can help!

    Listing Contact
    Jonathan Minerick
    Jonathan Minerick

    Listing agent Jonathan Minerick License #01523060

    Listing office Homecoin.com 600 B St Ste 300, San Diego, CA

    Listing date Apr 9, 2026

    MLS# 271984 Listing URL

    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.

    Overview

    Arcata Land with Redwood Trees

    This property features two steep lots with mature redwood trees. A drainage easement runs between the parcels. The lots offer views overlooking Arcata. The zoning is Single Family.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Arcata
    County
    Humboldt
    State
    California
    Longitude
    -124.078337
    Latitude
    40.881542

    Nearby Similar for Sale

    • $1,980,000
      7,575 SF

      Arcata Commercial Investment Opportunity

      Commercial property with NAPA Auto Parts and other tenants.
      1225 Giuntoli Lane, Arcata, CA 95521
      View Details
    • $120,000
      2,350 SF

      Turnkey Pizza Shop in Arcata

      Thriving pizza shop for sale in high-demand college town.
      1116 11th Street, Arcata, CA 95521
      View Details
    • $899,000

      Arcata Land with Development Potential

      Over 7 acres of wooded land with development potential.
      E 16th Street, Arcata, CA 95521
      View Details
    • $659,900
      3,400 SF

      Arcata Duplexes on Oversized Lot

      Two duplexes near Cal Poly Humboldt with strong income potential.
      1666-1690 Stewart Avenue, Arcata, CA 95521
      View Details
    • $120,000
      2,350 SF

      COMMERCIAL - Arcata, CA

      Thriving pizza shop in high-demand college town.
      1116 11Th St, Arcata, CA 95521
      View Details
    • $700,000

      Arcata Land with Approved Plans

      1.5+ acre land with approved storage unit development plans.
      Mad River Parkway, Arcata, CA 95521
      View Details
    • $2,400,000
      10,480 SF

      Income Property Near Cal Poly Humboldt

      Income-producing property with development potential near Cal Poly Humboldt.
      3122 St Louis Road, Arcata, CA 95521
      View Details
    • $1,300,000
      5,600 SF

      Arcata Mixed-Use Commercial Property

      Mixed-use property with four tenants and additional construction area.
      815 J Street, Arcata, CA 95521
      View Details
    • $650,000

      Arcata Mixed-Use Investment Opportunity

      Mixed-use property in Arcata's historic downtown with commercial and residential units.
      632 9th Street, Arcata, CA 95521
      View Details
    • $725,000
      2,056 SF

      Arcata Multi-Family Income Opportunity

      Income-generating property near town center and walking trails.
      757 Park Avenue, Arcata, CA 95521
      View Details
    • $695,000
      4,096 SF

      Arcata Multifamily Property Near University

      Multifamily property with upside potential near Cal Poly Humboldt.
      3030 Alliance Rd, Arcata, CA 95521
      View Details
    • $1,495,000
      8,000 SF

      Versatile Office Building in Arcata

      8,000 SF office building suitable for various uses.
      4555 Valley West Boulevard, Arcata, CA 95521
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Two steep lots with mature redwood trees and views.
    Where is this residential land & home lot located?
    The property is located at 2950 Terrace Avenue Arcata, CA.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: Views overlooking Arcata.; Mature redwood trees provide a serene backdrop.; Two lots.
    (888) 400-2513
    We can help!
    Listing Contact
    Jonathan Minerick
    Jonathan Minerick
    Real Estate License ID: 01523060
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!