Sign Up Successful!
You now have access to more from Realmo!
    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

    308 G St Crescent City, CA 95531

    Sponsored
    For Sale
    $142,000

    COMMERCIAL/INDUST - Crescent City, CA

    Type:Single Family Residence
    Lot size:
    0.21 Acres
    Days on Market:
    243
    Last Refresh:
    Jan 26 at 9:06 am

    Property Features for 308 G St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    118-130-039-000
    Exterior features
    No
    Lot size
    0.21 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Ashley Lee
    Ashley Lee

    CALIFORNIA DREAMIN' (707) 951-0100

    Listing agent Ashley Lee (707) 460-2000 License #02119190

    Listing date May 29, 2025

    MLS# 250233 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.

    Learn more

    Property Insight Report

    Overview

    Prime Commercial Land Opportunity

    This vacant commercial land parcel is strategically positioned downtown, moments from the ocean. The 0.21-acre lot offers convenient access to water and sewer lines. The property is located in Crescent City, CA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -124.1991727
    Latitude
    41.7517602

    Nearby Similar for Sale

    • $898,000
      8,830 SF

      Oceanview Warehouse with Loft Apartment

      Downtown Crescent City warehouse with loft apartment and ocean views.
      347 2Nd St, Crescent City, CA 95531
      View Details
    • $1,350,000
      5,224 SF

      Medical Office Building For Sale

      Turnkey medical office building near Sutter Coast Hospital.
      1771 Northcrest Dr, Crescent City, CA 95531
      View Details
    • $689,000
      8,086 SF

      Income Property on Highway 101

      Mixed-use property with multiple income streams and highway frontage.
      101 M St, Crescent City, CA 95531
      View Details
    • $669,000
      3,320 SF

      Coastal Home with Ocean Views

      Well-maintained duplex near Pebble Beach with ocean views and rental potential.
      360 Grand Ave, Crescent City, CA 95531
      View Details
    • $2,495,000
      800 SF

      Senior Community Investment Opportunity

      Well-maintained 55+ community on 6.38 acres near amenities.
      650 E Washington Blvd, Crescent City, CA 95531
      View Details
    • $199,000
      3,006 SF

      Downtown Crescent City Triplex Opportunity

      Triplex in downtown Crescent City with long-term tenants.
      608 G St, Crescent City, CA 95531
      View Details
    • $395,000
      3,360 SF

      Versatile Commercial Building on Large Lot

      3,360 sq ft commercial building on nearly one acre.
      160 Elk Valley Rd, Crescent City, CA 95531
      View Details
    • $529,000
      1,900 SF

      Crescent City Triplex For Sale

      Triplex in Crescent City, CA. More information to come.
      125 W Washington Blvd, Crescent City, CA 95531
      View Details
    • $425,000
      1,064 SF

      Mixed-Use Property in Crescent City

      Commercial building and remodeled home on a large lot.
      1718 Northcrest Dr, Crescent City, CA 95531
      View Details
    • $495,000
      2,280 SF

      Versatile Commercial Property Near Highway 101

      Two-story commercial building with flexible space and high visibility.
      1182 8Th St, Crescent City, CA 95531
      View Details
    • $350,000
      1,500 SF

      Commercial Property on Major Roadway

      Paved commercial lot with building on a major roadway.
      1340 Northcrest Dr, Crescent City, CA 95531
      View Details
    • $525,000
      1,440 SF

      New Triplex in Crescent City

      Modern triplex built in 2025, ideal for rental income.
      580 Childs Ave, Crescent City, CA 95531
      View Details

    FAQs

    What type of property is this?
    Land - Commercial land downtown, close to the ocean, utilities available.
    Where is this land located?
    The property is located at 308 G St Crescent City, CA.
    What is the asking price?
    The asking price for this property is $142,000.
    What are key features of this property?
    This property features: - Prime commercial land in a strategic downtown location; - Close proximity to the ocean; - Convenient access to water and sewer lines
    (707) 372-6711
    Request Owner's contact information
    308 G St Crescent City, CA 95531
    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.
    308 G St
    Crescent City, CA 95531
    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
    308 G St Crescent City, CA 95531
    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
    Ashley Lee
    Ashley Lee
    Real Estate License ID: 02119190
    (707) 372-6711
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.