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

    Central Avenue McKinleyville, CA 95519

    View on Map
    For Sale
    $395,000

    COMMERCIAL - McKinleyville, CA

    Lot size:
    5.75 Acres
    Added:
    Aug 27, 2024
    Days on Market:
    583
    Last Refresh:
    Apr 1 at 12:06 pm

    Property Features for Central Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active
    Lot size
    5.75 Acres

    We can help!

    Listing Contact
    Eric Cecchin
    Eric Cecchin

    Listing agent Eric Cecchin License #01200438

    Listing office Forbes & Associates - Eric Cecchin 1807 Central Avenue, CA

    Listing date Aug 27, 2024

    MLS# 267673

    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

    Commercial Land in McKinleyville, CA

    This property features 5.75 acres of land zoned Community Commercial (C-2). It is located in a high-traffic, high-visibility area near the town center of McKinleyville, California, and is close to Highway 101 and the airport. The zoning permits stores, agencies, and services of a light commercial character conducted within an enclosed building. Permitted uses include antique shops, art galleries, retail bakeries, banks, barber shops, beauty salons, book stores, clothing and apparel stores, coin-operated dry cleaning and laundries, dry cleaning and laundry agencies, drug stores, florists, food markets, furniture stores, hardware and appliance stores, radio and television sales and services, restaurants and licensed premises, automobile service stations, studios, tailor shops, enclosed theaters, variety stores, and mortuaries.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    McKinleyville
    County
    Humboldt
    State
    California
    Longitude
    -124.101339
    Latitude
    40.956632

    Nearby Similar for Sale

    • $199,000

      Corner Lot with Development Potential

      Sun-drenched corner lot ready for development in McKinleyville, CA.
      1266 Perini Road, McKinleyville, CA 95519
      View Details
    • $564,900
      1,842 SF

      Remodeled Home with ADU Studio

      McKinleyville home with remodeled main house and separate ADU.
      1968 Cascara Street, McKinleyville, CA 95519
      View Details
    • $500,000

      McKinleyville Acreage with Creek Access

      Large lot in new neighborhood, close to Hammond Trail.
      2973 Springer Drive, McKinleyville, CA 95519
      View Details
    • $425,000

      Ocean View Land Parcel

      Ocean view land with Coastal Development Permit in McKinleyville.
      3002 Sand Pointe Drive, McKinleyville, CA 95519
      View Details
    • $1,650,000
      1,400 SF

      McKinleyville Commercial Development Opportunity

      13-acre parcel zoned for residential and commercial use.
      2484 Central Avenue, McKinleyville, CA 95519
      View Details
    • $649,000

      20 Acres Agricultural Timber Property

      20 acres of agricultural timber land in Fieldbrook, California.
      1085 Tip Top Ridge Road, Fieldbrook, CA 95519
      View Details
    • $395,000
      250,470 SF

      McKinleyville Commercial Land For Sale

      5.75 acres of commercial land in high-traffic McKinleyville location.
      Central Avenue, McKinleyville, CA 95519
      View Details
    • $395,000

      McKinleyville Land with Commercial Potential

      4.2 acre lot in McKinleyville, CA with commercial zoning.
      Central Avenue lot: 19, McKinleyville, CA 95519
      View Details
    • $149,000

      McKinleyville Lot with Ocean View

      Desirable lot in McKinleyville neighborhood with potential ocean views.
      1163 Chelsea Way, McKinleyville, CA 95519
      View Details
    • $120,000

      McKinleyville Land Ready to Build

      Large flat lot with water and sewer on site.
      2150 Dogwood Road, McKinleyville, CA 95519
      View Details
    • $299,000

      Fieldbrook Land with End Privacy

      Flat, usable 10.05-acre Fieldbrook property with end-of-road privacy.
      Tonopah Lane, Fieldbrook, CA 95519
      View Details
    • $395,000

      5.75 Acres Commercial Land

      5.75 acres of commercial land in high-traffic McKinleyville location.
      0 Central Ave, McKinleyville, CA, 95519
      View Details

    FAQs

    What type of property is this?
    Commercial land - 5.75 acres of commercial land in high-traffic McKinleyville location.
    Where is this commercial land located?
    The property is located at Central Avenue McKinleyville, CA.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: 5.75 Acres zoned Community Commercial (C‑2).; High traffic/high visibility location.; Close to the town center of McKinleyville.
    (707) 498-1817
    We can help!
    Listing Contact
    Eric Cecchin
    Eric Cecchin
    Real Estate License ID: 01200438
    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!