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Property profile & analytics
OFF-MARKET
Commercial real estate

76440 Covelo Rd Covelo, CA 95428

0.21 ac lot
Trust Owned 14-yr Hold Free & Clear
Property ID
US09-2912947
Property summary
AI-generated overview

This exceptional mixed-use property, situated at 76440 Covelo Road in Covelo, California, presents a unique investment opportunity. Spanning 0.22 acres, the 1800-square-foot building offers immense potential for a variety of businesses. Its ideal location within the town of Covelo ensures high visibility and accessibility. The property is particularly well-suited for automotive, welding, or fabrication businesses, thanks to the existing three-phase power already installed on-site. The ample interior space is complemented by generous outdoor areas, providing flexibility for operations and storage. This turnkey property is ready for immediate occupancy, allowing entrepreneurs to establish their ventures without delay. The asking price of $225,000 represents a compelling value for a property with such versatile potential and a prime location in a thriving community. This is an exceptional chance to own a well-positioned commercial property in Covelo, ready for your business vision. Don't miss this opportunity to secure a thriving business location in a desirable area. Contact us today to schedule a viewing.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.21 ac (9,019 SF)
APN 033-230-11-00
UPID US09-2912947
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Heppler Bruce & Janet Trust · 14 yrs held
Heppler Bruce & Janet Trust
since 2012
2 recorded transactions
2024
Price N/A
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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