Flower Shop
119 N State, Ukiah, CA 95482
For Sale
New
$80,000
The premises have housed a flower shop for 50 years.
Property Size3,000 SF
Price / SF$26.67
Days on Market5
Property Features for 119 N State
General Information
Standard status
Size
Property subtype
Additional Details
Business Included
Amenities
Central air
Carpet Flooring
Central Cooling
Central Heating
Linoleum Flooring
Listing Agency:
COLDWELL BANKER MENDO REALTY
4625400
Listed By:
CELESTE C RODRIGUEZ · License CA #01899656
(707) 272-5549
Source:
Corcoran
Added: Nov 7
Changed: Nov 8
Last Checked: Nov 10 at 8:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER MENDO REALTY
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,000-square-foot storefront at 119 N State in Ukiah has a long history as a flower shop. Rain Forest Fantasy has operated there for 50 years, making the property associated with an established floral business.
Key Highlights
- 3,000 square feet of storefront space
- Flower shop use spanning 50 years
- 119 N State, Ukiah, CA 95482
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,877
Cap Rate
7.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$117,540
$117.5K
Cap Rate 7%
$83,957
$84.0K
Cap Rate 9%
$65,300
$65.3K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$9.4K $3.12/SF
− Vacancy
−$964 −$0.32/SF
EGI
$8.4K $2.80/SF
− OpEx
−$2.5K −$0.84/SF
NOI
$5.9K $1.96/SF
Area
Mendocino County, CA
Vacancy
10.30%
Lease Rate
$3.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$117,540
Cap Rate 7%
$83,957
Cap Rate 9%
$65,300
Alternative Uses
Best Use
Retail
$84.0K
$73.5K – $98.0K
NOI $5,877 @ 7.0% cap · market cap 7.35%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$1.12M
$981.4K – $1.31M
NOI $78,512 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,194
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 95482, CA
33,276
Population
13,143
Households
2.5
Avg Household Size
39
Median Age
21%
College-Educated
84%
High-School Grad
294.2 sq mi
ZIP Area
113
Density / Sq Mi
$70,063
Median Household Income
$38,707
Median Earnings
$1,335
Median Rent
$473,000
Median Home Value
Market
Average Price Trend$/SF for Storefront properties in Mendocino County, CA
Properties on Market for Storefront properties in Mendocino County
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Maricels Flower Shop — 770 S Boyle Ave, Los Angeles, CA 90023
- TFS Studio — 605 S Santa Fe Ave, Los Angeles, CA 90021
- The Velvet Garden — 622 S Anderson St #104, Los Angeles, CA 90023
- Flowers By Number, LLC — 622 S Anderson St, Los Angeles, CA 90023
- FlowersByNumber — 363 S Clarence St, Los Angeles, CA 90033
Frequently Asked Questions
What type of property is this?
Storefront property - The premises have housed a flower shop for 50 years.
Where is this storefront property located?
The property is located at 119 N State Ukiah, CA.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: 3,000 square feet of storefront space; Flower shop use spanning 50 years; 119 N State, Ukiah, CA 95482
