Auto Shop with Fenced
For Sale
$739,000
1232 5th Street, Eureka, CA 95501
Highway frontage, alley access, and a paved fenced yard support vehicle-oriented operations.
Property Size1,464 SF
Price / SF$504.78
Days on Market51
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Property Features for 1232 5th Street
General Information
Standard status
Active
Size
1,464 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Amenities
Large awning
paved yard
Concrete Flooring
Natural Gas Heating
Space Heating
Vinyl Flooring
Listing Agency:
MING TREE, INC.
(707) 445-4500
Listed By:
LARRY O. DOSS · License #01196417
(707) 599-3332
Source:
Corcoran
Added: Aug 26
Changed: Oct 1
Last Checked: Oct 14 at 11:23PM
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 MING TREE, INC.
Investment Insights
Based on property information with market context.
This auto shop property includes a large awning, a secure fenced yard, and paved outdoor areas. Its corner-lot configuration provides vehicle access from multiple directions, while the existing layout can be customized for a business operation. The property also includes parking associated with the site.
Positioned in downtown Eureka along Highway 101, the property occupies a high-traffic setting with prominent exposure. An alley adds another access point, complementing the corner position and supporting convenient vehicle movement. The site combines a business location with visible frontage and secured outdoor space.
Positioned in downtown Eureka along Highway 101, the property occupies a high-traffic setting with prominent exposure. An alley adds another access point, complementing the corner position and supporting convenient vehicle movement. The site combines a business location with visible frontage and secured outdoor space.
Key Highlights
- Highway 101 frontage in downtown Eureka
- Corner‑lot setting with vehicle access from multiple directions
- Secure fenced and paved yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,196
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,920
$683.9K
Cap Rate 7%
$488,514
$488.5K
Cap Rate 9%
$379,956
$380.0K
Market Conditions
NOI Build-Up for 1,464 SF
Gross rent
$54.5K $37.20/SF
− Vacancy
−$5.6K −$3.83/SF
EGI
$48.9K $33.37/SF
− OpEx
−$14.7K −$10.01/SF
NOI
$34.2K $23.36/SF
Area
Humboldt County, CA
Vacancy
10.30%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,920
Cap Rate 7%
$488,514
Cap Rate 9%
$379,956
Alternative Uses
Best Use
Retail
$488.5K
$427.5K – $569.9K
NOI $34,196 @ 7.0% cap · market cap 4.63%
Second Best
Industrial
$122.0K
$106.8K – $142.4K
NOI $8,541 @ 7.0% cap · market cap 1.16%
Theoretical Best
Flex RnD
$552.9K
$483.8K – $645.0K
NOI $38,701 @ 7.0% cap · market cap 5.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,774
Businesses Nearby
18k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Chase Bank
Shops & Services
6,056 visits/mo
0.5 miles
U.S. Bank
Shops & Services
4,862 visits/mo
0.3 miles
Chevron
Shops & Services
3,805 visits/mo
0.1 miles
Umpqua Bank
Shops & Services
3,665 visits/mo
0.4 miles
Demographics for 95501, CA
23,323
Population
10,577
Households
2.2
Avg Household Size
38
Median Age
34%
College-Educated
90%
High-School Grad
7.3 sq mi
ZIP Area
3,195
Density / Sq Mi
$55,076
Median Household Income
$34,476
Median Earnings
$1,151
Median Rent
$389,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Auto shop - Highway frontage, alley access, and a paved fenced yard support vehicle-oriented operations.
Where is this auto shop located?
The property is located at 1232 5th Street Eureka, CA.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: Highway 101 frontage in downtown Eureka; Corner‑lot setting with vehicle access from multiple directions; Secure fenced and paved yard
