Auto Shop with Fenced
For Sale
$739,000
1232 5th Street, Eureka, CA 95501
Commercial Sale, Eureka, CA
Property Size1,464 SF
Lot Size0.30 Acres
Price / SF$504.78
Days on Market51
Property Features for 1232 5th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking
25
Directions
corner of 5th and N
Subdivision
South Bay
Standard status
Active
Size
1,464 SF
Lot size
0.30 Acres
Utilities
Heating system
Space Heater, Natural Gas
Amenities
Large awning
secure fenced and paved yard
Building Details
Flooring type
Vinyl, Concrete
Building materials
Metal Siding
Roof type
Membrane, Metal
Listing Agency:
Ming Tree, Inc.
(707) 445-4500
Listed By:
Larry O. Doss · License #01196417
(707) 599-3332
Added: Aug 25
Changed: Oct 8
Last Checked: Oct 14 at 7:06AM
MLS# 273220
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.
Investment Insights
Based on property information with market context.
This 1,464-square-foot auto shop property sits on a 0.3-acre corner parcel in downtown Eureka. The site includes a paved, fenced yard, a large awning, and alley access, with vehicle entry from multiple directions. Interior finishes include vinyl and concrete flooring, and the building has a bathroom.
The property fronts Highway 101 and includes on-site parking. Commercial zoning applies. Metal siding and membrane and metal roofing are among the building’s exterior features.
The property fronts Highway 101 and includes on-site parking. Commercial zoning applies. Metal siding and membrane and metal roofing are among the building’s exterior features.
Key Highlights
- 1,464‑square‑foot auto shop property on 0.3 acres
- Highway 101 frontage in downtown Eureka
- Corner parcel with alley access and vehicle entry from multiple directions
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Auto shop - A paved, enclosed yard and vehicle access from multiple directions support a range of automotive business configurations.
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: 1,464‑square‑foot auto shop property on 0.3 acres; Highway 101 frontage in downtown Eureka; Corner parcel with alley access and vehicle entry from multiple directions
