Highway-Visible Flex
New
For Sale
$1,075,000
126 Dinsmore Drive, Fortuna, CA 95540
Versatile commercial improvements combine showroom, office, warehouse, and covered storage areas.
Property Size8,000 SF
Lot Size1.89 Acres
Price / SF$134.38
Days on Market5
Property Features for 126 Dinsmore Drive
General Information
Standard status
Active
Size
8,000 SF
Total Parking Spaces
25
Lot size
1.89 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
Break Room
Concrete Flooring
Natural Gas Heating
Listing Agency:
THE LAND MAN OFFICE
(707) 476-0435
Listed By:
RITA CLAIR
Source:
Corcoran
Added: Aug 7
Changed: Aug 10
Last Checked: Aug 10 at 5:46AM
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 THE LAND MAN OFFICE
Investment Insights
Based on property information with market context.
Located at 126 Dinsmore Drive in Fortuna, this flex property provides 8,000 SF of commercial space on approximately 1.89 acres. The improvements include a retail/showroom area, private office, warehouse, covered inventory storage with high ceilings, break room, and two restrooms.
Highway 101 exposure is paired with access for traffic approaching from either direction. Two driveways support separate customer, delivery, and equipment movement, while approximately 25 parking spaces and a large yard expand the property's functional capacity. The configuration accommodates a range of commercial operations requiring a combination of customer-facing space, work areas, storage, and outdoor maneuvering room.
Highway 101 exposure is paired with access for traffic approaching from either direction. Two driveways support separate customer, delivery, and equipment movement, while approximately 25 parking spaces and a large yard expand the property's functional capacity. The configuration accommodates a range of commercial operations requiring a combination of customer-facing space, work areas, storage, and outdoor maneuvering room.
Key Highlights
- 8,000 SF of commercial space on approximately 1.89 acres
- Retail/showroom area, private office, warehouse, break room, and two restrooms
- Covered inventory storage with high ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$56,671
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,133,420
$1.1M
Cap Rate 7%
$809,586
$809.6K
Cap Rate 9%
$629,678
$629.7K
Market Conditions
NOI Build-Up for 8,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$72.0K $9.00/SF
− Vacancy
−$5.3K −$0.67/SF
EGI
$66.7K $8.33/SF
− OpEx
−$10.0K −$1.25/SF
NOI
$56.7K $7.08/SF
Area
Humboldt County, CA
Vacancy
7.40%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,133,420
Cap Rate 7%
$809,586
Cap Rate 9%
$629,678
Alternative Uses
Best Use
Flex RnD
$3.02M
$2.64M – $3.52M
NOI $211,480 @ 7.0% cap · market cap 19.67%
Second Best
Retail
$2.67M
$2.34M – $3.11M
NOI $186,863 @ 7.0% cap · market cap 17.38%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
358
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 95540, CA
14,055
Population
6,087
Households
2.3
Avg Household Size
40
Median Age
24%
College-Educated
88%
High-School Grad
34.1 sq mi
ZIP Area
412
Density / Sq Mi
$62,346
Median Household Income
$37,309
Median Earnings
$1,135
Median Rent
$362,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Hunan Village — 1468 Main St, Fortuna, CA 95540
Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial improvements combine showroom, office, warehouse, and covered storage areas.
Where is this flex space located?
The property is located at 126 Dinsmore Drive Fortuna, CA.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: 8,000 SF of commercial space on approximately 1.89 acres; Retail/showroom area, private office, warehouse, break room, and two restrooms; Covered inventory storage with high ceilings
