Building Details

Floors in Building 1

Flooring type Concrete

Roof type Membrane

Listing Agency: Ming Tree, Inc. Show Phone

Listed By: Larry O. Doss · License #01196417 Show Phone

Added: Apr 14 Changed: Oct 13 Last Checked: Oct 14 at 5:06AM

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MLS# 272022

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 2,348-square-foot automotive shop sits on a 0.35-acre site composed of two parcels. Concrete flooring and a membrane roof serve the building, which is zoned Commercial. A billboard lease is included with the property.

The site has 125 feet of frontage along Highway 101, plus 119.5 feet on Cedar Street. The property is located at 1314 Broadway Street in Eureka, California.

Key Highlights

• 2,348‑square‑foot automotive shop on 0.35 acres across two parcels
• 125 feet of frontage on Highway 101
• 119.5 feet of side‑street frontage on Cedar Street

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$54,844

Cap Rate

5.54%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,096,880 $1.1M

Cap Rate 7%

$783,486 $783.5K

Cap Rate 9%

$609,378 $609.4K

Market Conditions

NOI Build-Up for 2,348 SF

Gross rent

$87.3K $37.20/SF

− Vacancy

−$9.0K −$3.83/SF

EGI

$78.3K $33.37/SF

− OpEx

−$23.5K −$10.01/SF

NOI

$54.8K $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%

$1,096,880

Cap Rate 7%

$783,486

Cap Rate 9%

$609,378

Alternative Uses

Best Use

Retail

$783.5K

$685.6K – $914.1K (±1% cap)

NOI $54,844 @ 7.0% cap · market cap 5.54%

Second Best

Industrial

$195.7K

$171.2K – $228.3K (±1% cap)

NOI $13,698 @ 7.0% cap · market cap 1.38%

Theoretical Best

Flex RnD

$886.7K

$775.9K – $1.03M (±1% cap)

NOI $62,069 @ 7.0% cap · market cap 6.27%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Dan's Auto Electric ... Auto Repair Shop

Suggested Use

Top Pick Dental Office Computer & Electronic Repair Catering Service Florist Real Estate Agency (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

998

Businesses Nearby

4k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Hotels & Casinos 100%

Best Western Plus Humboldt Bay Inn Hotels & Casinos

4,022 visits/mo 0.5 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

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this auto shops located? What is the asking price? Find similar properties What are key features of this property?

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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?

Auto shop - A commercial shop spans two parcels and includes a billboard lease.

Where is this auto shop located?

The property is located at 1314 Broadway Street Eureka, CA.

What is the asking price?

The asking price for this property is $990,000.

What are key features of this property?

This property features: 2,348‑square‑foot automotive shop on 0.35 acres across two parcels; 125 feet of frontage on Highway 101; 119.5 feet of side‑street frontage on Cedar Street