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Gated Flex Industrial Property
For Sale
$649,000

1397 Eeloa Avenue, Rio Dell, CA 95562

Secure, gated industrial site with a tall metal building, commercial kitchen, and two roll-up doors for flexible operations.

Property Size7,000 SF
Lot Size2.50 Acres
Price / SF$92.71
Days on Market126

Property Features for 1397 Eeloa Avenue

General Information

Standard status Active
Size 7,000 SF
Lot size 2.50 Acres
Property subtype Commercial

Warehouse & Industrial

Clear Height 25 ft
Drive-In Doors 2

Additional Details

Fenced Yard Yes
Commercial Hood Yes
Listing Agency: C.B. COMMERCIAL PACIFIC PARTNERS REAL ESTATE
Listed By: JB MATHERS · License #01872025
Source: Corcoran
Added: Jun 3 Changed: Oct 1 Last Checked: Oct 5 at 7:07PM

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 C.B. COMMERCIAL PACIFIC PARTNERS REAL ESTATE

Investment Insights

Based on property information with market context.

This approximately 2.5-acre flat commercial/industrial site is fully gated, fenced, and secured, offering a controlled setting for a variety of uses. The primary improvement is a ±4,000-square-foot, 25-foot tall metal building that includes a commercial kitchen area, an interior two-story structure, a restroom, and ample power and lighting. Access is supported by two roll-up doors, and the kitchen area is described as flexible for customization. An attached ±3,000-square-foot two-story building is also included, with a kitchen and bath, creating additional space for separate operations or an expanded workflow.

The property is offered for sale as a combined site, positioned to support owner-users or investors seeking an industrial platform with multiple structures. With two buildings and both roll-up door access and dedicated kitchen/bath space, the site can accommodate businesses that need both production/storage functionality and specialized interior capabilities.

Tenants, operators, or buyers can evaluate the layout based on their operational needs, particularly where commercial kitchen functionality and separate two-story space are important. The secured perimeter, flat site configuration, and presence of roll-up doors are practical considerations for receiving, staging, and day-to-day business use within a single property.

Key Highlights

  • Approximately 2.5‑acre flat commercial/industrial property built in 1953
  • Fully gated, fenced, and secure site
  • ±4,000 SF 25‑ft tall metal building with commercial kitchen, restroom, lighting, and ample power

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,837
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$816,740 $816.7K
Cap Rate 7%
$583,386 $583.4K
Cap Rate 9%
$453,744 $453.7K
Market Conditions
NOI Build-Up for 7,000 SF
Gross rent
$63.0K $9.00/SF
− Vacancy
−$4.7K −$0.67/SF
EGI
$58.3K $8.33/SF
− OpEx
−$17.5K −$2.50/SF
NOI
$40.8K $5.83/SF
Area
Humboldt County, CA
Vacancy
7.40%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$816,740
Cap Rate 7%
$583,386
Cap Rate 9%
$453,744

Alternative Uses

Best Use
Flex RnD
$2.64M
$2.31M – $3.08M (±1% cap)
NOI $185,045 @ 7.0% cap · market cap 28.51%
Second Best
Industrial
$583.4K
$510.5K – $680.6K (±1% cap)
NOI $40,837 @ 7.0% cap · market cap 6.29%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Building Supply Parking Lot & Garage Dental Office Auto Parts Store Grocery & Convenience Store Storage Facility

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

25 ft
Clear height
2
Drive-in doors
Yes
Fenced yard
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

71
Businesses Nearby
Balanced
Demand for This Use

Demographics for 95562, CA

3,475
Population
1,604
Households
2.2
Avg Household Size
38
Median Age
10%
College-Educated
90%
High-School Grad
16.6 sq mi
ZIP Area
209
Density / Sq Mi
$45,801
Median Household Income
$28,526
Median Earnings
$1,057
Median Rent
$310,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Secure, gated industrial site with a tall metal building, commercial kitchen, and two roll-up doors for flexible operations.
Where is this flex space located?
The property is located at 1397 Eeloa Avenue Rio Dell, CA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Approximately 2.5‑acre flat commercial/industrial property built in 1953; Fully gated, fenced, and secure site; ±4,000 SF 25‑ft tall metal building with commercial kitchen, restroom, lighting, and ample power
More about this property
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