18651 Old Coast Highway Fort Bragg, CA 95437
Other - Fort Bragg, CA
Property Features for 18651 Old Coast Highway
General Information
- Property type
- Other
- Property subtype
- Mixed Use
- Bedrooms
- 1
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 1
- Parking
- 1
- Parking features
- Driveway, Garage
- Appliances
- Refrigerator
- Standard status
- Active
- APN
- 0172804400
- Size
- 1,680 SF
- Lot size
- 0.21 Acres
Utilities
- Heating system
- Propane (Heating)
- Cooling system
- None (Cooling)
Building Details
- Year built
- 1994
- Floors in Building
- 2
- Architectural style
- Other
Listing agent Tracy Wolfson (707) 272-5733
Listing office Engel & Völkers Mendocino 10483 Lansing Street, Mendocino, CA (707) 937-5071
Listing date Jun 25, 2026
Copyright © 2026 Engel & Völkers. 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.
The property is located at 18651 Old Coast Highway in Fort Bragg, California (Mendocino County). The on-site apartment provides a self-contained residential component within the same overall property, offering convenient living space alongside the warehouse.
Overall, the layout provides a straightforward combination of work area and separate living quarters under one roof.
Key Highlights
- Rare industrial warehouse space ideal for artists, makers, and creatives.
- Separate one‑bedroom apartment for on‑site living, artist‑in‑residence, or rental income.
- High ceilings, concrete floors, and open layout in the main warehouse.
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.6k | $43.20 |
| − Vacancy | −$4.9k | −$2.94 |
| EGI | $67.6k | $40.26 |
| − OpEx | −$23.7k | −$14.09 |
| NOI | $44.0k | $26.17 |
