Veterinary Facility with
For Sale
$1,098,000
200/230 Alderpoint Road, Garberville, CA 95542
Fully equipped veterinary facility plus attached residence and guest quarters for flexible animal care operations.
Property Size3,990 SF
Price / SF$275.19
Days on Market421
Property Features for 200/230 Alderpoint Road
General Information
Standard status
Active
Size
3,990 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Amenities
Central air
Air Conditioning Cooling
Forced Air Heating
Listing Agency:
BENCHMARK REALTY GROUP/ MB
(707) 407-7032
Listed By:
SUE IVEY · License #02167374
(707) 599-4999
Source:
Corcoran
Added: Jul 14, 2025
Changed: Sep 4
Last Checked: Sep 7 at 8:16AM
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 BENCHMARK REALTY GROUP/ MB
Investment Insights
Based on property information with market context.
This contemporary veterinary facility is offered fully equipped and designed for operational flexibility. The interior layout includes three exam rooms, a surgical suite, pharmacy, lab, radiology, grooming room, a large treatment area, kennel space, a spacious reception area, a retail area, two restrooms, a private office, and ample storage. High-quality finishes, durable flooring, and built-in cabinetry run throughout. The sale includes high-quality equipment and furnishings, if desired.
A separate two-bedroom, two-bath house is included, offering 2,150 sq ft of living space with hardwood floors, a wood hip ceiling in the living room, forced air heating, air conditioning, large windows, and a newer water heater. An attached 528 sq ft guest quarters provides additional flexibility and is located near the main building; the property is currently occupied by a caretaker.
The configuration supports a veterinary practice and can also accommodate related uses such as pet grooming or boarding, or potentially a medical clinic, subject to buyer verification and applicable requirements. On-site housing and guest quarters may support staff coverage and guest accommodations, while the combination of clinical, treatment, and animal housing improvements offers a practical foundation for an operator seeking turn-key functionality.
A separate two-bedroom, two-bath house is included, offering 2,150 sq ft of living space with hardwood floors, a wood hip ceiling in the living room, forced air heating, air conditioning, large windows, and a newer water heater. An attached 528 sq ft guest quarters provides additional flexibility and is located near the main building; the property is currently occupied by a caretaker.
The configuration supports a veterinary practice and can also accommodate related uses such as pet grooming or boarding, or potentially a medical clinic, subject to buyer verification and applicable requirements. On-site housing and guest quarters may support staff coverage and guest accommodations, while the combination of clinical, treatment, and animal housing improvements offers a practical foundation for an operator seeking turn-key functionality.
Key Highlights
- Fully equipped veterinary facility with a floor plan that includes three exam rooms, a surgical suite, pharmacy, lab, and radiology
- Includes grooming room, large treatment area, and kennel space, plus a spacious reception area, retail area, private office, and ample storage
- Facility includes built‑in cabinetry and durable flooring throughout
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
$66,074
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
6.02%
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%
$1,321,480
$1.3M
Cap Rate 7%
$943,914
$943.9K
Cap Rate 9%
$734,156
$734.2K
Market Conditions
NOI Build-Up for 3,990 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
$119.7K $30.00/SF
− Vacancy
−$9.6K −$2.40/SF
EGI
$110.1K $27.60/SF
− OpEx
−$44.0K −$11.04/SF
NOI
$66.1K $16.56/SF
Area
Humboldt County, CA
Vacancy
8.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
40.00%
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%
$1,321,480
Cap Rate 7%
$943,914
Cap Rate 9%
$734,156
Alternative Uses
Best Use
Healthcare Medical
$943.9K
$825.9K – $1.10M
NOI $66,074 @ 7.0% cap · market cap 6.02%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$1.51M
$1.32M – $1.76M
NOI $105,476 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
248
Businesses Nearby
Explore this area
Business Placement
Demographics for 95542, CA
2,519
Population
1,429
Households
1.8
Avg Household Size
46
Median Age
21%
College-Educated
84%
High-School Grad
219.5 sq mi
ZIP Area
11
Density / Sq Mi
$45,049
Median Household Income
$31,250
Median Earnings
$1,442
Median Rent
$413,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Fully equipped veterinary facility plus attached residence and guest quarters for flexible animal care operations.
Where is this medical center located?
The property is located at 200/230 Alderpoint Road Garberville, CA.
What is the asking price?
The asking price for this property is $1,098,000.
What are key features of this property?
This property features: Fully equipped veterinary facility with a floor plan that includes three exam rooms, a surgical suite, pharmacy, lab, and radiology; Includes grooming room, large treatment area, and kennel space, plus a spacious reception area, retail area, private office, and ample storage; Facility includes built‑in cabinetry and durable flooring throughout
