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Veterinary Medical Center with Residence
For Sale
$1,098,000

200/230 Alderpoint Road, Garberville, CA 95542

Commercial Sale, Garberville, CA

Property Size3,990 SF
Lot Size8.44 Acres
Price / SF$275.19
Days on Market406

Property Features for 200/230 Alderpoint Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Parking 20
Directions Redwood Drive to Alderpoint Rd. Located on right .2 miles up Alderpoint Rd.
Subdivision South County
Standard status Active
Size 3,990 SF
Lot size 8.44 Acres

Building Details

Roof type Shingle
Listing Agency: Benchmark Realty Group/ Mb
Listed By: Sue Ivey · License #02167374
Added: Jul 12, 2025 Changed: Aug 19 Last Checked: Aug 21 at 1:06PM
MLS# 270109

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.

Located at 200/230 Alderpoint Road in Garberville, this 3990-square-foot veterinary facility is arranged for clinical, treatment, administrative, and client-facing functions. The floor plan includes three exam rooms, a surgical suite, pharmacy, laboratory, radiology area, grooming room, treatment space, kennel area, reception, retail area, two restrooms, a private office, and storage. Equipment and furnishings are included if desired, and the building features durable flooring and built-in cabinetry.

The property also includes a separate two-bedroom, two-bath residence with 2,150 sq ft of living space. The home has 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 space. The property encompasses 8.44 acres and is zoned Commercial.

Key Highlights

  • 3990 square feet of veterinary facility space on 8.44 acres
  • Three exam rooms, surgical suite, pharmacy, lab, and radiology area
  • Grooming room, treatment area, kennel space, retail area, and storage

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 (±1% cap)
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 (±1% cap)
NOI $105,476 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Medical centers

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop HVAC Service (Bike/Boat/Book/etc) Store Bakery Carpet & Flooring 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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

248
Businesses Nearby

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

Frequently Asked Questions

What type of property is this?
Medical center - Commercially zoned veterinary facility with dedicated clinical rooms, support areas, and an adjoining residence with guest quarters.
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: 3990 square feet of veterinary facility space on 8.44 acres; Three exam rooms, surgical suite, pharmacy, lab, and radiology area; Grooming room, treatment area, kennel space, retail area, and storage
More about this property
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