2029 Broadway, Eureka, CA 95501

Building Details

Flooring type Concrete More

Building materials Metal Siding More

Roof type Membrane, Metal More

Buildings 2 More

Listing Agency: Ming Tree, Inc. Show Phone

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

Added: Jan 5 Changed: Oct 30 Last Checked: Nov 7 at 5:06PM

Report an Issue

MLS# 271312

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.

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 22,000-square-foot industrial property includes two buildings, with an attached 5,600-square-foot metal warehouse alongside the main building. The metal structure has multiple tenants. The main building is equipped with 400-amp, three-phase power. Concrete flooring, natural gas heating, and metal siding are also present.

The property occupies a corner site at a lighted intersection along State Highway 101 and Broadway in Eureka. It has 293 feet of highway and Broadway frontage, with paved parking on site.

Key Highlights

• 22,000 square feet across a two‑building industrial property
• Attached 5,600‑square‑foot metal warehouse with multiple tenants
• 400‑amp, three‑phase power in the main building

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$155,846

Cap Rate

4.72%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,116,920 $3.1M

Cap Rate 7%

$2,226,371 $2.2M

Cap Rate 9%

$1,731,622 $1.7M

Is this asking price fair?

Market Conditions

NOI Build-Up for 22,000 SF

Gross rent

$198.0K $9.00/SF

− Vacancy

−$14.7K −$0.67/SF

EGI

$183.3K $8.33/SF

− OpEx

−$27.5K −$1.25/SF

NOI

$155.8K $7.08/SF

Area

Humboldt County, CA

Vacancy

7.40%

Lease Rate

$9.00 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,116,920

Cap Rate 7%

$2,226,371

Cap Rate 9%

$1,731,622

Alternative Uses

Best Use

Flex RnD

$8.31M

$7.27M – $9.69M (±1% cap)

NOI $581,570 @ 7.0% cap · market cap 17.62%

Second Best

Warehouse

$2.23M

$1.95M – $2.60M (±1% cap)

NOI $155,846 @ 7.0% cap · market cap 4.72%

Theoretical Best

—

—

same as Best Use

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

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Accounting Firm Parking Lot & Garage Gym & Fitness Center

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

597

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

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

Average Price Trend$/SF for Warehouses in Humboldt County, CA

$131 Jul

$140 Aug

$141 Sep

$148 Oct

Properties on Market for Warehouses in Humboldt County

Jul

Aug

Sep

Oct

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

Similar For Sale Nearby

See more

Waterfront Mixed-Use Industrial Property

4051 Broadway, Eureka, CA 95503

$5,999,000

67,500 SF

View details

Industrial Warehouse with Loading

4311 Broadway, Eureka, CA 95503

$12,500,000

73,023 SF

View details

Brewery and Warehouse with Loading Docks

4311 Broadway Street 1600 Sunset Drive, Eureka, CA 95503

$12,500,000

13.19 Acres

View details

Flex Space with Covered Work Area

309 W 15th Street, Eureka, CA 95501

$549,000

2,664 SF

View details

Historic Mixed-Use Commercial Building

123 F Street, Eureka, CA 95501

$1,590,000

14,460 SF

View details

Multi-Tenant Downtown Storefront Building

533 F Street, Eureka, CA 95501

$925,000

14,162 SF

View details

Multi-Tenant Shopping Center

401 + 417 5th Street, Eureka, CA 95501

$1,200,000

11,000 SF

View details

Prime Retail Location on Highway

4325 Broadway St, Eureka, CA 95503

$5,950,000

View details

Turnkey Restaurant and Bar Building

218 D Street, Eureka, CA 95501

$1,450,000

9,846 SF

View details

Waterfront Mixed-Use Property

4051 Us Hwy 101, Eureka, CA 95503

$5,999,000

67,500 SF

View details

24-Unit Motel with Manager's Unit

1420 4th Street, Eureka, CA 95501

$1,200,000

0.45 Acres

View details

Eureka Commercial Building on Hwy 101

535 5th Street, Eureka, CA 95501

$639,000

9,162 SF

View details

Similar Off Market Nearby

• Sherlock Mini Storage — 901 W Del Norte St, Eureka, CA 95501
• North American Van Lines — 1433 Broadway St Suite 100 B, Eureka, CA 95501
• Humboldt Moving & Storage — 1433 Broadway St Suite 100, Eureka, CA 95501
• Rainbow Self-Storage — 639 W Clark St, Eureka, CA 95501

Frequently Asked Questions

What type of property is this?

Warehouse - Two buildings, paved parking, and three-phase power support a range of commercial operations.

Where is this warehouse located?

The property is located at 2029 Broadway Eureka, CA.

What is the asking price?

The asking price for this property is $3,300,300.

What are key features of this property?

This property features: 22,000 square feet across a two‑building industrial property; Attached 5,600‑square‑foot metal warehouse with multiple tenants; 400‑amp, three‑phase power in the main building