Preschool Building with Office
For Sale
$384,900
231 H Street, Blue Lake, CA 95525
Commercial Sale, Blue Lake, CA
Property Size2,303 SF
Lot Size0.23 Acres
Price / SF$167.13
Days on Market139
Property Features for 231 H Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Single Family
Subdivision
North Bay
Standard status
Active
Size
2,303 SF
Lot size
0.23 Acres
Utilities
Heating system
Forced Air
Building Details
Flooring type
Carpet
Building materials
Wood Siding
Roof type
Shingle
Listing Agency:
Coldwell Banker Cutten Realty · Coldwell Banker Real Estate
(707) 445-8811
Listed By:
Tracy Helard-Shumard · License #01204587
(707) 845-2448
Added: Jun 16
Changed: Oct 8
Last Checked: Nov 1 at 4:06PM
MLS# 272604
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.
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Investment Insights
Based on property information with market context.
This day care property contains 2,303 square feet of space on 0.23 acres. Its layout includes three private offices, a reception area, a full kitchen, a bathroom, and a storage room, along with additional storage throughout. Wood siding, carpet flooring, forced-air heating, and a shingle roof are among the building's physical features. The property is zoned Single Family and is currently used as a preschool.
The site is at 231 H Street in Blue Lake, California, and offers views of Blue Lake and the surrounding hills. An adjacent church parcel is also for sale and may be purchased with the property.
The site is at 231 H Street in Blue Lake, California, and offers views of Blue Lake and the surrounding hills. An adjacent church parcel is also for sale and may be purchased with the property.
Key Highlights
- 2,303 square feet on 0.23 acres
- Three private offices, reception area, kitchen, bathroom, and storage room
- Current preschool use; zoning is Single Family
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,996
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$599,920
$599.9K
Cap Rate 7%
$428,514
$428.5K
Cap Rate 9%
$333,289
$333.3K
Market Conditions
NOI Build-Up for 2,303 SF
Gross rent
$49.7K $21.60/SF
− Vacancy
−$9.7K −$4.23/SF
EGI
$40.0K $17.37/SF
− OpEx
−$10.0K −$4.34/SF
NOI
$30.0K $13.02/SF
Area
Humboldt County, CA
Vacancy
19.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$599,920
Cap Rate 7%
$428,514
Cap Rate 9%
$333,289
Alternative Uses
Best Use
Office B
$428.5K
$375.0K – $499.9K
NOI $29,996 @ 7.0% cap · market cap 7.79%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$869.7K
$761.0K – $1.01M
NOI $60,880 @ 7.0% cap · market cap 15.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
129
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95525, CA
1,701
Population
860
Households
2
Avg Household Size
46
Median Age
37%
College-Educated
96%
High-School Grad
92.7 sq mi
ZIP Area
18
Density / Sq Mi
$65,250
Median Household Income
$36,818
Median Earnings
$1,221
Median Rent
$489,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Blue Lake Preschool — 231 H St, Blue Lake, CA 95525
Frequently Asked Questions
What type of property is this?
Day care center - A reception area, kitchen, private offices, and storage support the property's current preschool operation.
Where is this day care center located?
The property is located at 231 H Street Blue Lake, CA.
What is the asking price?
The asking price for this property is $384,900.
What are key features of this property?
This property features: 2,303 square feet on 0.23 acres; Three private offices, reception area, kitchen, bathroom, and storage room; Current preschool use; zoning is Single Family
