Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    252 N State Ukiah, CA 95482

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2,000 /Mo

    Prime commercial space in Ukiah's established business district.

    Type:Commercial
    Property size:
    2,000 SF
    Lot size:
    0.05 Acres
    Added:
    Dec 17, 2025
    Days on Market:
    115
    Last Refresh:
    Apr 5 at 11:28 pm

    Property Features for 252 N State

    General Information

    Standard status
    Active
    Size
    2,000 SF
    Lot size
    0.05 Acres
    Property subtype
    Commercial

    We can help!

    Listing Contact
    ANDREW NICOLL

    Listing agent ANDREW NICOLL License #01784460

    Listing office EXP REALTY OF CALIFORNIA, INC

    Listing date Dec 17, 2025

    Source Corcoran

    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 EXP REALTY OF CALIFORNIA, INC

    Overview

    Downtown Ukiah Commercial Space Available

    This commercial space is located in downtown Ukiah. The property is suitable for a retail storefront, boutique, yoga or wellness studio, professional office, law firm, or creative workspace. The space has a flexible layout. It benefits from high visibility, steady foot traffic, and convenient access from nearby shops, restaurants, and services. The property is located in the heart of Ukiah’s established business district. It has designated Downtown Zoning, offering a variety of approved uses and business potential. The interior is open and clean. Large front windows offer natural light and display presence for signage, branding, or product showcasing. The property size is 2000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Canova Records Music ... Vocational School

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ukiah
    County
    Mendocino
    State
    California
    Longitude
    -123.208
    Latitude
    39.1508

    Nearby Similar for Lease

    • Contact for pricing

      Downtown Ukiah Commercial Space Available

      Prime commercial space in Ukiah's thriving downtown business district.
      252 N State, Ukiah, CA 95482
      View Details
    • Contact for pricing

      Downtown Ukiah Commercial Space Available

      Prime commercial space in Ukiah's established business district.
      252 N State Street, Ukiah, CA 95482
      View Details
    • Contact for pricing

      Ukiah Drive-Thru Restaurant Opportunity

      Drive-thru restaurant space for lease in Ukiah's retail corridor.
      730 E. Perkins Street , Ukiah, CA, 95482
      View Details
    • Contact for pricing

      Grocery-Anchored Retail Center Space

      Retail spaces available in a community shopping center.
      504-570 E Perkins Avenue & 205-253 N Orchard Avenue, Ukiah, CA, 95482
      View Details
    • Contact for pricing

      Retail/Office Space in Ukiah

      Located in the heart of Ukiah's upgraded business district.
      State St, Ukiah, CA 95482
      View Details
    • Contact for pricing

      Retail/Office Space Near Courthouse

      Ground floor retail or office space in prime location.
      School St, Ukiah, CA 95482
      View Details
    • $2/mo

      Chevron Travel Plaza Retail Space

      New retail spaces in Chevron Travel Plaza off Hwy 101.
      1460 N Lovers Ln, Ukiah, CA
      View Details
    • Contact for pricing

      Industrial Building Near Highway 101

      5,000 SF industrial space for lease near Highway 101.
      2020 Industry Rd, Ukiah, CA 95482
      View Details
    • Contact for pricing

      Professional Office Suites For Rent

      Office suites available in downtown Ukiah professional complex.
      776 S State St, Ukiah, CA 95482
      View Details
    • Contact for pricing

      Downtown Ukiah Office Space Available

      Individual office spaces for rent in downtown Ukiah.
      115 N State St, Ukiah, CA 95482
      View Details
    • Contact for pricing

      Ukiah Retail/Office Space Available

      Retail or office spaces for lease in Ukiah's Airport Business Park.
      1252 Airport Park Blvd, Ukiah, CA 95482
      View Details
    • Contact for pricing

      Retail Center in Ukiah, California

      Retail property in Ukiah, near medical center and county offices.
      504-570 E Perkins Ave, Ukiah, CA 95482
      View Details

    FAQs

    What type of property is this?
    Retail space - Prime commercial space in Ukiah's established business district.
    Where is this retail space located?
    The property is located at 252 N State Ukiah, CA.
    What is the lease rate?
    The lease rate is $2,000 /Mo.
    What are key features of this property?
    This property features: Prime downtown location in Ukiah's established business district with **high visibility and foot traffic**.; Flexible layout suitable for various business types (retail, office, studio, etc.).; Designated Downtown Zoning allows for a wide variety of approved uses.
    (888) 584-9427
    We can help!
    Listing Contact
    ANDREW NICOLL
    Real Estate License ID: 01784460
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!