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

    317 3rd Street Ste 207 Eureka, CA 95501

    View on Map
    Picture of Office Units at 317 3rd Street Ste 207, Eureka, CA
    For Lease
    $400 /Mo

    135 SF Office Space in Professional Office Building - Second Floor (Suite 207) For Lease

    Added:
    Apr 14, 2025
    Days on Market:
    385
    Last Refresh:
    Mar 16 at 9:05 am

    Property Features for 317 3rd Street Ste 207

    General Information

    Standard status
    Active
    Property type
    Office Units, Office properties & Spaces
    Elevators
    N/A
    Lease Type
    Modified Gross
    Rate Type
    Monthly

    We can help!

    Listing Contact
    Scott Pesch

    Listing agent Scott License #01190750

    Listing office Coldwell Banker Commercial Walker Pacific

    Listing date Apr 14, 2025

    Overview

    Professional Office Space in Eureka

    This 135 SF office space is located on the second floor of a professional office building in Old Town Eureka. Designated as Suite 207, the space benefits from natural light provided by atrium skylights. The location offers convenient access to various services, street parking, affordable city parking options, and a selection of restaurants. The waterfront trail is a short walk away. Shared amenities include restrooms and a kitchen/break room. The base rent is $400 per month, with an additional $50 monthly CAM charge covering shared utilities and common area janitorial services.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    U.S. Customs and Border ... Federal Government Office Law Office of Jocelyn ... Law Firm Mentor Network Home Health Care Service Humboldt Mediation Services Mediation Service Oscar Larson & Associates: ... International Trade Consultant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Eureka
    County
    Humboldt
    State
    California
    Longitude
    -124.16819
    Latitude
    40.803588

    Nearby Similar for Lease

    • $8,500/Mo

      Remodeled Commercial Building in Eureka

      Remodeled 8,870 SF commercial building on high-traffic corner.
      341 W Harris Street, Eureka, CA 95503
      View Details
    • $950/Mo

      Updated Office Space in Eureka

      Historical building with updated office space in downtown Eureka.
      322 I Street unit: 000, Eureka, CA 95501
      View Details
    • $6,500/Mo

      Eureka Flex Space with Warehouse

      Flex retail/office/warehouse space with mezzanine and roll-up doors.
      3952 Jacobs Ave, Eureka, CA, 95501-0913
      View Details
    • $2,481/Mo

      Professional ground floor offices For Lease

      Professional offices in downtown Eureka with onsite parking.
      555 H Street, Eureka, CA 95501
      View Details
    • $3,100/Mo

      Remodeled Retail/Office Space Available

      Remodeled ground floor suite near Old Town Gazebo.
      420 3rd St, Eureka, CA, 95501-0596
      View Details
    • Contact for pricing

      Office Space For Rent

      Single tenant office units available, ranging from 100-120 SqFt.
      3015 Hubbard Ln, Eureka, CA 95501
      View Details
    • Contact for pricing

      Eureka Office Space For Rent

      Single tenant office space available for rent in Eureka.
      317 3rd St, Eureka, CA 95501
      View Details
    • Contact for pricing

      Eureka Industrial Warehouse Complex For Rent

      Industrial warehouse complex with truck parking and multiple loading docks.
      1100 W Del Norte St, Eureka, CA 95501
      View Details
    • Contact for pricing

      Eureka Warehouse & Distribution Space

      Downtown Eureka warehouse and distribution space for lease.
      930 6th Stree, Eureka, CA 95501
      View Details
    • Contact for pricing

      Professional Office Space Available

      2,180 SF office space with natural light in Eureka.
      3134 Jacobs Avenue, Eureka, CA 95501
      View Details

    FAQs

    What type of property is this?
    Office units - 135 SF Office Space in Professional Office Building - Second Floor (Suite 207) For Lease
    Where is this office units located?
    The property is located at 317 3rd Street Ste 207 Eureka, CA.
    What is the lease rate?
    The lease rate is $400 /Mo.
    (707) 442-2222
    We can help!
    Listing Contact
    Scott Pesch
    Real Estate License ID: 01190750
    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

    Thank You for Inquiry

    317 3rd Street Ste 207, Eureka, CA 95501

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!