Mixed-Use Property with Diverse
New
For Sale
$2,500,000
3251 N State St, Ukiah, CA 95482
Income-producing property combines apartments, mobile home sites, and a standalone commercial building.
Property SizeContact for details
Lot Size2.13 Acres
Days on Market2
Property Features for 3251 N State St
General Information
Standard status
Active
Lot size
2.13 Acres
Property subtype
Investment
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
7.2%
Multifamily Units
10
Building Details
Year Built
1950
Stories
1
Units
24
Listing Agency:
W Real Estate
Listed By:
Todd Schapmire · License #01414195
(707) 570-9855
Source:
Elliman
Added: Sep 11
Last Checked: Sep 11 at 3:17PM
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 W Real Estate
Investment Insights
Based on property information with market context.
This mixed-use income property occupies a 2.13-acre parcel and includes 10 garden-level apartment units, 14 mobile home sites, and a separate commercial building. The combination creates multiple revenue sources within one property, with a reported 7.2% cap rate. The improvements date to 1950.
The property fronts North State Street and Lake Mendocino Drive at 3251 N State St in Ukiah, California. Highway 101 is nearby, and the site is positioned along a commercial corridor in Mendocino County. The property’s reported walk score is 0 and bike score is 38, classified as somewhat bikeable.
The property fronts North State Street and Lake Mendocino Drive at 3251 N State St in Ukiah, California. Highway 101 is nearby, and the site is positioned along a commercial corridor in Mendocino County. The property’s reported walk score is 0 and bike score is 38, classified as somewhat bikeable.
Key Highlights
- 10 garden‑level apartment units
- 14 mobile home sites
- Standalone commercial building on the parcel
Property Analytics
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Current Use
Lease Details
10
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
197
Businesses Nearby
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Business Placement
Demographics for 95482, CA
33,276
Population
13,143
Households
2.5
Avg Household Size
39
Median Age
21%
College-Educated
84%
High-School Grad
294.2 sq mi
ZIP Area
113
Density / Sq Mi
$70,063
Median Household Income
$38,707
Median Earnings
$1,335
Median Rent
$473,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Income-producing property combines apartments, mobile home sites, and a standalone commercial building.
Where is this mixed-use property located?
The property is located at 3251 N State St Ukiah, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 10 garden‑level apartment units; 14 mobile home sites; Standalone commercial building on the parcel
