Waterfront Mixed-Use
4051 Us Hwy 101, Eureka, CA 95503
For Sale
$5,999,000
Commercial Sale, Eureka, CA
Property Size67,500 SF
Lot Size25.13 Acres
Price / SF$88.87
Days on Market303
Property Features for 4051 Us Hwy 101
General Information
Property type
Property subtype
Zoning
Zoning description
Lot features
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Mixed-Use Components
Property Use
Listing Agency:
Wells Commercial R.E. & Investment
(707) 444-3624
Listed By:
David Wells · License #01700566
(707) 832-9121
Added: Jan 9
Changed: Nov 1
Last Checked: Nov 7 at 5:06PM
MLS# 271338
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 25.13-acre property on Humboldt Bay contains approximately 67,500 square feet of improvements. The buildings include a 12,148-square-foot retail property occupied by The United States Bakery, a one-story office building with 10 suites and 2,353 square feet, and 53,000 square feet of industrial space divided among 11 units. About 10 acres are surplus land; portions are leased, and the land is used for yard, storage, and land-lease income.
Located between Arcata and Eureka, the property has access from US 101. Regional routes include US 101 and State Route 299, with connectivity to I-5.
Located between Arcata and Eureka, the property has access from US 101. Regional routes include US 101 and State Route 299, with connectivity to I-5.
Key Highlights
- 25.13 acres along Humboldt Bay, between Arcata and Eureka
- Approximately 67,500 SF of improvements
- 12,148 SF retail building occupied by The United States Bakery
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$393,782
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,875,640
$7.9M
Cap Rate 7%
$5,625,457
$5.6M
Cap Rate 9%
$4,375,356
$4.4M
Market Conditions
NOI Build-Up for 67,500 SF
Gross rent
$607.5K $9.00/SF
− Vacancy
−$45.0K −$0.67/SF
EGI
$562.5K $8.33/SF
− OpEx
−$168.8K −$2.50/SF
NOI
$393.8K $5.83/SF
Area
Humboldt County, CA
Vacancy
7.40%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,875,640
Cap Rate 7%
$5,625,457
Cap Rate 9%
$4,375,356
Alternative Uses
Best Use
Retail
$22.52M
$19.71M – $26.28M
NOI $1,576,657 @ 7.0% cap · market cap 26.28%
Second Best
Mixed Use
$9.76M
$8.54M – $11.39M
NOI $683,438 @ 7.0% cap · market cap 11.39%
Theoretical Best
Flex RnD
$25.49M
$22.30M – $29.74M
NOI $1,784,361 @ 7.0% cap · market cap 29.74%
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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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Explore this area
Business Placement
Demographics for 95503, CA
24,488
Population
10,738
Households
2.3
Avg Household Size
42
Median Age
29%
College-Educated
91%
High-School Grad
83.7 sq mi
ZIP Area
293
Density / Sq Mi
$76,708
Median Household Income
$36,822
Median Earnings
$1,485
Median Rent
$411,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Humboldt County, CA
Properties on Market for Mixed-use properties in Humboldt County
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail, office, and industrial buildings are complemented by surplus acreage used in part for yard, storage, and land leasing.
Where is this mixed-use property located?
The property is located at 4051 Us Hwy 101 Eureka, CA.
What is the asking price?
The asking price for this property is $5,999,000.
What are key features of this property?
This property features: 25.13 acres along Humboldt Bay, between Arcata and Eureka; Approximately 67,500 SF of improvements; 12,148 SF retail building occupied by The United States Bakery
