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Corner Lot with Dual Zoning
For Sale
$475,000

491 H Street, Arcata, CA 95521

Commercial Sale, Arcata, CA

Property Size1,474 SF
Lot Size0.51 Acres
Price / SF$322.25
Days on Market142

Property Features for 491 H Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Single Family
Zoning description Single Family, Commercial
Security features Security System
Interior features Security System
Fireplace 1
Directions Corner of 5th and H Street
Subdivision North Bay
Standard status Active
APN 021-184-006
Size 1,474 SF
Lot size 0.51 Acres

Utilities

Heating system Fireplace(s), Wall Furnace, Electric (Heating), Natural Gas

Building Details

Year built 1953
Flooring type Vinyl, Carpet
Building materials Wood Siding
Roof type Shingle
Listing Agency: Ming Tree, Inc.
Listed By: Darla McKenzie · License #01164724
Added: May 27 Changed: Oct 13 Last Checked: Oct 15 at 12:06PM
MLS# 272427

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.

Investment Insights

Based on property information with market context.

This for-sale property includes a corner lot and an existing home with approximately 1,474 square feet. The lot has been in the same family since it was built, offering continuity of ownership and a built-in structure on the site.

According to the public remarks, the property is zoned for both commercial/general and residential/medium density use. The lot extends to Samoa Blvd and also has access from Samoa Blvd, providing direct site connectivity for future use planning.

At 0.51 acres, the configuration supports flexibility from the standpoint of zoning and site access, while retaining the current single-family residence as part of the offering.

Key Highlights

  • 0.51‑acre corner lot in Arcata extends to Samoa Blvd and includes access from Samoa Blvd
  • Zoning includes commercial/general plus residential/medium density
  • Fireplace in the home

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,552
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$351,040 $351.0K
Cap Rate 7%
$250,743 $250.7K
Cap Rate 9%
$195,022 $195.0K
Market Conditions
NOI Build-Up for 1,474 SF
Gross rent
$34.3K $23.28/SF
− Vacancy
−$2.4K −$1.63/SF
EGI
$31.9K $21.65/SF
− OpEx
−$14.4K −$9.74/SF
NOI
$17.6K $11.91/SF
Area
Humboldt County, CA
Vacancy
7.00%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$351,040
Cap Rate 7%
$250,743
Cap Rate 9%
$195,022

Alternative Uses

Best Use
Apartment 5plus
$250.7K
$219.4K – $292.5K (±1% cap)
NOI $17,552 @ 7.0% cap · market cap 3.70%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$556.6K
$487.1K – $649.4K (±1% cap)
NOI $38,965 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Kitchen & Bath Showroom Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,369
Businesses Nearby

Demographics for 95521, CA

21,581
Population
9,797
Households
2.2
Avg Household Size
30
Median Age
45%
College-Educated
95%
High-School Grad
60.4 sq mi
ZIP Area
357
Density / Sq Mi
$54,324
Median Household Income
$24,129
Median Earnings
$1,300
Median Rent
$478,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Commercial land - Dual-zoned corner lot with access from Samoa Blvd, plus an existing home on the property.
Where is this commercial land located?
The property is located at 491 H Street Arcata, CA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 0.51‑acre corner lot in Arcata extends to Samoa Blvd and includes access from Samoa Blvd; Zoning includes commercial/general plus residential/medium density; Fireplace in the home
More about this property
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