Retail Property with Flexible
For Sale
$329,000
514 12th Street, Fortuna, CA 95540
R-C zoning and a kitchen, bathroom, private rooms, and shared areas support a range of permitted commercial uses.
Property Size1,060 SF
Price / SF$310.38
Days on Market9
Property Features for 514 12th Street
General Information
Standard status
Active
Size
1,060 SF
Property subtype
Commercial
Zoning
R-C
Amenities
two private rooms
full kitchen
full bathroom
two open common areas
off-street parking
fully fenced backyard
low-maintenance grounds
Carpeted Flooring
Laminate Flooring
Listing Agency:
EXP REALTY OF CALIFORNIA, INC.
(888) 584-9427
Listed By:
CODY MICHAEL HURST · License #02097302
(707) 498-1033
Source:
Corcoran
Added: Sep 29
Changed: Oct 4
Last Checked: Oct 5 at 6:06PM
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.
Investment Insights
Based on property information with market context.
This 1,060-square-foot retail property has two private rooms, two open common areas, a full kitchen, and a full bathroom. Vinyl plank flooring covers the common spaces, while the private rooms have carpet. The layout also includes off-street parking at the rear, a fenced backyard, and low-maintenance grounds.
Positioned on 12th Street in Fortuna, the property is zoned R-C for commercial retail. Its configuration combines enclosed rooms with open interior space, along with the kitchen and bathroom.
Positioned on 12th Street in Fortuna, the property is zoned R-C for commercial retail. Its configuration combines enclosed rooms with open interior space, along with the kitchen and bathroom.
Key Highlights
- 1,060‑square‑foot retail property with R‑C commercial retail zoning
- Two private rooms and two open common areas
- Full kitchen and full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,759
Cap Rate
7.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$495,180
$495.2K
Cap Rate 7%
$353,700
$353.7K
Cap Rate 9%
$275,100
$275.1K
Market Conditions
NOI Build-Up for 1,060 SF
Gross rent
$39.4K $37.20/SF
− Vacancy
−$4.1K −$3.83/SF
EGI
$35.4K $33.37/SF
− OpEx
−$10.6K −$10.01/SF
NOI
$24.8K $23.36/SF
Area
Humboldt County, CA
Vacancy
10.30%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$495,180
Cap Rate 7%
$353,700
Cap Rate 9%
$275,100
Alternative Uses
Best Use
Retail
$353.7K
$309.5K – $412.7K
NOI $24,759 @ 7.0% cap · market cap 7.53%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$400.3K
$350.3K – $467.0K
NOI $28,021 @ 7.0% cap · market cap 8.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
595
Businesses Nearby
46k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 34%
Shops & Services 33%
Groceries 22%
Dining 7%
Fortuna Ace Hardware & Garden Inc
Home Improvements & Furnishings
13,087 visits/mo
0.5 miles
Ray's Food Place
Groceries
10,208 visits/mo
0.4 miles
Chevron
Shops & Services
7,218 visits/mo
0.3 miles
U.S. Bank
Shops & Services
4,400 visits/mo
0.1 miles
Little Caesars Pizza
Dining
3,396 visits/mo
0.3 miles
Demographics for 95540, CA
14,055
Population
6,087
Households
2.3
Avg Household Size
40
Median Age
24%
College-Educated
88%
High-School Grad
34.1 sq mi
ZIP Area
412
Density / Sq Mi
$62,346
Median Household Income
$37,309
Median Earnings
$1,135
Median Rent
$362,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Retail space - R-C zoning and a kitchen, bathroom, private rooms, and shared areas support a range of permitted commercial uses.
Where is this retail space located?
The property is located at 514 12th Street Fortuna, CA.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: 1,060‑square‑foot retail property with R‑C commercial retail zoning; Two private rooms and two open common areas; Full kitchen and full bathroom
