Live-Work Mixed-Use
For Sale
$575,000
571 S Franklin Street, Fort Bragg, CA 95437
Separate entrances, workspace, and garage access from both the street and alley support a flexible live-work layout.
Property Size1,454 SF
Price / SF$395.46
Days on Market53
Property Features for 571 S Franklin Street
General Information
Standard status
Active
Size
1,454 SF
Total Parking Spaces
2
Property subtype
Mixed Use
Site & Location
Road Access
Yes
Utilities to Site
Yes
Building Details
Building Size
1,454 SF
Year Built
1950
Buildings
2
Listing Agency:
Scott Roat Realty
Listed By:
Scott Roat · License #01493269
(707) 937-2121
Source:
Mendosothebysrealty
Added: Sep 7
Changed: Oct 26
Last Checked: Oct 29 at 6:38AM
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 Scott Roat Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property combines a residence with dedicated workspace and separate entrances. Two deep garages are accessible from the street and alley, and a separate building is also located along the alley. Residential improvements include dual-pane windows, updated electrical, custom woodwork, mini-split heating and cooling, a Rinnai heater, and an upgraded fireplace insert. Architectural plans for an additional unit are included.
The private yard has mature landscaping, established apple trees, and a well for garden use. Ocean views are partially visible. Shops, restaurants, medical services, banks, and the Coastal Trail are nearby. The property was built in 1950.
The private yard has mature landscaping, established apple trees, and a well for garden use. Ocean views are partially visible. Shops, restaurants, medical services, banks, and the Coastal Trail are nearby. The property was built in 1950.
Key Highlights
- Live‑work configuration with separate entrances and dedicated workspace
- Two deep garages with street and alley access, plus a separate alley building
- Residential features include dual‑pane windows, updated electrical, and custom woodwork
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,108
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,160
$422.2K
Cap Rate 7%
$301,543
$301.5K
Cap Rate 9%
$234,533
$234.5K
Market Conditions
NOI Build-Up for 1,454 SF
Gross rent
$32.8K $22.56/SF
− Vacancy
−$4.7K −$3.20/SF
EGI
$28.1K $19.36/SF
− OpEx
−$7.0K −$4.84/SF
NOI
$21.1K $14.52/SF
Area
Mendocino County, CA
Vacancy
14.20%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,160
Cap Rate 7%
$301,543
Cap Rate 9%
$234,533
Alternative Uses
Best Use
Office B
$301.5K
$263.9K – $351.8K
NOI $21,108 @ 7.0% cap · market cap 3.67%
Second Best
Mixed Use
$252.4K
$220.8K – $294.4K
NOI $17,666 @ 7.0% cap · market cap 3.07%
Theoretical Best
Flex RnD
$543.6K
$475.7K – $634.2K
NOI $38,052 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
593
Businesses Nearby
Explore this area
Business Placement
Demographics for 95437, CA
14,608
Population
7,654
Households
1.9
Avg Household Size
48
Median Age
26%
College-Educated
86%
High-School Grad
177.4 sq mi
ZIP Area
82
Density / Sq Mi
$55,061
Median Household Income
$35,860
Median Earnings
$1,367
Median Rent
$541,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Separate entrances, workspace, and garage access from both the street and alley support a flexible live-work layout.
Where is this mixed-use property located?
The property is located at 571 S Franklin Street Fort Bragg, CA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Live‑work configuration with separate entrances and dedicated workspace; Two deep garages with street and alley access, plus a separate alley building; Residential features include dual‑pane windows, updated electrical, and custom woodwork
