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Medical Office Suites
For Sale
$549,000

721 S Dora Street #1 & 2, Ukiah, CA 95482

The property includes central air and a private exterior.

Property Size2,676 SF
Days on Market417

Property Features for 721 S Dora Street #1 & 2

General Information

Standard status Active
Size 2,676 SF
Total Parking Spaces 10
Zoning CN
Lease Term 24 Months

Amenities

Front Sign, Reception Area, Sprinkler System Lawn
Central Air
Central
Private

Building Details

Building Size 2,676 SF
Year Built 1962
Buildings 2
Stories 1
Listing Agency: EXP REALTY OF CALIFORNIA, INC
Listed By: Carissa M. Sadlier · License #02219601
Source: Evrealestate
Added: Aug 26, 2025 Changed: Oct 5 Last Checked: Oct 16 at 6:49AM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Medical office space identified as Suites 1 and 2 is located at 721 S Dora Street in Ukiah, California. The property includes central air and a private exterior feature, with the building constructed in 1962.

The site is positioned on the east side of South Dora Street, one building before Mill Street, within the MedDent row. CN zoning is associated with the property, and it is located in Mendocino County.

Key Highlights

  • Medical office space identified as Suites 1 and 2
  • CN zoning
  • Central air

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,848
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$776,960 $777.0K
Cap Rate 7%
$554,971 $555.0K
Cap Rate 9%
$431,644 $431.6K
Market Conditions
NOI Build-Up for 2,676 SF
Gross rent
$60.4K $22.56/SF
− Vacancy
−$8.6K −$3.20/SF
EGI
$51.8K $19.36/SF
− OpEx
−$12.9K −$4.84/SF
NOI
$38.8K $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%
$776,960
Cap Rate 7%
$554,971
Cap Rate 9%
$431,644

Alternative Uses

Best Use
Healthcare Medical
$850.2K
$743.9K – $991.9K (±1% cap)
NOI $59,513 @ 7.0% cap · market cap 10.84%
Second Best
Office B
$555.0K
$485.6K – $647.5K (±1% cap)
NOI $38,848 @ 7.0% cap · market cap 7.08%
Theoretical Best
Flex RnD
$1.00M
$875.4K – $1.17M (±1% cap)
NOI $70,032 @ 7.0% cap · market cap 12.76%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Medical Office Space

Location Intelligence

Trade Area within ½ mile

Well-served
Demand for This Use

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - The property includes central air and a private exterior.
Where is this medical office space located?
The property is located at 721 S Dora Street #1 & 2 Ukiah, CA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Medical office space identified as Suites 1 and 2; CN zoning; Central air
More about this property
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