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    1441 Newburg Rd Fortuna, CA 95540

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    For Sale
    Contact for pricing

    69-Acre Mixed-Use Development in Fortuna, CA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 69-acre mixed-use development opportunity in Fortuna, California, presents a unique chance to establish a significant presence in a thriving market. The entitled project includes up to nine acres designated for multi-family development, alongside plans for industrial warehouse/distribution space, small and large-format retail buildings, and a hotel. Located conveniently along Highway 101, between Kenmar Road and 12th Street on/off ramps, this site offers unparalleled accessibility. The project addresses the current shortage of high-quality industrial and retail space in the Eureka/Fortuna area. A conceptual site plan allows for flexible build-to-suit options, enabling businesses to construct facilities tailored to their specific operational needs. The development's design incorporates plans for solar and alternative energy sources, reflecting a commitment to sustainability. This is a rare chance to secure prime real estate in a growing market and create a custom-designed facility to meet your business objectives. The multi-family component adds further investment potential. The project's strategic location and flexible design make it an ideal investment for a variety of businesses seeking to expand or establish a new presence in Humboldt County.

    Property Features for 1441 Newburg Rd

    General Information

    Property type
    Land

    HighLights

    • 69‑acre entitled mixed‑use development in Fortuna, CA.
    • Includes up to 9 acres designated for multi‑family development.
    • Build‑to‑suit opportunities for industrial, warehouse, retail, and hotel components.
    • Strategically located along Hwy 101, between Kenmar Rd. and 12th St. on/off ramps.
    • Planned integration of solar and alternative energy sources.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fortuna
    County
    Humboldt
    State
    California
    Longitude
    -124.1516516
    Latitude
    40.588778

    Nearby Comparable

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    Nearby Similar for Sale

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      Fortuna Warehouse: $3.199M

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    FAQs

    What type of property is this?
    Land - 69-Acre Mixed-Use Development in Fortuna, CA
    Where is this land located?
    The property is located at 1441 Newburg Rd Fortuna, CA.
    What are key features of this property?
    This property features: 69-acre entitled mixed-use development in Fortuna, CA.; Includes up to 9 acres designated for multi-family development.; Build-to-suit opportunities for industrial, warehouse, retail, and hotel components.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1441 Newburg Rd Fortuna, CA 95540
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