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Property profile & analytics

924 5th St Eureka, CA 95501-1109

  • Office Properties & Spaces
  • 1,770 SF
  • 0.07 lot acres
OFF-MARKET
Last Sale
Apr 05, 2022
$375,000
Value Estimations
$385,000
Show details
Cap Rate Potential
4.6%
Office Properties & Spaces
Location Intelligence
Property ID
US09-0251482
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • CBT Dungeon Express / Restaurant
  • Belinda's Bail Bonds / Bail Bonds Service / Notary Public

Property Details for 924 5th St

Year built
1970
Construction
TILT-UP CONCRETE
Lot size
0.07 lot acres
Property size
1,770 SF
Zone code
OR-AR
Property type
Office Properties & Spaces
APN
001-193-002-000
APU
1193002000

Description

This 1,770 square foot, single-story office building is ideally situated in Eureka, California, directly across from the Humboldt County Courthouse and one block from City Hall. Located at 924 5th Street, between J and K Streets, this property boasts exceptional visibility and accessibility. Previously used as a bail bonds office, it's well-suited for various professional uses, including legal services, given its proximity to the courts and governmental agencies. Plans for a cannabis retail dispensary are also in place. The building features a functional layout including a reception area, multiple offices, a conference room, and a break room with a sink. On-site parking accommodates approximately five vehicles (buyer to verify), supplemented by ample street parking. The sale includes two parcels totaling 6,784 square feet (APN: 001-193-002 and 003). The property is currently vacant and ready for immediate occupancy. Built in 1970, the building is zoned for commercial use. The asking price is $400,000, representing a price per square foot of $225.99. Further information regarding a parking easement for an adjacent parcel is available upon request. This owner-user opportunity presents a compelling investment in a high-demand location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Estimation
    $385,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $370,000
    6.5%
    $395,000
    7%
    $345,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $415,000
    Geo Method
    $420,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $350,000
    Retail
    $410,000
    Mixed-Use
    $425,000
    Hospitality
    $390,000
    Educational
    $360,000
    Residential Income
    $390,000
    Energy
    $350,000
    Income-Based Land
    $360,000
    Food Service
    $410,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Eureka
County
Humboldt
State
California
Longitude
-124.161
Latitude
40.8024
CBSA code
21700
CBSA name
EUREKA-ARCATA-FORTUNA, CA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,095
$104,040
$286,351
$390,391
-
$0.00
$0.00
$0.00
More about this property
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