Mixed-Use Building with Multiple
99 S Humboldt St, Willits, CA 95490
For Sale
New
$549,000
Five electric meters and a room layout support flexible occupancy across the building.
Property Size3,200 SF
Days on Market2
Property Features for 99 S Humboldt St
General Information
Standard status
Size
Property subtype
Zoning
Lease Term
Building Details
Building Size
Year Renovated
Listing Agency:
Luxe Places International Realty
Listed By:
Peter Smith · License #01205926
(707) 570-6138
Source:
Elliman
Added: Nov 8
Last Checked: Nov 8 at 2:49PM
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 Luxe Places International Realty
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Investment Insights
Based on property information with market context.
The mixed-use building contains 26 rooms, two kitchens and four bathrooms. Rebuilt in 2000, it has three entrances connected by ramps and is divided among five electric meters. C1 zoning supports a range of commercial uses.
Located at 99 S Humboldt St in Willits, the property has a Walk Score of 75 and a Bike Score of 53. The existing room and utility configuration can accommodate office or retail space, apartments, elder care, Airbnb, or a combination of uses.
Located at 99 S Humboldt St in Willits, the property has a Walk Score of 75 and a Bike Score of 53. The existing room and utility configuration can accommodate office or retail space, apartments, elder care, Airbnb, or a combination of uses.
Key Highlights
- 26 rooms, two kitchens and four bathrooms
- Three entrances linked by ramps
- Five electric meters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,456
Cap Rate
8.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$929,120
$929.1K
Cap Rate 7%
$663,657
$663.7K
Cap Rate 9%
$516,178
$516.2K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$72.2K $22.56/SF
− Vacancy
−$10.3K −$3.20/SF
EGI
$61.9K $19.36/SF
− OpEx
−$15.5K −$4.84/SF
NOI
$46.5K $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%
$929,120
Cap Rate 7%
$663,657
Cap Rate 9%
$516,178
Alternative Uses
Best Use
Office B
$663.7K
$580.7K – $774.3K
NOI $46,456 @ 7.0% cap · market cap 8.46%
Second Best
Mixed Use
$555.4K
$486.0K – $648.0K
NOI $38,880 @ 7.0% cap · market cap 7.08%
Theoretical Best
Flex RnD
$1.20M
$1.05M – $1.40M
NOI $83,746 @ 7.0% cap · market cap 15.25%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
601
Businesses Nearby
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Business Placement
Demographics for 95490, CA
14,227
Population
6,077
Households
2.3
Avg Household Size
42
Median Age
23%
College-Educated
89%
High-School Grad
430.1 sq mi
ZIP Area
33
Density / Sq Mi
$67,069
Median Household Income
$44,362
Median Earnings
$1,243
Median Rent
$383,900
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Five electric meters and a room layout support flexible occupancy across the building.
Where is this mixed-use property located?
The property is located at 99 S Humboldt St Willits, 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: 26 rooms, two kitchens and four bathrooms; Three entrances linked by ramps; Five electric meters
