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    Of The Giants Ave Miranda, CA 95553

    For Sale
    $850,000

    Restaurant, commercial building, and home on Avenue of Giants.

    Lot size:
    0.11 Acres

    Property Features for Of The Giants Ave

    General Information

    Standard status
    Active
    Lot size
    0.11 Acres

    Source: Eel River Realty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant and Home on Giants

    This property features a restaurant, a commercial building, and a two-bedroom, one-bath home located on the Avenue of the Giants in Miranda, California. The Redwood Palace restaurant, established for six years, offers dining services four nights a week, presenting opportunities for business expansion by extending operating days and introducing breakfast service. A spacious event area at the rear of the restaurant is suitable for hosting various gatherings. The location on the Avenue of the Giants benefits from tourist traffic and a local customer base.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Map

    City
    Miranda
    County
    Humboldt
    State
    California
    Longitude
    -123.929
    Latitude
    40.2835

    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Conventional restaurant - Restaurant, commercial building, and home on Avenue of Giants.
    Where is this conventional restaurant located?
    The property is located at Of The Giants Ave Miranda, CA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Established Redwood Palace restaurant with 6 years of loyal clientele.; - Includes a commercial building, restaurant, and a separate 2-bedroom, 1-bath home.; - Located on the Avenue of the Giants, a high-traffic tourist destination.
    (707) 223-5583
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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
    Of The Giants Ave Miranda, CA 95553
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