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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1255 Airport Park Blvd Ukiah, CA 95482

10.51 ac lot Built 1995
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 100% leased, single-tenant retail property located at 1255 Airport Park Boulevard, Ukiah, CA. The property boasts a substantial 10.51-acre lot and comprises a significant retail footprint. The main building offers over 80,400 square feet of bulk retail space, meticulously maintained and upgraded since its construction in 1995 by the current tenant, a Home Improvement Center. Recent improvements include a new 50-year Gaco-Silicone roof, a comprehensive fire sprinkler system, a backup generator, a convenient loading dock, and an expansive 258-space parking lot. Further enhancing the property's appeal is a separate 5,945 square foot retail canopy, ideal for a garden center, and a substantial 41,472 square foot dry bulk storage building equipped with a metal roof, sprinklers, and extensive racking systems. The property benefits from nearly 700 feet of high-visibility frontage along Mendocino County's busiest commercial corridor, enjoying prominent exposure on US Highway 101. The long-standing tenant, a family-owned business, maintains a loyal customer base drawn from a wide local and regional area, offering a comprehensive selection of value-priced merchandise and exceptional customer service. This presents a rare opportunity to acquire a stable, high-income-generating asset with significant long-term potential. The property's size, location, and tenant history make it an attractive investment for discerning buyers seeking a secure and profitable venture.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1995
Lot 10.51 ac (457,816 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Schat's Bakery Cafe at Friedman Brothers Home Improvement Bakery Specialty Food Shop
  • Minute Key Locksmith (Bike/Boat/Book/etc) Store
  • Primo Water Exchange Big Box & Wholesale Store
  • Friedman's Home Improvement Ukiah Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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