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    855 New Navy Base Rd Eureka, CA 95564

    • Industrial properties
    • 400 SF
    • 22.70 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 855 New Navy Base Rd

    Year built
    1860
    Lot size
    22.70 lot acres
    Property size
    400 SF
    Property type
    Industrial properties
    Property subtype
    Flex space

    Description

    This exceptional 22-acre property, located at 855 New Navy Base Rd, Samoa, CA 95564, presents a unique investment opportunity in Humboldt County. Zoned Marine Coastal Industrial, this expansive site boasts a prime waterfront location on Humboldt Bay, offering unparalleled potential. Currently featuring five units – four residential units, a bathhouse, and a charming beachfront cabin – the property provides immediate income generation. The existing structures, built in 1860 and renovated in 2020, are complemented by readily available utilities including community water, septic, LP gas, and electricity. The property's 400-4,541 square feet of flexible industrial space across five buildings offers versatility for various commercial uses. Its strategic location near the planned offshore wind farm development presents significant long-term growth potential, with possibilities for future docking infrastructure and aquatic-based businesses. The land value is $396 per square foot, and the asking price for the entire property is $1,800,000, or $450,000 per unit. This is one of the few remaining industrial/commercial properties available for sale near the burgeoning offshore wind farm project. A full offering memorandum is available upon request. This property offers a blend of immediate income and substantial future development potential, making it an exceptional addition to any investment portfolio.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Eureka
    County
    Humboldt
    State
    California
    Longitude
    -124.208
    Latitude
    40.7792

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    855 New Navy Base Rd
    Eureka, CA 95564
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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
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