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Property profile & analytics
OFF-MARKET
Warehouses

61 3Rd St Eureka, CA 95501

2,580 SF
Property ID
Property summary
AI-generated overview

This exceptional 2,580 square foot warehouse, located at 61 W 3rd St and 55 W 3rd St in Eureka, California (zip code 95501), presents a unique investment opportunity. Situated on a 0.1-acre lot in Humboldt County, this single-tenant property offers significant potential for a variety of commercial ventures. Previously used as a state-of-the-art cannabis lab, the property boasts extensive freezer and refrigeration capabilities, making it exceptionally well-suited for food distribution, storage, or similar businesses. The property has undergone a full upgrade and remodel, simplifying a potential license renewal for cannabis operations. Its location within Eureka's Cannabis Innovation Zone provides unparalleled access to resources and a thriving industry. The ease of license renewal for cannabis-related businesses makes this a particularly attractive option for those in that sector. Neighboring warehouse spaces offer the potential for expansion or collaboration, providing additional flexibility to meet evolving business needs. This is a rare opportunity to acquire a fully upgraded, versatile commercial space in a prime Eureka location. The property is classified as Industrial and Land, with a Commercial subtype.

Property profile
Verified
Property type Warehouses
Total area 2,580 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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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