61 3Rd St Eureka, CA 95501
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.