0 5Th St, Eureka, CA 95501
This exceptional 0.3-acre parcel, located at 0 5th Street in Eureka, California (APN 001-142-005), presents a unique investment opportunity. Currently operating as a 34-space parking lot (120' x 110'), this property boasts a prime location in the heart of Eureka's city center, at the signalized intersection of 5th and H Streets. Its high visibility and high traffic count make it ideal for a variety of uses. The permitted Downtown zoning allows for significant flexibility, opening doors to exciting redevelopment possibilities. Imagine a mixed-use development incorporating sub-floor parking, ground-floor retail, and upper-level office or residential spaces. The property's proximity to numerous services, including restaurants, retailers, financial institutions, and the County Courthouse, further enhances its appeal. This is a rare chance to acquire a strategically located asset with substantial upside potential in a thriving California city. The asking price is $450,000. Serious inquiries are encouraged.
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
Similar Nearby for Sale
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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.