Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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