Property profile

0 5Th St Eureka, CA 95501

OFF-MARKET
Specialty properties
0.3 ac lot
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Property summary

AI-generated overview

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

Verified
Property type Specialty properties
Lot 0.3 ac (13,068 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5Th St Eureka, CA 95501
Eureka metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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