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    Property profile & analytics

    111 State St Ukiah, CA 95482

    • Retail space
    • 0.07 lot acres
    For Sale
    View listing
    $475,000
    Value Estimation
    Last Sale
    Sep 12, 2022
    $700,000
    Location Intelligence
    Property ID
    US09-2842827
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • D.William Jewelers / Jewelry Store
    • Mac Nab's Men's Wear / Work Clothes Store / Men'S Clothing Store
    • Villa Del Mar / Mexican Restaurant

    Property Details for 111 State St

    Lot size
    0.07 lot acres
    Property type
    Retail space
    APN
    002-228-02-00
    APU
    22280200

    Description

    This exceptional mixed-use property, located at 111 S State Street in the heart of downtown Ukiah, California, presents a rare investment opportunity. Situated on a 0.05-acre lot, this highly visible building boasts prime State Street frontage, ensuring excellent exposure and high foot traffic. The property is fully equipped for a successful restaurant operation, offering a turnkey solution for an ambitious entrepreneur. This represents a significant advantage, eliminating the need for extensive renovations or equipment purchases. The building's location within the thriving downtown Ukiah area positions it perfectly to capitalize on the city's continued growth and development. This is an ideal opportunity for an investor seeking a strong return on investment in a desirable and dynamic location. The property's turnkey restaurant setup, combined with its prominent location and the potential for future growth in Ukiah, makes this a truly compelling investment prospect. The asking price for this unique property is $475,000. Don't miss this chance to own a piece of downtown Ukiah's vibrant commercial landscape. Serious inquiries are encouraged.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $645,000

    • CAP approach

      CAP return
      Estimation
      6%
      $785,000
      6.5%
      $735,000
      7%
      $700,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $900,000
      Geo Method
      $670,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $760,000
      Retail
      $725,000
      Mixed-Use
      $785,000
      Hospitality
      $660,000
      Educational
      $780,000
      Residential Income
      $710,000
      Energy
      $670,000
      Income-Based Land
      $735,000
      Food Service
      $635,000

    Location Insight

    • Map
    • Local Demand
    City
    Ukiah
    County
    Mendocino
    State
    California
    Longitude
    -123.207
    Latitude
    39.1504
    CBSA code
    46380
    CBSA name
    UKIAH, CA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,898
    $83,109
    $143,727
    $226,836
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5.40 Acres

      437 Orch Ave

      RETAIL STORES (PERSONAL SERVICES) • 5.40 Acres
      437 Orch Ave, Ukiah, CA 95482-4540
      View Details
    • Value Estimation by Request
      0.46 Acres

      1420 State St

      RETAIL STORES (PERSONAL SERVICES) • 0.46 Acres
      1420 State St, Ukiah, CA 95482-6402
      View Details
    • Value Estimation by Request
      0.98 Acres

      1005 State St

      RETAIL STORES (PERSONAL SERVICES) • 0.98 Acres
      1005 State St, Ukiah, CA 95482-3413
      View Details
    • Value Estimation by Request
      0.35 Acres

      2201 State St

      RETAIL STORES (PERSONAL SERVICES) • 0.35 Acres
      2201 State St, Ukiah, CA 95482-6723
      View Details
    • Value Estimation by Request
      2.18 Acres

      Ukiah, CA 95482

      RETAIL STORES (PERSONAL SERVICES) • 2.18 Acres
      Ukiah, CA 95482
      View Details
    • Value Estimation by Request
      0.47 Acres

      200 School St

      RETAIL STORES (PERSONAL SERVICES) • 0.47 Acres
      200 School St, Ukiah, CA 95482-4811
      View Details

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    Ukiah, CA 95482
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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