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Property profile & analytics

41 Mendocino Ave Willits, CA 95490

  • Warehouses
  • 0.15 lot acres
Value Estimation
Location Intelligence
Property ID
US09-1210235
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

  • Warehouses

Property Details for 41 Mendocino Ave

Lot size
0.15 lot acres
Property type
Warehouses
APN
005-224-19-00
APU
52241900

Description

This exceptional investment opportunity presents a fully leased, free-standing retail/office building situated in the heart of downtown Willits, California. Located just one block from Main Street, on Mendocino Avenue, the property boasts approximately 2,400 square feet of space spread across multiple units, all currently under lease. The building features an attractive covered porch with both ramp and stair access, ensuring accessibility for all. Ample on-site parking is available in the rear lot for tenants and customers. The interior of the building is bright and inviting, thanks to numerous windows that allow abundant natural light to flood each space. Many units showcase attractive wood trim and open layouts, offering flexibility for a variety of uses. 45 W. Mendocino Avenue, currently leased to a beauty salon, features laminate hardwood floors. Units 55 and 65 W. Mendocino Avenue are connected and leased to a professional service. Unit 55 includes dedicated office space, a kitchenette, and a restroom, while Unit 65 is a large, open area currently used as a meeting room, but easily adaptable for additional office or retail use. The property sits on a 0.15-acre lot and is priced at $319,900. This prime downtown location and the diverse, flexible spaces make this a compelling investment opportunity with strong potential for future growth and return. The current leases provide immediate income generation, making this a low-risk, high-reward venture.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $255,000
  • CAP approach

    CAP return
    Estimation
    6%
    $330,000
    6.5%
    $315,000
    7%
    $285,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $275,000
    Geo Method
    $295,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $335,000
    Retail
    $280,000
    Mixed-Use
    $270,000
    Hospitality
    $325,000
    Educational
    $320,000
    Residential Income
    $315,000
    Energy
    $315,000
    Income-Based Land
    $285,000
    Food Service
    $310,000

Location Insight

  • Map
  • Local Demand
City
Willits
County
Mendocino
State
California
Longitude
-123.355
Latitude
39.4111
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
$4,681
$70,755
$234,397
$305,152
-
$0.00
$0.00
$0.00
More about this property
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