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    FOR SALE
    Office Spaces

    1101 4Th St, Eureka, CA 95501

    0.18 ac lot
    Individually Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US09-3111576
    Property summary
    AI-generated overview

    This exceptional 0.33-acre commercial property, located at 1101 4th Street in Eureka, California (zip code 95501), presents a unique development opportunity. The property, encompassing three separate parcels, boasts a total of 3,700 square feet and sits at a signalized intersection on Highway 101, ensuring high visibility and accessibility. Its strategic location next to the Carter House in Eureka further enhances its desirability. The property is zoned OR-AR, allowing for the construction of a multi-story structure, maximizing both visibility and utility. This zoning designation opens the door for a variety of development options, including mixed-use or commercial projects. The high-traffic location makes this an ideal site for a business seeking maximum exposure. The asking price for this prime development opportunity is $900,000. This is a rare chance to create a landmark project in one of Eureka's most desirable and visible locations. Don't miss this chance to capitalize on the potential of this exceptional property.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Lot 0.18 ac (7,840 SF)
    Zoning code OR-AR
    APN 001-173-010-000
    UPID US09-3111576
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Michael Cho · 1 yrs held
    Michael Cho
    since 2024
    Last sale
    $490,000
    4 recorded transactions
    2024
    $490,000
    2024
    1992
    1986
    Zoning & alternative use
    OR-AR · Eureka, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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