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Property profile & analytics
OFF-MARKET Estimated value $680,000
Retail space

111 State St Ukiah, CA 95482-4415

0.07 ac lot
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US09-2842827
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 0.07 ac (2,994 SF)
APN 002-228-02-00
UPID US09-2842827
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
Current use
Occupant on record · Public records
  • D.William Jewelers (Bike/Boat/Book/etc) Store
  • Mac Nab's Men's Wear Clothing & Fashion Store
  • Villa Del Mar Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$680k
Owner & transaction history
Todd A Schapmire JR · 3 yrs held
Todd A Schapmire JR
since 2022
Last sale
$700,000
3 recorded transactions
2022
$700,000
2000
Price N/A
1993
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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