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Property profile & analytics
OFF-MARKET
Estimated value
$2,715,000
Office Spaces
1125 16th St, Arcata, CA 95521-5585
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2785653
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1925
Total area
21,136 SF
Lot
1.59 ac (69,260 SF)
Zoning code
RL
APN
020-133-003-000
UPID
US09-2785653
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
-
Hand Therapy Center Physician
-
Usda Soil Survey Office Sustainability Organization
-
Sonja L. Harting M.S. MFT (Marriage and Family Therapist) Crisis Center Medical Clinic
-
US Health & Human Services Department Physician
-
Insight & Strategies Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.29M
Comparable Approach
Comparable
$2.20M
Blend (final)
Blend
$2.72M
Owner & transaction history
Humboldt State University Foundatio · 4 yrs held
Humboldt State University Foundatio
since 2021
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
RL · Arcata, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$4.2M
+14.3%
Restaurant
$4.0M
+7.3%
Industrial (general)
$3.9M
+5.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Arcata submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arcata submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,565,000
6.5%
$3,290,000
7%
$3,055,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,705,000
Current use
APARTMENT HOUSE (5+ UNITS)
$4,235,000
Change: +14% · Conversion: Moderate
RESTAURANT
$3,980,000
Change: +7% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,895,000
Change: +5% · Conversion: Moderate
RETAIL STORES
$3,275,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$2.72M
Range $2.44M – $2.99M · ±10% · vs last sale $2.80M (Dec 20 2021)
Last sale anchor
$2.80M
Dec 20 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$128 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$32,804
Tax year 2024
Assessed value
$2,913,120
Assessed 2024
Previous assessed
$2,913,120
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$520,200
Assessed improvement
$2,392,920
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1925
Heating
NONE
Stories
2
Total area
21,136 SF
Lot
1.59 ac (69,260 SF)
Zoning code
RL
APN
020-133-003-000
UPID
US09-2785653
Jurisdiction
HUMBOLDT
Zoning & alternative use
RL · Arcata, CA
Zoning RL · permitted uses
RL · Arcata, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arcata. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.2M
RESTAURANT
Est. value
$4.0M
INDUSTRIAL (GENERAL)
Est. value
$3.9M
RETAIL STORES
Est. value
$3.3M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
INDUSTRIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1925
Heating
NONE
Stories
2
Lot
1.59 ac
Current owner
From public records · entity-resolved
Humboldt State University Foundatio
Individual
Mailing address
1 HARPST ST, ARCATA, CA 95521-8222
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2021
$2,800,000
Humboldt State University Foundatio
D B Properties LP
Grant Deed
—
Jan 19, 2005
—
D B Properties
Dunaway,robert W
Grant Deed
—
Mar 25, 2002
—
Michael Dunaway
Dunaway,anna
Quit Claim Deed
related
$675,000 · Humboldt Bank
Jan 16, 2002
—
Robert W Dunaway
Rasmussen,susan & Catherine
Grant Deed
related
—
Apr 6, 1993
—
Robert A Estate Of|dunaway Dunaway
—
Grant Deed
related
—
Mar 3, 1980
—
—
—
Grant Deed
related
—
—
—
Robert A Dunaway Estate
—
Deed Of Trust
related
$625,000 · Us Bank Of California
—
—
Db Properties LP
—
Deed Of Trust
related
$757,000 · Umpqua Bank
—
—
Db Properties
—
Deed Of Trust
related
$249,500 · Umpqua Bank
—
—
Robert A Dunaway Estate
—
Deed Of Trust
related
$125,000 · Us Bank Of California
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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