Property profile

1507 2nd St Eureka, CA 95501

OFF-MARKET
Office Spaces
Property ID
US09-3856452
1,198 SF 0.07 ac lot Built 1894
Individually Owned 16-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1894
Construction WOOD
Total area 1,198 SF
Lot 0.07 ac (3,049 SF)
Zoning code OR
APN 002-211-001-000
UPID US09-3856452

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1507 2nd St Eureka, CA 95501-0701
Eureka metro Census 500 EUREKA-ARCATA-FORTUNA, CA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2009
6 recorded transactions
2009
$395,000
2004
$265,000
2002
Price N/A
1993
$95,000
1993
Price N/A
1985
Price N/A

Zoning & alternative use

OR · Eureka, CA
Zoning description

OR zoning district provides a mix of office and residential uses in an environment with a different character and lower intensity than the other mixed-use commercial districts of the city.

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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