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Property profile & analytics
FOR SALE
Warehouses

1550 N Lovers Ln Ukiah, CA 95482

0.62 ac lot
Individually Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US09-2366266
Property summary
AI-generated overview

This exceptional commercial property presents a unique investment opportunity in Ukiah, CA. Located at 1550 N Lovers Lane, this 4400 square foot building sits on a 0.62-acre lot and enjoys a prime location adjacent to Highway 101, ensuring high visibility and accessibility. The property includes an established restaurant currently operating with hours from 7 am to 2 pm daily. The spacious interior features a dedicated banquet room, ideal for larger gatherings or private events. The building's strategic placement benefits from its proximity to numerous amenities, including shopping centers, gas stations, a Raley's grocery store, and an In-N-Out Burger, guaranteeing a steady flow of potential customers. This turnkey operation offers immediate income potential and significant upside for a savvy investor looking to capitalize on a thriving location and established business. The asking price for this combined property and business is $1,595,000. This is a rare chance to acquire a well-positioned commercial property with an existing, profitable business already in place. The property's size and location make it suitable for a variety of uses, offering flexibility for future expansion or adaptation to changing market demands. Serious inquiries are encouraged.

Property profile
Verified
Property type Warehouses
Use group BULK STORAGE, TANKS
Lot 0.62 ac (27,007 SF)
APN 170-120-11-00
UPID US09-2366266
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
  • Zack's Catering Take-out & Catering Catering Service
  • Jensen's Restaurant Restaurant
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
Spiros Vlachos · 8 yrs held
Spiros Vlachos
since 2018
2 recorded transactions
2018
Price N/A
2009
$600,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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