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Property profile & analytics
OFF-MARKET
Estimated value
$1,220,000
Commercial real estate
238 Grant St Eureka, CA 95501-1650
Individually Owned
Absentee Owner
Free & Clear
Property ID
US09-2252626
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2016
Total area
8,244 SF
Lot
0.15 ac (6,534 SF)
Zoning code
CS-AR
APN
004-012-009-000
UPID
US09-2252626
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
$1.29M
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.22M
Owner & transaction history
Daniel Albert Cavanaugh
Daniel Albert Cavanaugh
since 2025
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
CS-AR · Eureka, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.6M
+31.7%
Industrial (general)
$1.5M
+29.0%
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 Eureka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eureka 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%
$1,390,000
6.5%
$1,285,000
7%
$1,190,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,180,000
Current use
RESTAURANT
$1,550,000
Change: +32% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,520,000
Change: +29% · Conversion: Moderate
RETAIL STORES
$980,000
Change: -17% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$965,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$1.22M
Range $1.10M – $1.34M · ±10% · vs last sale $900k (Dec 18 2025)
Last sale anchor
$900k
Dec 18 2025
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
$148 / 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
$16,382
Tax year 2024
Assessed value
$1,561,723
Assessed 2024
Previous assessed
$1,561,723
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$167,325
Assessed improvement
$1,394,398
Applied tax rate
3.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2016
Heating
NONE
Stories
2
Rooms
10
Total area
8,244 SF
Lot
0.15 ac (6,534 SF)
Zoning code
CS-AR
APN
004-012-009-000
UPID
US09-2252626
Jurisdiction
HUMBOLDT
Zoning & alternative use
CS-AR · Eureka, CA
Zoning CS-AR · permitted uses
CS-AR · Eureka, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eureka. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.2M
RESTAURANT
Est. value
$1.6M
INDUSTRIAL (GENERAL)
Est. value
$1.5M
RETAIL STORES
Est. value
$980,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$965,000
COMMERCIAL (GENERAL) Current
RESTAURANT
INDUSTRIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2016
Heating
NONE
Stories
2
Rooms
10
Lot
0.15 ac
Current owner
From public records · entity-resolved
Daniel Albert Cavanaugh
Individual
Free & Clear · 0 yrs held
Mailing address
8965 VIS DE LAGO CT, GRANITE BAY, CA 95746-5820
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2025
$900,000
Daniel Albert Cavanaugh
Andrew Y Rocklin
Grant Deed
—
Apr 18, 2024
—
Andrew Y Rocklin
—
Deed
related
$525,000 · Mcg Income Fund LP
Nov 9, 2022
—
Andrew Y Rocklin
Andrew Y Rocklin
Intrafamily Transfer
related
—
Mar 8, 2021
—
Andrew Y Rocklyn
Andy Rocklin
Grant Deed
—
Sep 19, 2017
$1,400,000
Andy Rocklin
Bell Christopher G & Trac
Grant Deed
$1,398,200 · Rocklin Family Trust (rt)
Sep 19, 2017
—
Andrew Rocklin
Rocklin,maria
Quit Claim Deed
related
—
May 18, 2015
—
Bell,c G & T A 2015 Trust
Bell Christopher & Tracy
Quit Claim Deed
related
—
Mar 7, 2014
$95,000
Christopher Bell
Warmuth,dale & Jeannemarie B
Grant Deed
—
Mar 19, 2012
$75,000
Dale Warmuth
Bacon,gerald & Melissa A
Grant Deed
—
Nov 23, 1994
—
Gerald G Bacon
Bacon,gerald & Melissa A
Quit Claim Deed
related
—
Oct 21, 1977
—
—
—
Grant Deed
related
—
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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