Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    281 Fernbridge Dr Fortuna, CA 95540-9790

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    281 Fernbridge Dr Fortuna, CA 95540-9790

    View on Map
    • Turn key restaurants
    • 1.50 lot acres
    Off-Market
    Property ID
    US10-3167639
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Angelina Woodfired Kitchen / Restaurant

    Property Details for 281 Fernbridge Dr

    Lot size
    1.50 lot acres
    Zone code
    CG
    Property type
    Turn key restaurants
    APN
    200-042-004-000
    APU
    200042004000

    Description

    This exceptional turnkey restaurant opportunity in Fortuna, CA, is perfectly situated just off Highway 101, between Eureka, Fortuna, and Ferndale, ensuring high visibility and convenient access for customers. The property boasts a spacious 7,000 square foot building situated on a generous 1.5-acre lot. The interior has been fully remodeled to pristine condition, featuring a large dining room, a massive kitchen fully equipped for efficient operation, a well-appointed bar, a dedicated coffee and ice cream lounge, and a welcoming outdoor patio. Beyond the main restaurant space, the property includes a separate apartment, providing additional living quarters or potential staff housing, and six garage units, offering ample storage or potential expansion possibilities. The sale includes the majority of the existing restaurant equipment, making this a truly turnkey operation ready for immediate use. This is an exceptional opportunity for a restaurateur seeking a well-established and fully equipped location with significant potential for growth. The property's prime location and extensive amenities make it an ideal investment for those seeking a thriving business in a desirable area. The vacant status allows for immediate occupancy and customization to suit the new owner's vision. This is a rare opportunity to acquire a fully operational restaurant with significant added value in a high-traffic area. The asking price is $1,950,000. The property is located at 281 Fernbridge Drive, Fernbridge, CA 95540.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fortuna
    County
    Humboldt
    State
    California
    Longitude
    -124.207
    Latitude
    40.6193
    CBSA code
    21700
    CBSA name
    EUREKA-ARCATA-FORTUNA, CA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $7,237
    $147,281
    $550,478
    $697,759
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5,772 SF

      1468 Main St

      RESTAURANT • 5,772 SF
      1468 Main St, Fortuna, CA 95540-2130
      View Details
    • Value Estimation by Request
      3,014 SF

      320 Main St

      RESTAURANT • 3,014 SF
      320 Main St, Fortuna, CA 95540-1819
      View Details
    • Value Estimation by Request
      1,518 SF

      1260 Main St

      RESTAURANT • 1,518 SF
      1260 Main St, Fortuna, CA 95540-2126
      View Details
    • Value Estimation by Request
      0.24 Acres

      664 Fortuna Blvd

      RESTAURANT • 0.24 Acres
      664 Fortuna Blvd, Fortuna, CA 95540-3005
      View Details
    • Value Estimation by Request
      1.00 Acre

      1875 Riverwalk Dr

      RESTAURANT • 1.00 Acre
      1875 Riverwalk Dr, Fortuna, CA 95540-9555
      View Details
    • Value Estimation by Request
      0.15 Acres

      Fortuna, CA 95540

      DRIVE-THRU RESTAURANT, FAST FOOD • 0.15 Acres
      Fortuna, CA 95540
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,200 SF

      Fortuna Restaurant Building For Sale

      2,200 SF restaurant building on Main Street in Fortuna.
      1206 Main St, Fortuna, CA 95540
      View Details
    • $499,000
      1.19 Acres

      Prime Commercial Land in Fortuna

      High-visibility 1.19-acre commercial land suitable for retail, office, hospitality.
      Riverwalk Dr, Fortuna, CA 95540
      View Details
    • New
      $1,100,000
      9,462 SF

      Mixed-Use Investment in Fortuna, CA

      Mixed-use property with income and upside potential in Fortuna.
      1055 Main St, Fortuna, CA 95540
      View Details
    • Contact for pricing

      69-Acre Mixed-Use Development Opportunity

      Entitled mixed-use project with industrial, retail, and multi-family potential.
      1441 Newburg Rd, Fortuna, CA 95540
      View Details
    • $825,000
      Pending

      Fortuna Commercial Space with Warehouse

      Commercial space with office, retail, and warehouse areas.
      164 Dinsmore Dr, Fortuna, CA 95540
      View Details
    • $1,150,000
      7,000 SF

      Retail/Industrial Property on 1.89 Acres

      7,000 SF retail/industrial property with highway access and visibility.
      126 Dinsmore Dr, Fortuna, CA 95540
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    281 Fernbridge Dr
    Fortuna, CA 95540-9790
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!