Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    308 Perkins St Ukiah, CA 95482-4505
    Back to Search
    Property profile & analytics

    308 Perkins St, Ukiah, CA 95482-4505

    View on Map
    • Commercial real estate
    • 1.26 lot acres
    Off-Market
    Property ID
    US09-2604114
    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

    • Walgreens / Pharmacy
    • Eryn Whitaker, PharmD / Pharmacy
    • Walgreens Photo / (Bike/Boat/Book/etc) Store
    • Walgreens Pharmacy / Pharmacy
    • FedEx OnSite / Postal Service / Courier Service

    Property Details for 308 Perkins St

    Lot size
    1.26 lot acres
    Property type
    Commercial real estate
    APN
    002-193-21-00
    APU
    21932100

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 30, 2015 — Jlc Girls LLC Hone Trust Quit Claim Deed · related —
    Mar 29, 2007 — Robert D Simonds Mv Ukiah Partners LLC Grant Deed —
    Mar 9, 2006 — Mv Ukiah Partners LLC Quan J G & R 2005 Trust Grant Deed —
    Aug 29, 2005 — Quan Jing G & R 2005 Trust Quan,jing & Rosita Quit Claim Deed · related —
    Jun 22, 1998 — Florine J Ellingson Ellingson,darryl E Quit Claim Deed · related —
    Jun 22, 1998 $600,000 Quan,jing & Rosita Trombetta,robert A Trustees Deed $500k · Seller
    Apr 20, 1998 $100,000 Robert A Trombetta Trombetta Trust Grant Deed · related —
    Sep 25, 1996 — Trombetta Trust Trombetta Trust Quit Claim Deed · related —
    — — Hone Trust — Deed Of Trust · related —
    — — Jin Quan — Deed Of Trust · related $550k · Savings Bank Mendocino County

    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
    Ukiah
    County
    Mendocino
    State
    California
    Longitude
    -123.204
    Latitude
    39.1511
    CBSA code
    46380
    CBSA name
    UKIAH, 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
    2023
    $46,295
    $1,602,225
    $2,247,144
    $3,849,369
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1.07 Acres

      979 Marlene St

      Land
      979 Marlene St, Ukiah, CA 95482
      View Details
    • Value Estimation by Request
      0.23 Acres

      Mill St

      Land
      0 Mill St, Ukiah, CA 95482
      View Details
    • Value Estimation by Request
      20.00 Acres

      530 Lk Mendocino Dr

      COMMERCIAL (GENERAL)
      530 Lk Mendocino Dr, Ukiah, CA 95482-9434
      View Details
    • Value Estimation by Request
      4.04 Acres

      333 Laws Ave

      COMMERCIAL (GENERAL)
      333 Laws Ave, Ukiah, CA 95482-6540
      View Details
    • Value Estimation by Request
      3.43 Acres

      910 Orr St

      COMMERCIAL (GENERAL)
      910 Orr St, Ukiah, CA 95482
      View Details
    • Value Estimation
      $515,000
      0.94 Acres

      Ukiah, CA 95482

      COMMERCIAL (GENERAL)
      Ukiah, CA 95482
      View Details

    Similar Nearby for Sale

    • $499,000
      5,618 SF

      Downtown Ukiah Commercial Building

      Two-story commercial building with fifteen office units in Ukiah.
      216 W Perkins St, Ukiah, CA 95482
      View Details
    • $209,000

      Lake Mendocino View Land

      2.66 acres with lake views and development potential.
      5875 Lake Ridge Rd, Ukiah, CA 95482
      View Details
    • Contact for pricing
      5,600 SF

      Mixed-Use Property | 5,600 SqFt

      Mixed-use property available for sale, totaling 5,600 square feet.
      4300 N State St, Ukiah, CA 95482
      View Details
    • Contact for pricing

      Ukiah Industrial Land For Sale

      17.2 acres of I-2 Industrial land near Highway 101.
      585 Kunzler Ranch Rd, Ukiah, CA 95482
      View Details
    • $329,000

      High-Traffic Commercial Land Opportunity

      Prime commercial land with high visibility and development potential.
      701 Orchard Ave S, Ukiah, CA 95482
      View Details

    Similar Nearby for Lease

    • $2,595 /Mo
      5,227 SF

      Retail/Office Space Near Courthouse

      Ground floor retail or office space in prime location.
      School St, Ukiah, CA 95482
      View Details
    • $11,500 /Mo

      Ukiah Retail Space For Rent

      Retail space available for lease in Ukiah, California.
      1550 N Lovers Ln, Ukiah, CA 95482
      View Details
    • Contact for pricing

      Ukiah Retail/Office Space Available

      Retail or office spaces for lease in Ukiah's Airport Business Park.
      1252 Airport Park Blvd, Ukiah, CA 95482
      View Details
    • Contact for pricing

      Grocery-Anchored Retail Center Space

      Retail spaces available in a community shopping center.
      504-570 N Orchard Ave, Ukiah, CA 95482
      View Details
    • Contact for pricing

      Pad Site For Ground Lease

      Pad site for ground lease with highway visibility.
      437 N Orchard Ave, Ukiah, CA 95482
      View Details
    • Contact for pricing
      1,823 SF

      Crescent City Drive-Thru Restaurant

      Former Subway drive-thru restaurant on Highway 101 near Crescent Harbor.
      309 Us Highway 101 S, Crescent City, CA 95482
      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.
    308 Perkins St
    Ukiah, CA 95482-4505
    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

    Thank You for Inquiry
    308 Perkins St, Ukiah, CA, 95482
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!