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Property profile & analytics
OFF-MARKET
Estimated value
$1,750,000
Retail space
320 2nd St Eureka, CA 95501-0458
Individually Owned
3-yr Hold
Free & Clear
Property ID
US10-3059596
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1953
Total area
18,701 SF
Lot
0.3 ac (13,068 SF)
Zoning code
CW
APN
001-093-004-000
UPID
US10-3059596
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
-
Minerva's Bizarre Gifts (Bike/Boat/Book/etc) Store
-
Humboldt's Lash and Brow Artistry Hair Salon Nail Salon
-
Knightsbridge Insurance Services Insurance Agency
-
Sugarfoot and Co. (Bike/Boat/Book/etc) Store
-
Lisa Atkins Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.71M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.68M
Blend (final)
Blend
$1.75M
Owner & transaction history
Rogelio Luna · 3 yrs held
Rogelio Luna
since 2023
Last sale
$2.1M
4 recorded transactions
Zoning & alternative use
CW · Eureka, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.7M
+20.2%
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
$1,720,000
ML approach
$1,705,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,225,000
Current use
COMMERCIAL (GENERAL)
$2,675,000
Change: +20% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,190,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$1.75M
Range $1.58M – $1.93M · ±10% · vs last sale $2.10M (Feb 28 2023)
Last sale anchor
$2.10M
Feb 28 2023
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
$94 / 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
$16,454
Tax year 2024
Assessed value
$1,568,505
Assessed 2024
Previous assessed
$1,568,505
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$403,920
Assessed improvement
$1,164,585
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1953
Heating
NONE
Stories
4
Units
14
Rooms
32
Total area
18,701 SF
Lot
0.3 ac (13,068 SF)
Zoning code
CW
APN
001-093-004-000
UPID
US10-3059596
Jurisdiction
HUMBOLDT
Zoning & alternative use
CW · Eureka, CA
Zoning CW · permitted uses
CW · 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
RETAIL STORES Current
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.2M
RETAIL STORES Current
COMMERCIAL (GENERAL)
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
1953
Heating
NONE
Stories
4
Units
14
Rooms
32
Lot
0.3 ac
Current owner
From public records · entity-resolved
Rogelio Luna
Individual
Free & Clear · 3 yrs held
Mailing address
4911 PO BOX 345TH ST APT C, PORT HUENEME, CA 93044-0345
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2023
$2,096,500
Rogelio Luna
Imperiale Square LLC
Grant Deed
—
Jan 19, 2007
$1,000,000
John Egan
Milsom,rebecca L I
Grant Deed
—
Jan 19, 2007
—
Imperiale Square LLC
John Egan
Grant Deed
$1,100,000 · Redwood Capital Bank
Dec 19, 1975
—
Robert E Imperiale
—
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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