Technical
Financial
Distress signals
Property profile

321 Franklin St Fort Bragg, CA 95437

OFF-MARKET
Turn key restaurants
Property ID
US09-3121404
0.09 ac lot
Individually Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a commercial building located in Fort Bragg, California. The ground-floor public-facing interior has been gutted, while office and storage areas toward the rear have remained intact. Utility and infrastructure upgrades include new electrical wiring, installation of a new on-demand water heater, and installation of a new propane line supplied from a shared tank with the adjacent neighboring property. The building includes three tenant-occupied residential apartments upstairs on the alley side, and it has separate alley-side entrances for the business area and the apartments. The property also includes 2-car parking and is configured to support either retail or related commercial use on the ground floor with residential units above; a liquor license has been held separately from the real property transaction and would require separate transfer based on buyer intent.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Lot 0.09 ac (3,882 SF)
APN 008-152-16-00
UPID US09-3121404

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building
  • Atm
  • Bar & Pub Nightclub

Location

321 Franklin St Fort Bragg, CA 95437-3401
Fort Bragg metro Census 10400 UKIAH, CA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2024
5 recorded transactions
2024
Price N/A
2023
Price N/A
2022
$800,000
1996
$250,000
1996
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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