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Property profile & analytics
OFF-MARKET
Estimated value
$2,910,000
Retail space
401 I St Arcata, CA 95521-6118
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3146589
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1953
Construction
TILT-UP CONCRETE
Total area
23,412 SF
Lot
0.49 ac (21,344 SF)
Zoning code
I-C
APN
021-183-006-000
UPID
US09-3146589
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
-
Richards' Goat Tavern & Tea Room Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.52M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.15M
Blend (final)
Blend
$2.91M
Owner & transaction history
Anthony D Frink · 4 yrs held
Anthony D Frink
since 2021
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
I-C · Arcata, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$4.7M
+29.4%
Restaurant
$4.4M
+21.5%
Industrial (general)
$4.3M
+19.0%
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 Arcata submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arcata 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
$3,620,000
ML approach
$3,515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$3,625,000
Current use
APARTMENT HOUSE (5+ UNITS)
$4,695,000
Change: +29% · Conversion: Difficult
RESTAURANT
$4,405,000
Change: +22% · Conversion: Easy
INDUSTRIAL (GENERAL)
$4,315,000
Change: +19% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,105,000
Change: +13% · Conversion: Easy
Blend value · Realmo final
$2.91M
Range $2.62M – $3.20M · ±10% · vs last sale $2.49M (Aug 31 2021)
Last sale anchor
$2.49M
Aug 31 2021
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
$124 / 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
$29,003
Tax year 2024
Assessed value
$2,590,596
Assessed 2024
Previous assessed
$2,590,596
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,040,400
Assessed improvement
$1,550,196
Applied tax rate
1.0000
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
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Stories
2
Rooms
22
Total area
23,412 SF
Lot
0.49 ac (21,344 SF)
Zoning code
I-C
APN
021-183-006-000
UPID
US09-3146589
Jurisdiction
HUMBOLDT
Zoning & alternative use
I-C · Arcata, CA
Zoning I-C · permitted uses
I-C · Arcata, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arcata. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.7M
RESTAURANT
Est. value
$4.4M
INDUSTRIAL (GENERAL)
Est. value
$4.3M
COMMERCIAL (GENERAL)
Est. value
$4.1M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
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
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Stories
2
Rooms
22
Lot
0.49 ac
Current owner
From public records · entity-resolved
Anthony D Frink
Individual
Mailing address
2164 HEWITT RD, MCKINLEYVILLE, CA 95519-7955
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2021
$2,490,000
Anthony D Frink
Vanessa Frank
Grant Deed
$1,890,000 · Redwood Capital Bank
Aug 31, 2021
—
Anthony D Frink
Elizabeth Frink
Intrafamily Transfer
related
—
Apr 14, 2017
—
Frank,n A 2010 Living Trust
Frank,nicholas A
Quit Claim Deed
related
$1,570,000 · Tri Counties Bank
Mar 26, 2015
—
Frank,n A 2010 Living Trust
Frank Nicholas A
Quit Claim Deed
related
—
Feb 28, 2013
$124,500
Nicholas A Frank
Turi,michael
Quit Claim Deed
related
$114,500 · Michael Turi
Feb 14, 2006
—
Nicholas A Frank
—
Trustees Deed
related
$187,854 · Umpqua Bank
Oct 24, 2003
$263,000
Nicholas A Frank
Rice,stephen W & Kerry A
Grant Deed
related
$187,928 · Stephen W & Kerry A Rice
May 17, 1995
$230,500
Michael Turi
Wilson,greg L & Janet C
Grant Deed
related
$190,385 · Seller
Dec 28, 1988
—
—
—
Grant Deed
related
—
—
—
Michael Turi
—
Deed Of Trust
related
$1,800,000 · Umpqua Bank
—
—
Michael Turi
—
Deed Of Trust
related
$1,140,000 · Umpqua Bank
—
—
Michael Turi
—
Deed Of Trust
related
$800,000 · Umpqua Bank
—
—
Michael Turi
—
Deed Of Trust
related
$350,000 · Umpqua Bank
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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