Individually Owned 
For Sale
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Property summary
This exceptional investment opportunity presents a fully leased, freestanding two-story office building situated on a corner lot in the heart of downtown Eureka, California. Located just one block from the Humboldt County Courthouse at 404 H Street, this 7,334 square foot building offers a prime location with high visibility. The property boasts a well-designed layout, featuring a main floor with private offices, cubicles, a reception area, restrooms, and ample storage. The second floor… complements this with a break room, additional storage, and two large conference rooms, providing versatile space for a variety of needs. Currently, the entire building is 100% occupied under a lease with Humboldt County, providing a stable income stream. The lease, a modified type with credit-rated tenant, commenced August 1, 2020, and expires July 31, 2024, with two lease options available. The building includes six on-site parking spaces, supplemented by numerous municipal parking lots within a short distance. Built in 1960, this Class B building sits on an 8,276 square foot lot and is zoned for commercial use. The asking price is $1,195,000, translating to $162.94 per square foot. This stabilized investment offers a strong return with a built-in tenant and a desirable location. The lease includes annual rent bumps of 2%. This is a single-unit property with a single tenant.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 10 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.19 ac
- APN
- 001-142-004-000
- Zoning
- CC-LW
- Assessed value · 2024
- $978,394
- Annual tax · 2024
- $10,263
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2024
- $10,263
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Eureka market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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