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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Retail space
417 2nd St 101 Eureka, CA 95501-0405
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-4557818
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Total area
1,420 SF
Lot
0.03 ac (1,500 SF)
Zoning code
CW
APN
001-270-003-000
UPID
US09-4557818
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
-
Dickinson Diane MD Physician
-
Mad River Biologist Sustainability Organization Volunteer Organization
-
Old Town Art Gallery Art Gallery
-
Next Level Games Electronics & Wireless Store (Bike/Boat/Book/etc) Store
-
Da Gou Rou Louwi’ Cultural Center Cultural Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$610k
CAP Approach
CAP
$510k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$550k
Owner & transaction history
Wiyot Tribe · 5 yrs held
Wiyot Tribe
since 2020
Last sale
$485,000
4 recorded transactions
Zoning & alternative use
CW · Eureka, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$670,000
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
$555,000
6.5%
$510,000
7%
$475,000
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $485k (Sep 24 2020)
Last sale anchor
$485k
Sep 24 2020
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
$387 / 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
$3,863
Tax year 2024
Assessed value
$368,238
Assessed 2024
Previous assessed
$368,238
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$47,754
Assessed improvement
$320,484
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
Heating
NONE
Stories
1
Total area
1,420 SF
Lot
0.03 ac (1,500 SF)
Zoning code
CW
APN
001-270-003-000
UPID
US09-4557818
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.
Building & site characteristics
From public records
Heating
NONE
Stories
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Wiyot Tribe
Individual
Free & Clear · 5 yrs held
Mailing address
1000 WIYOT DR, LOLETA, CA 95551-9640
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Sep 24, 2020
$485,000
Wiyot Tribe
Gordon Stephen J Trust
Grant Deed
—
Mar 22, 2006
—
Gordon Stephen J Trust
Gordon,stephen J
Quit Claim Deed
related
—
Mar 17, 2004
—
Stephen J Gordon
Gordon,christine B
Quit Claim Deed
related
—
Mar 28, 1984
—
Stephen J Gordon
—
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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