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Financial
Distress signals
Property profile

45040 Main St Mendocino, CA 95460

FOR SALE
Turn key restaurants
Property ID
US09-3075609
0.21 ac lot
Last sale Feb 2021 · $1,580,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional mixed-use property, situated at 45040 Main Street in the charming town of Mendocino, California, presents a unique investment opportunity. The 7,378 square foot property comprises multiple buildings housing five established tenants, generating consistent rental income. A key asset is the highly regarded Flow restaurant, a long-standing establishment boasting a full bar and breathtaking panoramic Pacific Ocean views. Its prime location on Main Street places it adjacent to the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$753k
Assessed land$283k
Assessed improvement$469k
Effective rate1.25%

Value estimate

· Oct 2026
$1.38M
$1.24M – $1.52M
AI approach$1.52M
NOI build-up
Gross scheduled income$274k
Vacancy & credit loss−$28k
Operating expenses−$62k
NOI · 8.21% cap applied$185k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
8.21%
$185k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C
General categoryCOMMERCIAL
JurisdictionMENDOCINO

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.1
Electrical Service8.7
Plumbing Service8.6

Location

45040 Main St Mendocino, CA 95460
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
44845 Ukiah, Mendocino, CA 95460-9218 $1,400,000 Jul 2025 No data
10551 Kasten, Mendocino, CA 95460 $1,025,000 Oct 2023 No data
10420 Kasten, Mendocino, CA 95460 $300,000 Mar 2023 No data
45120 Main, Mendocino, CA 95460 $895,000 Mar 2023 No data
Mendocino, CA 95460 $4,253,681 Jun 2022 No data
45081 Calpella, Mendocino, CA 95460 $1,180,000 Sep 2021 1,678 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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