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Property profile & analytics
FOR SALE
Retail properties & Spaces

483 E Chestnut St Fort Bragg, CA 95437

952 SF 0.22 ac lot Built 1983
Individually Owned 5-yr Hold ~ Est. High Equity
Property ID
US09-1063504
Property summary
AI-generated overview

This exceptional 1,050 square foot commercial property, located at 483 Chestnut Street in Fort Bragg, California (zip code 95437), presents a unique investment opportunity. Currently operating as a leased salon, this versatile space offers significant potential for expansion and redevelopment. The property boasts ample parking and enjoys desirable southern exposure, maximizing natural light. The existing building sits on a solid slab foundation and has a history of diverse uses, demonstrating its adaptability to various business ventures. Its commercial zoning allows for a range of possibilities, including the addition of multiple units, subject to local regulations and approvals. The asking price is $300,000. This prime location in Fort Bragg offers excellent visibility and accessibility, making it an attractive proposition for both established businesses and new ventures seeking a foothold in a thriving community. The property's size and zoning provide a solid foundation for future growth and profitability. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering. The property is situated at latitude 39.4365559 and longitude -123.801326.

Property profile
Verified
Property type Retail properties & Spaces
Use group NURSERY, GREENHOUSE, FLORIST
Year built 1983
Construction WOOD
Total area 952 SF
Lot 0.22 ac (9,583 SF)
APN 018-052-27-00
UPID US09-1063504
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
  • Coast Laboratory Services Medical Laboratory
  • Jennifer Raymann Hair Salon Nail Salon
  • Maven Collective Hair Salon
  • OARS (Outreach, Advocacy, Resources and Services) Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mc Outreach Advocacy Resources & Sv · 5 yrs held
Mc Outreach Advocacy Resources & Sv
since 2021
Last sale
$249,000
4 recorded transactions
2021
$249,000
2007
Price N/A
2003
$150,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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