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Property profile & analytics
OFF-MARKET
Turn key restaurants
507 2nd St Eureka, CA 95501-0437
Individually Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-3112984
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1897
Total area
4,400 SF
Lot
0.05 ac (2,178 SF)
Zoning code
CW
APN
001-123-004-000
UPID
US10-3112984
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
-
Pearl Lounge Bar & Pub Nightclub
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
Alex Moore · 12 yrs held
Alex Moore
since 2014
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$12,023
Tax year 2024
Assessed value
$1,146,115
Assessed 2024
Previous assessed
$1,146,115
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$88,000
Assessed improvement
$1,058,115
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1897
Heating
YES
Cooling
CENTRAL
Stories
2
Rooms
4
Total area
4,400 SF
Lot
0.05 ac (2,178 SF)
Zoning code
CW
APN
001-123-004-000
UPID
US10-3112984
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
Year built
1897
Heating
YES
Cooling
Yes
Stories
2
Rooms
4
Lot
0.05 ac
Current owner
From public records · entity-resolved
Alex Moore
Individual
Free & Clear · 12 yrs held
Mailing address
3317 CENTERVILLE RD, FERNDALE, CA 95536-9593
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2022
—
Alex Moore
—
Deed
related
$600,000 · Francis Realty INC
Jan 13, 2014
$100,000
Alex Moore
Moore,jasmin
Quit Claim Deed
related
—
Jul 11, 2005
—
Stanson Ethel L 2005 Trust
Stanson,ethel L
Quit Claim Deed
related
—
Dec 26, 2003
$300,000
Alex Moore
Stanson,franklin S & Ethel L
Grant Deed
$270,000 · Franklin S & Ethel L Stanson
Oct 12, 1990
$40,000
Franklin S Stanson
Johnsn,daniel J
Grant Deed
$44,000
Sep 21, 1990
$45,000
Daniel Johnson
Roberts,bruce & Gwendolyn
Grant Deed
related
—
—
—
Franklin S Stanson
—
Deed Of Trust
related
$64,000 · Individual
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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