Technical
Financial
Distress signals
Property profile

625 Locust St Garberville, CA 95542

FOR SALE
Commercial land
Property ID
US09-1782547
0.17 ac lot
Individually Owned 32-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents two adjacent commercial lots totaling just under a quarter-acre (0.23 acres) located at 625 & 637 Locust Street, Garberville, CA 95542. Conveniently situated on the east side of the freeway, this property offers unparalleled accessibility and visibility. The combined lots are zoned for commercial use, providing a blank canvas for a diverse range of development possibilities. The asking price for this combined parcel is $121,500. This represents a significant opportunity to acquire a strategically located commercial property in a growing area. The property's location offers excellent exposure and potential for high returns. Note that an additional, similarly sized lot is also available across the street (MLS #263785), presenting the potential for even larger-scale development. This combined offering presents a rare chance to secure a substantial footprint in a desirable commercial zone. The property's size and location make it ideal for a variety of commercial ventures. Serious inquiries are encouraged to explore the full potential of this remarkable investment.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.17 ac (7,594 SF)
Zoning code C-3-Q-D
APN 032-011-018-000
UPID US09-1782547

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

625 Locust St Garberville, CA 95542
Garberville metro Census 11600 EUREKA-ARCATA-FORTUNA, CA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 1994
2 recorded transactions
1994
Price N/A
1988
$41,000

Zoning & alternative use

C-3-Q-D · Garberville, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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