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    7 2nd St Eureka, CA 95501-0214
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    Property profile & analytics

    7 2nd St Eureka, CA 95501-0214


    • Manufacturing properties
    • 9,000 SF
    • 0.23 lot acres
    Off-Market
    Last Sale Mar 15, 2021
    $1,215,000
    Property ID
    US09-2641286
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,205,000
    Show details
    Cap Rate Potential
    4.2%
    Manufacturing properties
    Location Intelligence

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 7 2nd St

    Year built
    1948
    Construction
    WOOD
    Lot size
    0.23 lot acres
    Property size
    9,000 SF
    Zone code
    ML
    Property type
    Manufacturing properties
    APN
    001-021-011-000
    APU
    1021011000

    Description

    This exceptional 9,000 square foot industrial property, located at 7 W 2nd Street in Eureka, California, presents a unique investment opportunity. Situated on a 0.23-acre lot, this versatile warehouse boasts a flexible layout suitable for a variety of commercial uses. Currently configured as a cannabis production facility, the improvements significantly exceed the asking price of $1,250,000. The property's light industrial zoning allows for non-volatile extraction, with the potential for volatile extraction through a conditional use permit. Alternatively, the space is ideally suited for a food makers' headquarters, enabling multiple vendors to operate under one roof. This turnkey facility offers numerous possibilities for entrepreneurs seeking a ready-to-use space. A comprehensive list of fixtures and equipment is available for separate purchase, providing flexibility for customization. The property's prime location in Humboldt County, CA, zip code 95501, offers excellent access to transportation and local amenities. This is a rare chance to acquire a well-maintained, adaptable industrial space at a highly competitive price. Don't miss this opportunity to establish your business in a thriving market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,250,000
      ML approach
      $1,310,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $875,000
      6.5%
      $810,000
      7%
      $750,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,027,000
      Market price range: $301k - $1.74M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,660,000
      Current use
      RESTAURANT
      $1,695,000
      Change: +2% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Eureka
    County
    Humboldt
    State
    California
    Longitude
    -124.172
    Latitude
    40.8034
    CBSA code
    21700
    CBSA name
    EUREKA-ARCATA-FORTUNA, CA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $13,525
    $420,237
    $869,128
    $1,289,365
    -
    $0.00
    $0.00
    $0.00
    More about this property
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