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    730 E Perkins St Ukiah, CA 95482
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    730 E Perkins St, Ukiah, CA 95482

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    • Commercial land
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    Highway Accessible Commercial Land For Rent For Lease
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    Highway Accessible Commercial Land For Rent

    Commercial land for rent with highway access in Ukiah, CA.

    730 E Perkins St, Ukiah, CA 95482
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    Property ID
    US09-3633520
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 730 E Perkins St

    Property type
    Commercial land
    Property subtype
    Commercial real estate

    Description

    The drive thru is situated on ±0.57 acres, with a ±9,240 SF easement totaling to ± 34,069 SF that is conveniently located within Ukiah‘s premier business retail corridor, with direct access to Highway 101 via the E. Perkins interchange.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Ukiah
    County
    Mendocino
    State
    California
    Longitude
    -123.1940214
    Latitude
    39.1519635

    Comparable in this City

    • Contact for pricing

      Pad Site For Ground Lease

      Pad site for ground lease with highway visibility.
      437 N Orchard Ave, Ukiah, CA 95482
      View Details
    • Contact for pricing

      Ukiah Retail Pad and Space

      Retail pad and inline space in Ukiah's retail corridor.
      1230 Airport Park Blvd, Ukiah, CA 95482
      View Details
    • $2,595 /Mo
      5,227 SF

      Retail/Office Space Near Courthouse

      Ground floor retail or office space in prime location.
      School St, Ukiah, CA 95482
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    • $11,500 /Mo

      Ukiah Retail Space For Rent

      Retail space available for lease in Ukiah, California.
      1550 N Lovers Ln, Ukiah, CA 95482
      View Details
    • Contact for pricing

      Ukiah Retail/Office Space Available

      Retail or office spaces for lease in Ukiah's Airport Business Park.
      1252 Airport Park Blvd, Ukiah, CA 95482
      View Details
    • Contact for pricing

      Grocery-Anchored Retail Center Space

      Retail spaces available in a community shopping center.
      504-570 N Orchard Ave, Ukiah, CA 95482
      View Details

    Similar Nearby for Sale

    • $329,000

      High-Traffic Commercial Land Opportunity

      Prime commercial land with high visibility and development potential.
      701 Orchard Ave S, Ukiah, CA 95482
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    • $425,000

      Prime Corner Lot Opportunity

      Charming building on a large lot, ideal for development.
      154 E Gobbi St, Ukiah, CA 95482
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    • Contact for pricing

      Commercial Lot Near Downtown Ukiah

      Commercial lot zoned NEC, close to downtown, hospital, and shopping.
      124 Leslie St, Ukiah, CA 95482
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      Commercial Acreage Ready to Develop

      4.28-acre commercial land parcel in North Ukiah.
      1 Ford Rd, Ukiah, CA 95482
      View Details
    • $329,000

      Prime Commercial Land Opportunity

      High-traffic location ideal for drive-thru or other commercial ventures.
      701 Orchard Ave S, Ukiah, CA 95482
      View Details
    • $195,000

      Commercially Zoned Land on State

      Over half an acre of commercially zoned land for sale.
      744 N State St, Ukiah, CA 95482
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Pad Site For Ground Lease

      Pad site for ground lease with highway visibility.
      437 N Orchard Ave, Ukiah, CA 95482
      View Details
    • Contact for pricing

      Ukiah Retail Pad and Space

      Retail pad and inline space in Ukiah's retail corridor.
      1230 Airport Park Blvd, Ukiah, CA 95482
      View Details
    • Contact for pricing
      1,823 SF

      Crescent City Drive-Thru Restaurant

      Former Subway drive-thru restaurant on Highway 101 near Crescent Harbor.
      309 Us Highway 101 S, Crescent City, CA 95482
      View Details
    • Contact for pricing

      Ukiah Drive-Thru Restaurant Opportunity

      Drive-thru restaurant space for lease in Ukiah's retail corridor.
      730 E Perkins St, Ukiah, CA 95482
      View Details
    • Contact for pricing
      1,800 SF

      Chevron Travel Plaza Retail Space

      New retail spaces in Chevron Travel Plaza off Hwy 101.
      1460 N Lovers Ln, Ukiah, CA 95482
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail property available for lease in Crescent City, California.
      915 E Washington Blvd, Crescent City, CA 95482
      View Details
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    Ukiah, CA 95482
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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