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    Property profile & analytics

    76440 Covelo Rd Covelo, CA 95428

    • Commercial real estate
    • 0.21 lot acres
    For Sale
    View listing
    $225,000
    Value Estimation
    Location Intelligence
    Property ID
    US09-2912947
    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.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 76440 Covelo Rd

    Lot size
    0.21 lot acres
    Property type
    Commercial real estate
    APN
    033-230-11-00
    APU
    332301100

    Description

    This exceptional mixed-use property, situated at 76440 Covelo Road in Covelo, California, presents a unique investment opportunity. Spanning 0.22 acres, the 1800-square-foot building offers immense potential for a variety of businesses. Its ideal location within the town of Covelo ensures high visibility and accessibility. The property is particularly well-suited for automotive, welding, or fabrication businesses, thanks to the existing three-phase power already installed on-site. The ample interior space is complemented by generous outdoor areas, providing flexibility for operations and storage. This turnkey property is ready for immediate occupancy, allowing entrepreneurs to establish their ventures without delay. The asking price of $225,000 represents a compelling value for a property with such versatile potential and a prime location in a thriving community. This is an exceptional chance to own a well-positioned commercial property in Covelo, ready for your business vision. Don't miss this opportunity to secure a thriving business location in a desirable area. Contact us today to schedule a viewing.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $295,000
      6.5%
      $265,000
      7%
      $275,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $270,000
      Geo Method
      $280,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $245,000
      Retail
      $245,000
      Mixed-Use
      $265,000
      Hospitality
      $265,000
      Educational
      $290,000
      Residential Income
      $260,000
      Energy
      $260,000
      Income-Based Land
      $255,000
      Food Service
      $305,000

    Location Insight

    • Map
    • Local Demand
    City
    Covelo
    County
    Mendocino
    State
    California
    Longitude
    -123.248
    Latitude
    39.7951
    CBSA code
    46380
    CBSA name
    UKIAH, 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
    2023
    $3,785
    $145,016
    $66,929
    $211,945
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      728 SF

      76351 Covelo Rd

      COMMERCIAL (GENERAL) • 728 SF
      76351 Covelo Rd, Covelo, CA 95428
      View Details
    • Value Estimation
      $245,000
      4.85 Acres

      76829 Tabor Ln

      COMMERCIAL (GENERAL) • 4.85 Acres
      76829 Tabor Ln, Covelo, CA 95428
      View Details
    • Value Estimation by Request
      680.00 Acres

      33901 Eden Vly Rnch Rd

      COMMERCIAL (GENERAL) • 680.00 Acres
      33901 Eden Vly Rnch Rd, Covelo, CA 95428
      View Details
    • Value Estimation
      $300,000
      2.91 Acres

      23860 Howard St

      COMMERCIAL (GENERAL) • 2.91 Acres
      23860 Howard St, Covelo, CA 95428
      View Details
    • Value Estimation
      $250,000
      0.19 Acres

      23951 Howard St

      COMMERCIAL (GENERAL) • 0.19 Acres
      23951 Howard St, Covelo, CA 95428-9903
      View Details
    • Value Estimation by Request
      0.47 Acres

      75900 Covelo Rd

      COMMERCIAL (GENERAL) • 0.47 Acres
      75900 Covelo Rd, Covelo, CA 95428-9787
      View Details

    Similar Nearby for Sale

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      Covelo Mixed-Use Commercial Property

      Prime Covelo Location, 1800 sq ft building
      76440 Covelo Rd, Covelo, CA 95428
      View Details
    • $134,000
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      20-acre parcel with flat living spot and serene views.
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    • $325,000
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      Covelo Valley Land For Sale

      Level, fenced acreage suitable for livestock and agriculture.
      74200 Covelo Rd, Covelo, CA 95428
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    • $1,066,560
      13,939,200.00 Acres

      320 Acres Timber-Rich Land

      Resilient land with timber harvesting opportunities near Mendocino National Forest.
      34530 Etsel Ridge Rd, Covelo, CA 95428
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    • $666,600
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      200 Acres of Forested Land

      Prime forested land with timber, water, and mineral rights.
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      View Details
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    76440 Covelo Rd
    Covelo, CA 95428
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    Realmo Value Estimation

    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.

    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.

    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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