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Property profile & analytics
OFF-MARKET
Commercial real estate

815 Humboldt Ave Willows, CA 95988

3,871 SF 0.75 ac lot Built 2002
Trust Owned 9-yr Hold
Property ID
US10-2243172
Property summary
AI-generated overview

This exceptional investment opportunity presents a stabilized, single-tenant office building totaling 3,871 square feet situated on a 0.75-acre lot in Willows, California. The property, constructed in 2002, is a Class B, one-story building currently operating at 100% occupancy. The tenant, the only DMV office in Glenn County, enjoys a highly advantageous location directly off Interstate 5, minimizing competition and ensuring long-term stability. The asking price is $1,595,000, representing a compelling 5.96% capitalization rate based on a Net Operating Income (NOI) of $95,131. A significant remodel was completed at the last lease renewal, further enhancing the property's value and minimizing future maintenance needs. The lease includes a 5% annual rent bump, providing consistent income growth. The tenant reimburses for certain repair expenses, reducing management responsibilities. The current gross operating income is $137,500. This is a rare opportunity to acquire a highly profitable, low-management commercial property with a strong, long-term tenant in a prime location. The property features a modified lease and is categorized as a traditional office building.

Property profile
Verified
Property type Commercial real estate
Year built 2002
Total area 3,871 SF
Lot 0.75 ac (32,670 SF)
UPID US10-2243172
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Dohn,william & J Family Trust · 9 yrs held
Dohn,william & J Family Trust
since 2016
2 recorded transactions
2018
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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