815 Humboldt Ave Willows, CA 95988
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.