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Property profile & analytics
OFF-MARKET Estimated value $800,000
Commercial land

899 Murray Rd Mckinleyville, CA 95519-3352

4.52 ac lot
Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-4466756
Property summary
AI-generated overview

This exceptional 4.52-acre parcel at 899 Murray Road in McKinleyville, California, presents a remarkable redevelopment opportunity. Ideally situated at the Murray Road/Highway 101 interchange in Humboldt County (zip code 95519), this flat, developable land boasts unparalleled visibility and accessibility. Currently zoned PS-1, the property offers a diverse range of potential uses, catering to a variety of commercial ventures or other development projects. Its strategic location adjacent to a desirable residential neighborhood and a short drive from the Pacific Ocean ensures high traffic volume and strong community appeal. The property's size and location combine to create a unique investment opportunity with significant upside potential. While residential development may require a zoning change, the versatility of this land makes it an attractive prospect for various commercial uses. This prime location offers exceptional exposure and convenient access, making it an ideal choice for developers seeking a high-impact project. Don't miss this chance to acquire a significant piece of land in a thriving California community. The coordinates are 40.957039 latitude and -124.117439 longitude. The asking price for this exceptional property is $899,000.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 4.52 ac (196,891 SF)
Zoning code CR
APN 511-401-039-000
UPID US09-4466756
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
Current use
Occupant on record · Public records
  • Laurel Tree Charter School High School
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$955k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$800k
Owner & transaction history
Laurel Tree Charter School · 5 yrs held
Laurel Tree Charter School
since 2021
Last sale
$650,000
3 recorded transactions
2021
$650,000
2005
$563,000
1969
Price N/A
Zoning & alternative use
CR · Mckinleyville, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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