904 State St Ukiah, CA 95482-3412
This exceptional commercial property, located at 904 N State Street in Ukiah, California, presents a unique investment opportunity. Situated on a 0.47-acre lot at a high-traffic four-way intersection, this retail building boasts excellent visibility and accessibility. The property includes an adjacent parking lot to the west, providing ample parking for customers. Its strategic location places it on the daily route of multiple schools, ensuring a consistent flow of potential customers. The building's design already incorporates provisions for a convenient drive-thru, making it ideally suited for businesses such as coffee shops or fast-food restaurants. This turnkey solution eliminates the need for extensive renovations, allowing for a quicker return on investment. The property's prime location and existing infrastructure offer a significant advantage in a competitive market. The asking price is $699,000. This is an exceptional opportunity for an entrepreneur seeking a high-visibility location with built-in convenience features. The substantial parking area ensures ample space for customers, further enhancing the property's appeal. The existing building layout is designed to facilitate a smooth and efficient operation, minimizing the need for costly modifications. This property offers a rare combination of location, accessibility, and design, making it an attractive proposition for a variety of commercial ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.