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    OFF-MARKET
    Manufacturing properties

    990 Waterfront Dr, Eureka, CA 95501-0173

    10.61 ac lot
    Individually Owned 9-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US09-1205901
    Property summary
    AI-generated overview

    This exceptional 3,000-square-foot warehouse, situated on a 0.06-acre lot in Humboldt County, presents a compelling investment opportunity. The single-tenant property boasts convenient access to West Waterfront Drive and Highway 101, ideal for efficient truck loading and unloading. While lacking a loading dock, the warehouse features a roll-up door for easy access to the 3,000 square feet of interior space. Its location within the Schneider Dock facility offers added security and logistical advantages. The property is classified as industrial and commercial, making it suitable for a variety of uses. The absence of multiple suites ensures a streamlined and efficient operational environment. This property is perfect for businesses requiring straightforward warehouse space with excellent highway access in a well-established industrial area of Humboldt County. The single-tenant occupancy provides a stable and predictable income stream for investors. The relatively small lot size minimizes land maintenance costs, while the strategic location maximizes accessibility and operational efficiency. This is a rare opportunity to acquire a well-positioned industrial property in a desirable location. The property's straightforward design and convenient access make it an attractive option for a range of businesses seeking efficient and cost-effective warehouse solutions. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Lot 10.61 ac (462,138 SF)
    Zoning code MC,P
    APN 003-062-028-000
    UPID US09-1205901
    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
    • Sysco Eureka Distribution Center Logistics Company
    • Ryan Schneider Construction General Contractor
    • Pacific Affiliates Civil Engineer
    • Marine Spill Response Corporation Sustainability Organization Volunteer Organization
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Schneider Dock Industrial Park · 9 yrs held
    Schneider Dock Industrial Park
    since 2017
    4 recorded transactions
    2017
    1995
    $400,000
    1975
    1969
    Zoning & alternative use
    MC,P · Eureka, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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