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44650 Highway 101 15,500 SF 100% Leased Retail Building Laytonville, CA 95454 $1,299,448 CAD ($83.84 CAD/SF) 7.58% Cap Rate
Investment Highlights
- Heavy day time traffic on Hwy
- Loading dock
- Three separate lots
Executive Summary
Prime location on Hwy 101 in the heart of downtown Laytonville. This commercial building is a spacious 15,500 sq ft offering high visibility and access. Three parcels totaling 2.6 acres. Ideal investment for the right business developers with high traffic exposure to be used as commercial, retail, or develop into a mixed use venture. Loading dock, ADA accessibility and exceptional amount of parking. All retail units are currently leased. Traffic can vary from 8,000 to 12,000 cars per day. Come establish your presence in the heart of Mendocino County.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$113,175
|
$7.30
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$113,175
|
$7.30
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $113,175 |
| Annual Per SF | $7.30 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $113,175 |
| Annual Per SF | $7.30 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
15,500 SF
Building Class
B
Year Built
1998
Price
$1,299,448 CAD
Price Per SF
$83.84 CAD
Cap Rate
7.58%
NOI
$98,484 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
1.52 AC
Zoning
C1 - Commercial business development
Parking
24 Spaces (1.55 Spaces per 1,000 SF Leased)
Frontage
373’ on Highway 101
Amenities
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Sticker Farmers
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Sticker Farmers | - | - | - | - |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 014-150-54-00 | Improvements Assessment | $756,363 CAD (2025) |
| Land Assessment | $263,383 CAD (2025) | Total Assessment | $1,019,746 CAD (2025) |
Property Taxes
Parcel Number
014-150-54-00
Land Assessment
$263,383 CAD (2025)
Improvements Assessment
$756,363 CAD (2025)
Total Assessment
$1,019,746 CAD (2025)
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44650 Highway 101
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