Industrial Flex Property with Two
For Sale
$1,550,000
1599 Hampton Way, Santa Rosa, CA 95407
Commercial Sale, Santa Rosa, CA
Property Size10,260 SF
Lot Size0.80 Acres
Price / SF$151.07
Days on Market49
Property Features for 1599 Hampton Way
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R3
Parking features
Open
Directions
From Hwy 101, take CA12 west toward Sebastopol. Exit 5 south on Stony Point Rd. First left on Sebastopol Rd. First left on Hampton Way. On the right at the end of the road.
Subdivision
Santa Rosa-Southwest
Standard status
Active
APN
125081021000
Lot size
0.80 Acres
Building Details
Year built
1965
Floors in Building
1
Listing Agency:
W Real Estate
(707) 591-0570
Listed By:
Todd Schapmire · License #01414195
(707) 570-9855
Added: Jul 13
Changed: Aug 19
Last Checked: Aug 30 at 5:06AM
MLS# 325102873
Copyright © 2026 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale industrial flex property includes two industrial buildings totaling approximately 10,260 square feet on a 0.8-acre lot. The buildings feature multiple warehouse spaces with roll-up doors to support loading and distribution, along with a front office that creates a professional entry point. The site is fully fenced with a security gate for controlled access, with space available for trucks, loading, and parking.
The property is located near the Highway 12 Stony Point Road exit, with convenient access to Highway 101 and downtown Santa Rosa for regional connectivity and day-to-day operations.
The property is currently zoned R3, supporting a broad range of potential long-term development and use scenarios consistent with the zoning designation.
The property is located near the Highway 12 Stony Point Road exit, with convenient access to Highway 101 and downtown Santa Rosa for regional connectivity and day-to-day operations.
The property is currently zoned R3, supporting a broad range of potential long-term development and use scenarios consistent with the zoning designation.
Key Highlights
- Two industrial buildings totaling approximately 10,260 SF on a 0.8‑acre fenced lot
- Multiple warehouse bays with roll‑up doors for loading and distribution
- Controlled access with a security gate plus space for trucks, loading, and parking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$128,462
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.29%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,569,240
$2.6M
Cap Rate 7%
$1,835,171
$1.8M
Cap Rate 9%
$1,427,356
$1.4M
Market Conditions
NOI Build-Up for 10,260 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$157.6K $15.36/SF
− Vacancy
−$6.5K −$0.63/SF
EGI
$151.1K $14.73/SF
− OpEx
−$22.7K −$2.21/SF
NOI
$128.5K $12.52/SF
Area
Santa Rosa, CA
Vacancy
4.10%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,569,240
Cap Rate 7%
$1,835,171
Cap Rate 9%
$1,427,356
Alternative Uses
Best Use
Warehouse
$1.84M
$1.61M – $2.14M
NOI $128,462 @ 7.0% cap · market cap 8.29%
Second Best
Industrial
$1.54M
$1.35M – $1.80M
NOI $108,046 @ 7.0% cap · market cap 6.97%
Theoretical Best
Multifamily LT 5
$2.85M
$2.49M – $3.33M
NOI $199,538 @ 7.0% cap · market cap 12.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
706
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95407, CA
42,504
Population
13,371
Households
3.2
Avg Household Size
34
Median Age
17%
College-Educated
73%
High-School Grad
21.6 sq mi
ZIP Area
1,968
Density / Sq Mi
$82,807
Median Household Income
$40,907
Median Earnings
$1,822
Median Rent
$603,300
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Brick Road Beverage Catering — 1910 Sebastopol Rd, Santa Rosa, CA 95407, United States
Frequently Asked Questions
What type of property is this?
Flex space - Two industrial buildings with roll-up doors, front office space, and a fully fenced site with secure gated access.
Where is this flex space located?
The property is located at 1599 Hampton Way Santa Rosa, CA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Two industrial buildings totaling approximately 10,260 SF on a 0.8‑acre fenced lot; Multiple warehouse bays with roll‑up doors for loading and distribution; Controlled access with a security gate plus space for trucks, loading, and parking
