Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3655 Old Adobe Rd Petaluma, CA 94954

    View on Map
    Claim this Listing
    For Sale
    $4,000,000

    Commercial Sale, Other - Petaluma, CA

    Type:Business
    Added:
    Sep 3, 2025
    Days on Market:
    229
    Last Refresh:
    Apr 19 at 4:06 am

    Property Features for 3655 Old Adobe Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    David Carciere

    Listing agent David Carciere

    Listing office Engel & Völkers St. Helena 1111 Main St., St. Helena, CA

    Listing date Sep 3, 2025

    MLS# AM-5091779 Listing URL

    Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sonoma Mountain Ranch with Vineyard Potential

    The Lazy P Ranch, situated on the western slope of Sonoma Mountain near Pepperwood Vineyard, offers an opportunity to redevelop nearly 100 acres into premium vineyard land. While the ranch currently includes a small amount of Chardonnay and Riesling vineyard acreage, its elevated blocks and orientation are suited for efficient development and farming operations. The property features two modest residences, various barns, and outbuildings that can serve as a farming headquarters. Water is supplied by wells and storage reservoirs, with the pending delivery of City of Petaluma Recycled Water. Beyond its vineyard potential, the ranch, which includes a large shop, could be adapted into a diversified agricultural operation or a family retreat with convenient access to the Bay Area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Aurelio's Old World ... General Contractor

    Suggested Use

    Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Petaluma
    County
    Sonoma
    State
    California
    Longitude
    -122.567657
    Latitude
    38.260674

    Nearby Similar for Sale

    • $1,950,000
      8,655 SF

      Petaluma Industrial Building with Warehouse

      Well-maintained industrial building with warehouse, offices, and secure yard.
      1001 Transport, Petaluma, CA 94954
      View Details
    • $315,000
      979 SF

      Versatile Professional Office Suite

      979 SF office suite suitable for medical or professional uses.
      1436 Professional #303, Petaluma, CA 94954
      View Details
    • $6,000,000

      300-Acre Ranch in Sonoma County

      Diverse agricultural ranch with stunning views and significant infrastructure.
      3440 Manor Ln, Petaluma, CA 94954
      View Details
    • $2,725,000
      7,184 SF

      Petaluma Office Building Investment Opportunity

      Triple Net leased investment property anchored by a credit tenant.
      111 Lynch Creek Way, Petaluma, CA 94954
      View Details
    • $4,000,000

      Sonoma County Agricultural Legacy Opportunity

      Thriving farmstead in Sonoma County's Wine Country, ready for new owner.
      3571 Old Adobe Rd, Petaluma, CA 94954
      View Details
    • $3,300,000
      5,892 SF

      Historic Bank Building in Petaluma

      Iconic building with retail, office, or creative space potential.
      200 Washington, Petaluma, CA 94952
      View Details
    • $3,250,000
      6,132 SF

      Auto Center Showroom and Shop

      Showroom and shop buildings on 1.25 acres with parking.
      1230 Auto Center Dr, Petaluma, CA
      View Details
    • $5,300,000
      23,000 SF

      Petaluma Commercial Building for Sale

      Commercial building suitable for owner/user or investor with PUD zoning.
      719 Southpoint Boulevard , Petaluma, CA 94954
      View Details
    • $14,000,000
      10,000 SF

      Petaluma Industrial Space For Rent

      Industrial space available in Petaluma with efficient office buildout.
      3830 Cypress Dr, Petaluma, CA
      View Details
    • $749,000
      622 SF

      Petaluma Mixed-Use Corner Lot

      High-visibility corner lot near downtown Petaluma with income potential.
      501 Petaluma N, Petaluma, CA 94952
      View Details
    • $8,500,000

      Spacious Industrial/Manufacturing Property in Petaluma

      42,926 SF industrial/manufacturing property built in 1999, zoned PUD.
      740 Southpoint Blvd, Petaluma, CA 94954
      View Details
    • $9,866,666
      4,927 SF

      Petaluma Chick-fil-A Ground Lease

      4,927 SF Chick-fil-A ground lease in Petaluma, CA.
      5012 Petaluma Blvd N, Petaluma, CA
      View Details

    FAQs

    What type of property is this?
    Farm - Sonoma Mountain ranch featuring vineyard redevelopment opportunity and multiple residences.
    Where is this farm located?
    The property is located at 3655 Old Adobe Rd Petaluma, CA.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: Opportunity to (re)develop nearly 100 acres into a premium vineyard.; Elevated blocks suited for exceptional quality grapes.; Ranch orientation allows for long, uniform rows, enabling efficient farming.
    (707) 302-8133
    We can help!
    Listing Contact
    David Carciere
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!