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

    540 S Cloverdale Blvd Cloverdale, CA 95425

    View on Map
    Sponsored
    For Sale
    $1,400,000

    Other - Cloverdale, CA

    Type:Multi Family
    Property size:
    2,720 SF
    Lot size:
    0.61 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 25 at 2:06 am

    Property Features for 540 S Cloverdale Blvd

    General Information

    Property type
    Other
    Property subtype
    Multi Family
    Standard status
    Active
    APN
    001310014000
    Parking
    6
    Parking features
    Garage, Off Street
    Size
    2,720 SF
    Lot size
    0.61 Acres

    Utilities

    Heating system
    Other (Heating)
    Cooling system
    Other (Cooling)

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Elissa Morrash

    Engel & Völkers Healdsburg

    Listing agent Elissa Morrash

    Listing date Mar 24, 2026

    MLS# 326011045 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.

    Learn more

    Property Insight Report

    Overview

    Cloverdale Residences: Investment or Family

    Located in Cloverdale, CA, this property features three residences on a 0.6125-acre lot: a main house, a bungalow, and a studio, presenting multiple residential and investment options. The main Mid-Century house, remodeled in 2017 with permits, is a 2,720 square foot 2-story house with a full bedroom and bath on each floor. The main floor features an open kitchen, dining room and living room, and interior laundry room. The large front deck enhances the clean modern lines and feels like an extension of the home itself. Floor-to-ceiling windows wrap the dining and living areas. The house sits beyond a private electric gate and has an attached 1000 square foot garage/studio with half bath that can house an RV. A separate building houses a studio apartment and a Bungalow. The Bungalow is 2-bedroom/2 bath, approximately 1200 square feet, fenced with its own yard. The 255 square foot Studio fronts on S. Cloverdale Boulevard, perfect as a studio apartment or home office. All units have their own access and parking and are currently tenanted. The property is within city limits with city services.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Cloverdale
    County
    Sonoma
    State
    California
    Longitude
    -123.01841497
    Latitude
    38.796163

    Nearby Similar for Sale

    • New
      $710,000
      0.14 Acres

      Downtown Cloverdale Mixed-Use Property

      Wine tasting room, retail space, and mixed-use property for sale.
      119 S Cloverdale Blvd, Cloverdale, CA 95425
      View Details
    • $6,950,000
      2,258.20 Acres

      Alexander Valley Ranch Opportunity

      2258-acre ranch with vineyard potential and creek frontage.
      29810 River Rd, Cloverdale, CA 95425
      View Details
    • $3,995,000
      672 SF

      Sonoma County Ranch Land Available

      664-acre Wine Country ranch with creek, springs, and grazing land.
      39305 Pine Mountain Rd, Cloverdale, CA 95425
      View Details
    • New
      $1,595,000
      8,400 SF

      Industrial Condominiums with Fenced Yard

      Three industrial condos with flexible space and fenced yard.
      595 Santana Dr, Cloverdale, CA 95425
      View Details
    • $624,900
      4,120 SF

      Downtown Cloverdale Versatile Commercial Space

      Prime downtown location with storefront, office, and storage space.
      219 S Cloverdale Blvd, Cloverdale, CA 95425
      View Details
    • $710,000
      1,332 SF

      Downtown Cloverdale Mixed-Use Property

      Wine tasting room, retail space, and mixed-use potential.
      119 S Cloverdale Blvd, Cloverdale, CA 95425
      View Details
    • $624,900
      4,120 SF

      Downtown Cloverdale Versatile Commercial Space

      Versatile 4,000+ sq ft commercial space in downtown Cloverdale.
      219 S Cloverdale Blvd, Cloverdale, CA 95425
      View Details
    • $699,000
      1,796 SF

      Cloverdale Multifamily Investment

      4-Unit Apartment & RV Park, High ROI
      28 A And B Tarman, Cloverdale, CA 95425
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Three residences on one lot offer multiple residential and investment options.
    Where is this multifamily property located?
    The property is located at 540 S Cloverdale Blvd Cloverdale, CA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Three separate residences (Main House, Bungalow, Studio) on a half-acre lot.; - Multiple income-generating rental opportunities or family compound potential.; - Main house: **2,720 sq ft**, 2-story, remodeled in 2017 with permits, bedroom and bath on each floor.
    (707) 473-8944
    Request Owner's contact information
    540 S Cloverdale Blvd Cloverdale, CA 95425
    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.
    540 S Cloverdale Blvd
    Cloverdale, CA 95425
    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
    540 S Cloverdale Blvd Cloverdale, CA 95425
    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

    We can help!
    Listing Contact
    Elissa Morrash
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!