Petaluma Industrial Building with
For Sale
$1,950,000
1001 Transport, Petaluma, CA 94954
Well-maintained industrial building with warehouse, offices, and secure yard.
Property Size8,655 SF
Lot Size0.44 Acres
Price / SF$225.30
Days on Market167
Property Features for 1001 Transport
General Information
Standard status
Active
Size
8,655 SF
Lot size
0.44 Acres
Property subtype
Commercial
Amenities
Central air
Sidewalk
Carpet Flooring
Central Heating
Concrete Slab Flooring
Corner
Curbs/Gutters
Dead End
Landscape Front
Landscape Misc
Street Lights
Tar/Gravel Roof
Vinyl Flooring
Window Unit(s) Cooling
Building Details
Year Built
1978
Listing Agency:
LEGEND REAL ESTATE
5711050
Listed By:
THERESA TEUMA · License #00948301
Source:
Corcoran
Added: Mar 10
Changed: Aug 23
Last Checked: Aug 23 at 6:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LEGEND REAL ESTATE
Investment Insights
Based on property information with market context.
Located on a quiet cul-de-sac in a desirable commercial area of Petaluma, this 8,655 sq. ft. single-story industrial building combines functionality and accessibility. The property has been exceptionally maintained by a single owner since its construction. The building includes a spacious warehouse with over 18-foot clear height and five oversized grade-level roll-up doors, facilitating efficient loading, storage, and operational flexibility. It features 40-amp, three-phase, 220-volt power. Office improvements include four oversized private offices, a kitchen, and a restroom. The property provides 13 private parking spaces, additional on-street parking, and interior vehicle access with inside parking. The site is fully fenced and secured, with a private gated yard area suitable for equipment storage. Zoned industrial, the property is located with convenient access to Highway 101 and is in close proximity to public transportation, restaurants, and shopping.
Key Highlights
- Prime location in a desirable commercial corridor with easy access to Highway 101, public transportation, restaurants, and shopping.
- Features a spacious 8,655 sq. ft. warehouse with over 18‑foot clear height and five oversized grade‑level roll‑up doors.
- Equipped with 40‑amp, three‑phase, 220‑volt power.
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
$155,005
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
7.95%
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%
$3,100,100
$3.1M
Cap Rate 7%
$2,214,357
$2.2M
Cap Rate 9%
$1,722,278
$1.7M
Market Conditions
NOI Build-Up for 8,655 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
$196.3K $22.68/SF
− Vacancy
−$13.9K −$1.61/SF
EGI
$182.4K $21.07/SF
− OpEx
−$27.4K −$3.16/SF
NOI
$155.0K $17.91/SF
Area
Sonoma County, CA
Vacancy
7.10%
Lease Rate
$22.68 /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%
$3,100,100
Cap Rate 7%
$2,214,357
Cap Rate 9%
$1,722,278
Alternative Uses
Best Use
Warehouse
$2.21M
$1.94M – $2.58M
NOI $155,005 @ 7.0% cap · market cap 7.95%
Second Best
Industrial
$1.82M
$1.60M – $2.13M
NOI $127,651 @ 7.0% cap · market cap 6.55%
Theoretical Best
Specialty Retail
$2.35M
$2.05M – $2.74M
NOI $164,172 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
789
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 94954, CA
38,301
Population
15,147
Households
2.5
Avg Household Size
43
Median Age
37%
College-Educated
92%
High-School Grad
62.2 sq mi
ZIP Area
616
Density / Sq Mi
$107,564
Median Household Income
$58,362
Median Earnings
$2,405
Median Rent
$790,100
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- North Bay Self Storage — 720 Southpoint Blvd, Petaluma, CA 94954
- Airborne Exotic Car Club — 601 N McDowell Blvd, Petaluma, CA 94954
- U-Stor Mini Storage — 991 Transport Way, Petaluma, CA 94954
- Public Storage — 900 Transport Way, Petaluma, CA 94954
- Sunny Movers & Storage Inc. — 1800 Petaluma Blvd N, Petaluma, CA 94952
Frequently Asked Questions
What type of property is this?
Warehouse - Well-maintained industrial building with warehouse, offices, and secure yard.
Where is this warehouse located?
The property is located at 1001 Transport Petaluma, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Prime location in a desirable commercial corridor with easy access to Highway 101, public transportation, restaurants, and shopping.; Features a spacious 8,655 sq. ft. warehouse with over 18‑foot clear height and **five oversized grade‑level roll‑up doors.**; Equipped with 40‑amp, three‑phase, 220‑volt power.
