Santa Rosa Infill Development
109 Chestnut Santa Rosa, CA 95401
For Sale
$1,200,000
Prime 1.33-acre infill opportunity in Santa Rosa.
Property Size4,456 SF
Lot Size1.33 Acres
Price / SF$269.30
Days on Market170
Property Features for 109 Chestnut
General Information
Standard status
Active
Size
4,456 SF
Lot size
1.33 Acres
Property subtype
Commercial
Listing Agency:
NORTH BAY PROPERTY ADVISORS
5232700
Listed By:
NICK ABBOTT · License #01357548
Source:
Corcoran
Added: Feb 7
Changed: Jul 10
Last Checked: Jul 27 at 5:47AM
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 NORTH BAY PROPERTY ADVISORS
Investment Insights
Based on property information with market context.
This Santa Rosa property presents a rare infill development opportunity. It features an existing improved yard with an office and shop, centrally located just East of the SMART Rail line and north of the Highway 12 overpass. Situated within an established industrial pocket rezoned to Maker Mixed Use (MMU), the property allows a flexible blend of light industrial, creative, and residential uses. The offering consists of three separate parcels totaling approximately 1.33 acres. Development potential is governed by Floor Area Ratio (FAR), with an allowed FAR of 4, supporting a potential buildout of over 200,000 square feet. Existing improvements total approximately 4,456 square feet. The property is currently leased to a towing operator at $4,500 per month, providing interim income while planning for future redevelopment. The site is fully served by city water and sewer, with PGE utilities in place. The property has been undergoing environmental remediation; interested parties should reach out to the listing broker for current environmental status and available documentation. This is a compelling opportunity for developers, owner-users, or long-term investors seeking significant upside through higher-density mixed-use development, with the ability to generate short-term income while entitling and planning a future project.
Key Highlights
- Rare infill development opportunity in Santa Rosa's Maker Mixed Use (MMU) zone.
- Significant development potential with an allowed Floor Area Ratio (FAR) of 4, supporting a potential buildout of over 200,000 square feet.
- Three separate parcels totaling approximately 1.33+\/- acres in a centrally located area near the SMART Rail line and Highway 12.
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.0k | $15.72 |
| − Vacancy | −$3.0k | −$0.68 |
| EGI | $67.0k | $15.04 |
| − OpEx | −$20.1k | −$4.51 |
| NOI | $46.9k | $10.53 |
4,456 SF · lease $15.72/SF/yr · vacancy 4.30% · expense 30.00%
Alternative Uses
Best Use
Industrial
$670.4K
$586.6K – $782.1K
NOI $46,925 @ 7.0% cap · market cap 3.91%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.24M
$1.08M – $1.44M
NOI $86,661 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - Prime 1.33-acre infill opportunity in Santa Rosa.
Where is this commercial land located?
The property is located at 109 Chestnut Santa Rosa, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Rare infill development opportunity in Santa Rosa's Maker Mixed Use (MMU) zone.; Significant development potential with an allowed Floor Area Ratio (FAR) of 4, supporting a potential buildout of over 200,000 square feet.; Three separate parcels totaling approximately 1.33+\/- acres in a centrally located area near the SMART Rail line and Highway 12.
