Freestanding Retail
For Sale
$2,200,000
1125 W Steele Lane, Santa Rosa, CA 95403
Tall showroom windows and high ceilings complement additional space with a loading dock.
Property Size6,696 SF
Price / SF$328.55
Days on Market477
Property Features for 1125 W Steele Lane
General Information
Standard status
Active
Size
6,696 SF
Total Parking Spaces
20
Property subtype
Retail
Zoning
General Commercial
Site & Location
Neighborhood
North of Coddingtown
Traffic Count
32,000 vehicles/day
Additional Details
Tenant in Place
Yes
Building Details
Building Size
6,696 SF
Year Built
1976
Buildings
1
Parking Ratio
2.94 per 1,000 SF
Listing Agency:
Solid Properties
Listed By:
Joe Pheffer
(707) 481-1488
Source:
Socoproperty
Added: Jul 9, 2025
Changed: Oct 27
Last Checked: Oct 26 at 2:54PM
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 Solid Properties
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Investment Insights
Based on property information with market context.
This 6,696-square-foot retail property, built in 1976, combines a showroom with tall windows and high ceilings, plus additional developed space and a loading dock. The latter area can serve retail or warehouse functions. A partial second story contains owner and manager offices, a break room, and storage. Two long-term rooftop cellular leases provide income independent of building occupancy.
The building sits on a nearly half-acre parcel with a private paved lot offering 20 parking spaces. It is across from Coddingtown Mall and near the signalized intersection of Guerneville Road and Cleveland Avenue. The surrounding trade area recorded traffic of more than 32,000 vehicles per day as of April 2023. Zoning is General Commercial with a North Santa Rosa Station overlay.
The building sits on a nearly half-acre parcel with a private paved lot offering 20 parking spaces. It is across from Coddingtown Mall and near the signalized intersection of Guerneville Road and Cleveland Avenue. The surrounding trade area recorded traffic of more than 32,000 vehicles per day as of April 2023. Zoning is General Commercial with a North Santa Rosa Station overlay.
Key Highlights
- 6,696‑square‑foot freestanding retail building on a nearly half‑acre parcel
- 20 parking spaces in a private paved lot
- Showroom with tall windows and high ceilings; additional developed area includes a loading dock
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,921
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,458,420
$1.5M
Cap Rate 7%
$1,041,729
$1.0M
Cap Rate 9%
$810,233
$810.2K
Market Conditions
NOI Build-Up for 6,696 SF
Gross rent
$114.1K $17.04/SF
− Vacancy
−$9.9K −$1.48/SF
EGI
$104.2K $15.56/SF
− OpEx
−$31.3K −$4.67/SF
NOI
$72.9K $10.89/SF
Area
Santa Rosa, CA
Vacancy
8.70%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,458,420
Cap Rate 7%
$1,041,729
Cap Rate 9%
$810,233
Alternative Uses
Best Use
Retail
$1.04M
$911.5K – $1.22M
NOI $72,921 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.86M
$1.63M – $2.17M
NOI $130,224 @ 7.0% cap · market cap 5.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
32,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,391
Businesses Nearby
675k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 37%
Superstores 22%
Dining 17%
Shops & Services 12%
Target
Superstores
150,148 visits/mo
0.3 miles
In-N-Out Burger
Dining
66,687 visits/mo
0.3 miles
Whole Foods Market
Groceries
56,151 visits/mo
0.3 miles
DICK'S Sporting Goods
Apparel
55,845 visits/mo
0.4 miles
T.J. Maxx
Apparel
54,218 visits/mo
0.1 miles
Demographics for 95403, CA
44,705
Population
17,504
Households
2.6
Avg Household Size
39
Median Age
27%
College-Educated
87%
High-School Grad
21.5 sq mi
ZIP Area
2,079
Density / Sq Mi
$94,480
Median Household Income
$45,928
Median Earnings
$2,215
Median Rent
$651,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Tall showroom windows and high ceilings complement additional space with a loading dock.
Where is this retail space located?
The property is located at 1125 W Steele Lane Santa Rosa, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 6,696‑square‑foot freestanding retail building on a nearly half‑acre parcel; 20 parking spaces in a private paved lot; Showroom with tall windows and high ceilings; additional developed area includes a loading dock
