Medical Office Building For
1405 Montgomery, Santa Rosa, CA 95405
8,697 SF medical office building near hospital and highways.
Property size:
8,697 SFPrice / SF:
$207/SF- Added:
- May 1, 2025
- Days on Market:
- 396
- Last Refresh:
- Mar 16 at 9:08 am
Property Features for 1405 Montgomery
General Information
- Standard status
- Active
- Size
- 8,697 SF
Building Details
- Year Built
- 1968
Listing agent RHONDA DERINGER License #01206401
Listing office KEEGAN & COPPIN COMPANY, INC (707) 528-1400
Listing date May 1, 2025
Source Corcoran
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 KEEGAN & COPPIN COMPANY, INC
HighLights
- 8,697 SF Medical Office Building adjacent to Providence/Santa Rosa Memorial Hospital Medical Centers.
- Excellent Owner/User Opportunity with prominent visibility and signage along Montgomery Dr.
- 26,136 SF Corner Lot with 42 on‑site parking spaces at a signalized intersection.
- Zoned Commercial Office (CO).
- Includes 12 private offices/exam rooms with sinks/cabinets, 2 X‑ray rooms, 2 specialized rooms/cast rooms, and a lab area.
- Easy access to Highways 12 and 101.
Overview
This is an 8,697 square foot medical office building. The two-story building contains 12 private offices or exam rooms, each equipped with sinks and cabinets. It also features 2 X-ray rooms, 2 specialized or cast rooms, and a lab area. The building includes 4 restrooms, a waiting room, and a reception area. The first floor measures approximately 6,642 square feet, while the second floor provides an additional 2,055 square feet of improved attic area with storage closets and roof access to a roof deck. The property is situated on a 26,136 square foot corner lot and includes 42 on-site parking spaces. It is located at a signalized intersection on Doyle Park Drive and is zoned Commercial Office (CO). The property offers excellent visibility and signage opportunities along Montgomery Drive, making it suitable for an owner or user. It is located adjacent to Providence/Santa Rosa Memorial Hospital and other medical centers. The property features mature landscaping and trees, with easy access to Highways 12 and 101.
Local Financial Insights For Office B
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 | $193.1k | $22.20 |
| − Vacancy | −$29.3k | −$3.37 |
| EGI | $163.7k | $18.83 |
| − OpEx | −$40.9k | −$4.71 |
| NOI | $122.8k | $14.12 |
8,697 SF · lease $22.20/SF/yr · vacancy 15.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.75M
$1.53M – $2.05M
NOI $122,795 @ 7.0% cap · market cap 6.81%
Second Best
Healthcare Medical
$1.66M
$1.46M – $1.94M
NOI $116,430 @ 7.0% cap · market cap 6.45%
Theoretical Best
Multifamily LT 5
$2.42M
$2.11M – $2.82M
NOI $169,140 @ 7.0% cap · market cap 9.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Dr. Michael J ...
Physician
ARI UMUTYAN
Physician
NATHAN ROSS EHMER
Physician
Rodney Dekleuver
Physician
Dominic Mintalucci
Physician
Similar Places Nearby
- Santa Rosa Veterinary Hospital — 2002 4th St, Santa Rosa, CA 95404
- Alderbrook Pet Hospital — 1533 4th St, Santa Rosa, CA 95404
Location Insight
- Map
- Local Demand
- City
- Santa Rosa
- County
- Sonoma
- State
- California
- Longitude
- -122.699
- Latitude
- 38.4438
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - 8,697 SF medical office building near hospital and highways.
Where is this medical office space located?
The property is located at 1405 Montgomery Santa Rosa, CA.
What is the asking price?
The asking price for this property is $1,804,000.
What are key features of this property?
This property features: 8,697 SF Medical Office Building adjacent to Providence/Santa Rosa Memorial Hospital Medical Centers.; Excellent Owner/User Opportunity with prominent visibility and signage along Montgomery Dr.; 26,136 SF Corner Lot with 42 on‑site parking spaces at a signalized intersection.
