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Two-Story Office Building For Sale
For Sale
$1,500,000

332 Petaluma, Sebastopol, CA 95472

Two-story office building with four individual offices and ample storage.

Property Size3,692 SF
Price / SF$406.28
Days on Market526

Property Features for 332 Petaluma

General Information

Standard status Active
Size 3,692 SF

Building Details

Year Built 1974
Listing Agency: O'BRIEN REAL ESTATE
Listed By: RICHARD O'BRIEN
Source: Corcoran
Added: May 7, 2025 Changed: Mar 16 Last Checked: Apr 24 at 6:37PM

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 O'BRIEN REAL ESTATE

Investment Insights

Based on property information with market context.

This two-story office building is zoned for commercial office use. The building features four individual offices, each with separately metered HVAC. Common areas include a kitchenette and two restrooms. The second story provides ample storage space suitable for office-related materials. The sale includes two additional parcels. The property has a size of 3692 square feet.

Key Highlights

  • Commercial Office Zoning
  • 2 Story Office Building with 4 Individual Offices
  • Separately Metered HVAC

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$52,128
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,042,560 $1.0M
Cap Rate 7%
$744,686 $744.7K
Cap Rate 9%
$579,200 $579.2K
Market Conditions
NOI Build-Up for 3,692 SF
Gross rent
$82.0K $22.20/SF
− Vacancy
−$12.5K −$3.37/SF
EGI
$69.5K $18.83/SF
− OpEx
−$17.4K −$4.71/SF
NOI
$52.1K $14.12/SF
Area
Sonoma County, CA
Vacancy
15.20%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,042,560
Cap Rate 7%
$744,686
Cap Rate 9%
$579,200

Alternative Uses

Best Use
Office B
$744.7K
$651.6K – $868.8K (±1% cap)
NOI $52,128 @ 7.0% cap · market cap 3.48%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.00M
$875.4K – $1.17M (±1% cap)
NOI $70,031 @ 7.0% cap · market cap 4.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Storage Facility HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,708
Businesses Nearby

Demographics for 95472, CA

28,430
Population
12,595
Households
2.3
Avg Household Size
52
Median Age
50%
College-Educated
94%
High-School Grad
70.3 sq mi
ZIP Area
404
Density / Sq Mi
$109,775
Median Household Income
$50,097
Median Earnings
$1,918
Median Rent
$995,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Two-story office building with four individual offices and ample storage.
Where is this office building located?
The property is located at 332 Petaluma Sebastopol, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Commercial Office Zoning; 2 Story Office Building with **4 Individual Offices**; Separately Metered HVAC
More about this property
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