Medical Office Property with
New
For Sale
$1,250,000
1190 Montgomery Dr, Santa Rosa, CA 95405
Two buildings offer a four-suite configuration on a single commercial parcel.
Property Size5,284 SF
Lot Size0.43 Acres
Price / SF$236.56
Days on Market3
Property Features for 1190 Montgomery Dr
General Information
Standard status
Active
Size
5,284 SF
Lot size
0.43 Acres
Property subtype
Commercial
Lease Term
12 months
Additional Details
Public Transit
Yes
Office Units
4
Building Details
Building Size
5,284 SF
Year Built
1955
Buildings
2
Units
4
Listing Agency:
Keller Williams Realty
Listed By:
Edward J Buckner
(707) 206-1494
Source:
Elliman
Added: Oct 9
Changed: Oct 11
Last Checked: Oct 11 at 7:39AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This medical office property includes two buildings with four suites and 5,284 square feet of space. The buildings date to 1955, and the property includes dedicated on-site parking on an 18,731-square-foot lot.
At 1190 Montgomery Dr in Santa Rosa, the site is directly across from Providence Santa Rosa Memorial Hospital. The property has a Walk Score of 87, a Bike Score of 64, and a Transit Score of 45.
At 1190 Montgomery Dr in Santa Rosa, the site is directly across from Providence Santa Rosa Memorial Hospital. The property has a Walk Score of 87, a Bike Score of 64, and a Transit Score of 45.
Key Highlights
- Two buildings with four suites totaling 5,284 square feet
- Located directly across from Providence Santa Rosa Memorial Hospital
- 18,731‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,606
Cap Rate
5.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,492,120
$1.5M
Cap Rate 7%
$1,065,800
$1.1M
Cap Rate 9%
$828,956
$829.0K
Market Conditions
NOI Build-Up for 5,284 SF
Gross rent
$117.3K $22.20/SF
− Vacancy
−$17.8K −$3.37/SF
EGI
$99.5K $18.83/SF
− OpEx
−$24.9K −$4.71/SF
NOI
$74.6K $14.12/SF
Area
Santa Rosa, 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%
$1,492,120
Cap Rate 7%
$1,065,800
Cap Rate 9%
$828,956
Alternative Uses
Best Use
Office B
$1.07M
$932.6K – $1.24M
NOI $74,606 @ 7.0% cap · market cap 5.97%
Second Best
Healthcare Medical
$1.01M
$884.2K – $1.18M
NOI $70,739 @ 7.0% cap · market cap 5.66%
Theoretical Best
Multifamily LT 5
$1.47M
$1.28M – $1.71M
NOI $102,764 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Office units
Location Intelligence
Trade Area within ½ mile
3,039
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 95405, CA
22,015
Population
9,664
Households
2.3
Avg Household Size
45
Median Age
47%
College-Educated
94%
High-School Grad
5.0 sq mi
ZIP Area
4,403
Density / Sq Mi
$117,931
Median Household Income
$60,009
Median Earnings
$2,315
Median Rent
$749,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Two buildings offer a four-suite configuration on a single commercial parcel.
Where is this medical office space located?
The property is located at 1190 Montgomery Dr Santa Rosa, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two buildings with four suites totaling 5,284 square feet; Located directly across from Providence Santa Rosa Memorial Hospital; 18,731‑square‑foot lot
