Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5500 Grove Sonoma, CA 95476

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,795,000

    Private 47.31 acre estate with stunning views.

    Type:Land or Vacant Lot
    Lot size:
    47.31 Acres
    Added:
    Apr 2, 2025
    Days on Market:
    385
    Last Refresh:
    Apr 5 at 9:37 pm

    Property Features for 5500 Grove

    General Information

    Standard status
    Active
    Lot size
    47.31 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    JAMES R CLOPTON

    Listing agent JAMES R CLOPTON

    Listing office SOTHEBY'S INTERNATIONAL REALTY

    Listing date Apr 2, 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 SOTHEBY'S INTERNATIONAL REALTY

    Overview

    Sonoma Mountain Estate Property

    This is a 47.31 acre estate property located on Sonoma Mountain. The property features views spanning from Mt Diablo to the east and Mt. Tam to the west, framing views of Sonoma Valley to San Pablo Bay, the San Francisco skyline, and the Bay Bridge. The topography is rolling, and the land includes century-old heritage oaks, multiple building sites, vineyard potential, hiking trails, a seasonal creek, and an active waterfall. It is located 15 minutes from Sonoma Square and 50 minutes from the Golden Gate Bridge.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Real Estate Agency Accounting Firm Wine and Liquor Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sonoma
    County
    Sonoma
    State
    California
    Longitude
    -122.555
    Latitude
    38.3113

    Nearby Similar for Sale

    • $865,000
      1,695 SF

      Sonoma Highway Office with Live/Work

      Office building with live/work potential, great visibility, high traffic.
      17977 Sonoma Highway, Sonoma, CA 95476
      View Details
    • $1,200,000

      Sonoma Valley Development Opportunity

      2.1-acre parcel in Sonoma Valley with development potential.
      18350 Sierra Drive, Sonoma, CA 95476
      View Details
    • $249,000

      Sonoma County Residential Lot Opportunity

      Residential lot in Sonoma County ready for custom home development.
      17278 Hillcrest Avenue, Sonoma, CA 95476
      View Details
    • $2,100,000
      9,265 SF

      Prime Retail Asset in Sonoma

      Retail property near Fairmont Sonoma Mission Inn & Spa.
      22 Boyes, Sonoma, CA 95476
      View Details
    • $650,000
      2,840 SF

      Sonoma Highway Retail Property

      Two-unit retail property with highway frontage in Sonoma, CA.
      18332 Sonoma, Sonoma, CA 95476
      View Details
    • $2,200,000
      3,376 SF

      Sonoma Mixed-Use Investment Opportunity

      Mixed-use property with bed and breakfast and retail space.
      681 Broadway, Sonoma, CA 95476
      View Details
    • $1,195,000
      1,333 SF

      Sonoma Office with Development Upside

      Turnkey office property near Sonoma Plaza with expansion potential.
      369 W Napa, Sonoma, CA 95476
      View Details
    • $550,000
      833 SF

      Sonoma Office Condo For Sale

      Ground level office condo near Sonoma Plaza with private bathroom.
      1254 Broadway #C, Sonoma, CA 95476
      View Details
    • $79,000

      Sonoma Land Parcel Investment Opportunity

      Flat, quiet parcel suited for long-term investment or recreational use.
      1025 Laurel Avenue, Sonoma, CA 95472
      View Details
    • $6,900,000

      Sonoma County 59-Acre Land Parcel

      Expansive 59-acre Sonoma County land with agricultural potential.
      21200 Silva Road, Sonoma, CA 95476
      View Details
    • $425,000

      Sonoma Mixed-Use Development Opportunity

      Large city lot suitable for mixed-use development in Sonoma.
      673 2nd W, Sonoma, CA 95476
      View Details
    • $225,000

      Sonoma Salumi Shop Opportunity

      Established salumi shop with FDA-certified kitchen and retail space.
      248 W. Napa, Sonoma, CA 95476
      View Details

    FAQs

    What type of property is this?
    Land - Private 47.31 acre estate with stunning views.
    Where is this land located?
    The property is located at 5500 Grove Sonoma, CA.
    What is the asking price?
    The asking price for this property is $1,795,000.
    What are key features of this property?
    This property features: Stunning panoramic views spanning from Mt. Diablo to Mt. Tam, including Sonoma Valley, San Pablo Bay, SF Skyline, and the Bay Bridge.; Extremely private 47.31 acre estate property.; Multiple building sites and vineyard potential.
    9352288
    We can help!
    Listing Contact
    JAMES R CLOPTON
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!