Office
1234 Apollo Way, Santa Rosa, CA 95407
For Sale
$3,800,000
Built in 1984, this office property offers a defined commercial address in Santa Rosa.
Property Size22,860 SF
Days on Market9
Property Features for 1234 Apollo Way
General Information
Standard status
Size
Site & Location
Neighborhood
Amenities
Enclosed, Private, Secured, On Street, Open, Guest
Building Details
Building Size
Year Built
Stories
Listing Agency:
North Bay Commercial R E
Listed By:
Dale Dockins · License CA #00977047
(707) 521-3500
Source:
Evrealestate
Added: Nov 5
Changed: Nov 10
Last Checked: Nov 12 at 7:52AM
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 North Bay Commercial R E
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Investment Insights
Based on property information with market context.
The office building at 1234 Apollo Way in Santa Rosa was built in 1984. Exterior parking options include enclosed, private, secured, on-street, open, and guest parking.
Access directions lead from Corporate Center Parkway to Apollo Way. The property is in Sonoma County.
Access directions lead from Corporate Center Parkway to Apollo Way. The property is in Sonoma County.
Key Highlights
- Built in 1984
- Parking options include enclosed, private, secured, on‑street, open, and guest spaces
- Access via Corporate Center Parkway to Apollo Way
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$322,765
Cap Rate
8.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,455,300
$6.5M
Cap Rate 7%
$4,610,929
$4.6M
Cap Rate 9%
$3,586,278
$3.6M
Market Conditions
NOI Build-Up for 22,860 SF
Gross rent
$507.5K $22.20/SF
− Vacancy
−$77.1K −$3.37/SF
EGI
$430.4K $18.83/SF
− OpEx
−$107.6K −$4.71/SF
NOI
$322.8K $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%
$6,455,300
Cap Rate 7%
$4,610,929
Cap Rate 9%
$3,586,278
Alternative Uses
Best Use
Office B
$4.61M
$4.03M – $5.38M
NOI $322,765 @ 7.0% cap · market cap 8.49%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$6.35M
$5.56M – $7.41M
NOI $444,584 @ 7.0% cap · market cap 11.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
706
Businesses Nearby
Explore this area
Business Placement
Demographics for 95407, CA
42,504
Population
13,371
Households
3.2
Avg Household Size
34
Median Age
17%
College-Educated
73%
High-School Grad
21.6 sq mi
ZIP Area
1,968
Density / Sq Mi
$82,807
Median Household Income
$40,907
Median Earnings
$1,822
Median Rent
$603,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Santa Rosa, CA
Properties on Market for Office buildings in Santa Rosa
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Built in 1984, this office property offers a defined commercial address in Santa Rosa.
Where is this office building located?
The property is located at 1234 Apollo Way Santa Rosa, CA.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Built in 1984; Parking options include enclosed, private, secured, on‑street, open, and guest spaces; Access via Corporate Center Parkway to Apollo Way
