Four-Building Medical Office
For Sale
Contact for pricing
7064 Corline Ct, Sebastopol, CA 95472
Multi-suite layouts include exam rooms, reception areas, offices, restrooms, and kitchenettes across several occupied buildings.
Property Size14,511 SF
Lot Size1.14 Acres
Price / SF$261.87
Days on Market640
Property Features for 7064 Corline Ct
General Information
Standard status
Active
Size
14,511 SF
Net Rentable
14,511 SF
Lot size
1.14 Acres
Property subtype
OFFICE
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Asking Price
$3,800,000
Office Units
6
Amenities
vaulted exposed wood beam ceilings
medical exam rooms
reception areas
conference rooms
private restrooms
kitchenettes
scenic views of Laguna de Santa Rosa
Building Details
Year Built
1973
Buildings
4
Tenancy
Multi
Listing Agency:
JD Management Group Inc.
(510) 387-7792
Listed By:
Jonathan Davis · License #01510138
(510) 387-7792
Source:
Moodyscre
Added: Nov 28, 2024
Changed: Aug 29
Last Checked: Aug 29 at 10:38PM
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 JD Management Group Inc.
Investment Insights
Based on property information with market context.
This medical and professional office property comprises four separate commercial buildings totaling ±14,511 SF. The improvements provide a range of configurations, including a 2,713-RSF building with vaulted exposed wood beam ceilings, exam rooms, a kitchenette, and private bathrooms. A two-story 7,631-RSF building contains five suites with exam rooms, reception areas, conference rooms, offices, restrooms, and kitchenettes. The two-story Building C offers additional exam rooms, reception areas, restrooms, and a kitchenette, while Building D includes an open layout, private restroom, and kitchenette. Several spaces are currently occupied by separate tenants.
The property is within walking distance of Downtown Sebastopol and The Barlow, a 12.5-acre shopping and entertainment district. Sebastopol connects to the broader North Bay through State Highways 12 and 116, with access to Highway 101. The site includes 27+ parking spaces plus additional easement parking and was built in 1973.
The property is within walking distance of Downtown Sebastopol and The Barlow, a 12.5-acre shopping and entertainment district. Sebastopol connects to the broader North Bay through State Highways 12 and 116, with access to Highway 101. The site includes 27+ parking spaces plus additional easement parking and was built in 1973.
Key Highlights
- ±14,511 SF across 4 separate commercial buildings
- Building B contains ±7,631 rentable square feet across two floors
- Building C includes ±3,374 rentable square feet with two floors and views of Laguna de Santa Rosa
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$204,884
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,097,680
$4.1M
Cap Rate 7%
$2,926,914
$2.9M
Cap Rate 9%
$2,276,489
$2.3M
Market Conditions
NOI Build-Up for 14,511 SF
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.
Gross rent
$322.1K $22.20/SF
− Vacancy
−$49.0K −$3.37/SF
EGI
$273.2K $18.83/SF
− OpEx
−$68.3K −$4.71/SF
NOI
$204.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,097,680
Cap Rate 7%
$2,926,914
Cap Rate 9%
$2,276,489
Alternative Uses
Best Use
Office B
$2.93M
$2.56M – $3.41M
NOI $204,884 @ 7.0% cap · market cap 5.39%
Second Best
Healthcare Medical
$2.59M
$2.27M – $3.03M
NOI $181,585 @ 7.0% cap · market cap 4.78%
Theoretical Best
Specialty Retail
$3.93M
$3.44M – $4.59M
NOI $275,250 @ 7.0% cap · market cap 7.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
645
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Animal Hospital of Sebastopol: Dr. Nicole Canon, DVM — 1010 Gravenstein Hwy S, Sebastopol, CA 95472
- Dr. Barbara Farrell, MS, DVM — 1010 Gravenstein Hwy S, Sebastopol, CA 95472
- Animal Hospital of Sebastopol — 1010 Gravenstein Hwy S, Sebastopol, CA 95472
- Animal Hospital of Sebastopol: Rockwood Charlotte DVM — 1010 Gravenstein Hwy S, Sebastopol, CA 95472
- Animal Hospital of Sebastopol: Shimomura Lisa DVM — 1010 Gravenstein Hwy S, Sebastopol, CA 95472
Frequently Asked Questions
What type of property is this?
Medical Office Space - Multi-suite layouts include exam rooms, reception areas, offices, restrooms, and kitchenettes across several occupied buildings.
Where is this medical office space located?
The property is located at 7064 Corline Ct Sebastopol, 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: ±14,511 SF across 4 separate commercial buildings; Building B contains ±7,631 rentable square feet across two floors; Building C includes ±3,374 rentable square feet with two floors and views of Laguna de Santa Rosa
