Petaluma Motel with Community
For Sale
Contact for pricing
1368 N McDowell Blvd, Petaluma, CA 94954
122-room motel in Petaluma near Highway 101.
Property Size81,682 SF
Lot Size2.59 Acres
Price / SF$171.40
Days on Market147
Property Features for 1368 N McDowell Blvd
General Information
Standard status
Active
Size
81,682 SF
Lot size
2.59 Acres
Property subtype
Hospitality
Zoning
BP - Business Park
Investment Type
Value Add
Net Operating Income
$850,294
Building Details
Year Built
1983
Listing Agency:
Marcus & Millichap - Palo Alto
Listed By:
Robert Johnston · License #01853816
(650) 391-1700
Source:
Crexi
Added: May 21
Changed: Oct 7
Last Checked: Oct 12 at 6:21PM
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 Marcus & Millichap - Palo Alto
Investment Insights
Based on property information with market context.
Located in Petaluma, California, 1368 N McDowell Blvd is a 122-room motel situated on a 2.59-acre parcel. Constructed in 1983, the property features approximately 81,682 square feet of living area. The motel offers on-site amenities including private parking, laundry facilities, and a community pool. Petaluma is known for its food scene and access to employers such as Amy's Kitchen, Petaluma Valley Hospital, Clover Sonoma, Labcon, Lagunitas Brewing, and the Petaluma School District. The property is located near U.S. Highway 101 and California State Route 37, providing connectivity throughout Sonoma, Marin, and the Bay Area. The location in Sonoma County provides access to employers, transportation, and amenities.
Key Highlights
- 122‑room motel in Petaluma, CA, a thriving city.
- Expansive 2.59‑acre property with approximately 81,682 square feet of living area.
- Convenient on‑site amenities including private parking, laundry, and a community pool.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$989,373
Cap Rate
7.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$19,787,460
$19.8M
Cap Rate 7%
$14,133,900
$14.1M
Cap Rate 9%
$10,993,033
$11.0M
Market Conditions
NOI Build-Up for 81,682 SF
Gross rent
$2.45M $30.00/SF
− Vacancy
−$367.6K −$4.50/SF
EGI
$2.08M $25.50/SF
− OpEx
−$1.09M −$13.39/SF
NOI
$989.4K $12.11/SF
Area
Sonoma County, CA
Vacancy
15.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$19,787,460
Cap Rate 7%
$14,133,900
Cap Rate 9%
$10,993,033
Alternative Uses
Best Use
Hotel Hospitality
$14.13M
$12.37M – $16.49M
NOI $989,373 @ 7.0% cap · market cap 7.07%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$22.13M
$19.37M – $25.82M
NOI $1,549,377 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
993
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94954, CA
38,301
Population
15,147
Households
2.5
Avg Household Size
43
Median Age
37%
College-Educated
92%
High-School Grad
62.2 sq mi
ZIP Area
616
Density / Sq Mi
$107,564
Median Household Income
$58,362
Median Earnings
$2,405
Median Rent
$790,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Home2 Suites by Hilton Petaluma — 1205 Redwood Way, Petaluma, CA 94954
- Parkwest Casino Sonoma — 5151 Montero Way, Petaluma, CA 94954
- Motel 6 Petaluma, CA — 1368 N McDowell Blvd, Petaluma, CA 94954
- Quality Inn Petaluma - Sonoma — 5100 Montero Way, Petaluma, CA 94954
- Petaluma Valley Inn — 5135 Montero Way, Petaluma, CA 94954
Frequently Asked Questions
What type of property is this?
Motel - 122-room motel in Petaluma near Highway 101.
Where is this motel located?
The property is located at 1368 N McDowell Blvd Petaluma, CA.
What is the asking price?
The asking price for this property is $14,000,000.
What are key features of this property?
This property features: 122‑room motel in Petaluma, CA, a thriving city.; Expansive 2.59‑acre property with approximately 81,682 square feet of living area.; Convenient on‑site amenities including private parking, laundry, and a community pool.
