Prime Industrial Property on Airport
For Sale
Contact for pricing
1400-1408 Airport Blvd, Santa Rosa, CA
Rare industrial property with significant frontage in Santa Rosa.
Property Size24,237 SF
Lot Size3.87 Acres
Price / SF$210.42
Days on Market324
Property Features for 1400-1408 Airport Blvd
General Information
Standard status
Active
Size
24,237 SF
Lot size
3.87 Acres
Property subtype
INDUSTRIAL
Listing Agency:
North Bay Commercial Real Estate
(707) 521-3500
Listed By:
Michael Mazanec · License #1968962
(707) 570-9390
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Sep 15
Last Checked: Oct 12 at 10:17PM
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 Real Estate
Investment Insights
Based on property information with market context.
This industrial property is located in the Airport Business Corridor of Northern Santa Rosa. A notable feature is the 208 feet of frontage on Airport Blvd. The MP 2 AC AVG zoning allows for a wide range of uses, providing versatility for manufacturing, logistics, or distribution businesses. The property offers visibility and accessibility due to its frontage on a busy street. The property's scarcity makes it a unique opportunity in Sonoma County. This property of 24,237 square feet offers a strategic location within a thriving business community.
Key Highlights
- Rare MP 2 AC AVG zoning allows for a wide range of industrial uses.
- Exceptional 208 feet of prime frontage on Airport Blvd. provides high visibility and accessibility.
- One of the last remaining properties of its kind in Sonoma County, offering a unique and scarce opportunity.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$255,236
Cap Rate
5.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,104,720
$5.1M
Cap Rate 7%
$3,646,229
$3.6M
Cap Rate 9%
$2,835,956
$2.8M
Market Conditions
NOI Build-Up for 24,237 SF
Gross rent
$381.0K $15.72/SF
− Vacancy
−$16.4K −$0.68/SF
EGI
$364.6K $15.04/SF
− OpEx
−$109.4K −$4.51/SF
NOI
$255.2K $10.53/SF
Area
Santa Rosa, CA
Vacancy
4.30%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,104,720
Cap Rate 7%
$3,646,229
Cap Rate 9%
$2,835,956
Alternative Uses
Best Use
Industrial
$3.65M
$3.19M – $4.25M
NOI $255,236 @ 7.0% cap · market cap 5.00%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$6.73M
$5.89M – $7.86M
NOI $471,364 @ 7.0% cap · market cap 9.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
680
Businesses Nearby
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Business Placement
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Industrial property - Rare industrial property with significant frontage in Santa Rosa.
Where is this industrial property located?
The property is located at 1400-1408 Airport Blvd Santa Rosa, CA.
What is the asking price?
The asking price for this property is $5,100,000.
What are key features of this property?
This property features: Rare MP 2 AC AVG zoning allows for a wide range of industrial uses.; Exceptional 208 feet of prime frontage on Airport Blvd. provides high visibility and accessibility.; One of the last remaining properties of its kind in Sonoma County, offering a unique and scarce opportunity.
