Prime Industrial Property on Airport
Airport Blvd 1400-1408, Santa Rosa, CA
Call to check price and availability
Rare industrial property with significant frontage in Santa Rosa.
Type:INDUSTRIAL
Property size:
24,237 SFLot size:
3.87 AcresPrice / SF:
$210/SF- Added:
- Nov 24, 2025
- Days on Market:
- 181
- Last Refresh:
- Apr 5 at 10:10 pm
Property Features for Airport Blvd 1400-1408
General Information
- Standard status
- Active
- Size
- 24,237 SF
- Lot size
- 3.87 Acres
- Property subtype
- INDUSTRIAL
Listing agent Michael Mazanec License #CA 01968962 (707) 570-9390
Listing office North Bay Commercial Real Estate (707) 570-9390
Listing date Nov 24, 2025
Source Moodyscre
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
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.
- Located in the heart of Northern Santa Rosa's Airport Business Corridor, a thriving business region.
- Versatile zoning provides flexibility to meet specific business requirements.
- Strategic location ensures brand and operational recognition due to steady traffic flow.
Overview
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.
Financial Insights
Value Estimation Calculated for Industrial
Conservative
$2.84M
NOI $255,236 @ 9.00% cap · cautious / downside scenario
Moderate
$3.65M
NOI $255,236 @ 7.00% cap · market / base-case scenario
Aggressive
$5.10M
NOI $255,236 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- 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.
Calculated for Industrial
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $381.0k | $15.72 |
| − Vacancy | −$16.4k | −$0.68 |
| EGI | $364.6k | $15.04 |
| − OpEx | −$109.4k | −$4.51 |
| NOI | $255.2k | $10.53 |
24,237 SF · lease $15.72/SF/yr · vacancy 4.30% · expense 30.00%
Alternative Use Scenarios
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 local authorities.
Location Intelligence
Current Use by Public Records
Industrial properties
Location Insight
- Map
- Local Demand
- City
- Santa Rosa
- County
- Sonoma
- State
- California
- Longitude
- -122.79
- Latitude
- 38.5108
Nearby Similar for Sale
FAQs
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 Airport Blvd 1400-1408 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.
