Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1400 Medical Center Dr Rohnert Park, CA 94928

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,295,000

    Medical office suites for sale in Rohnert Park, CA.

    Property size:
    5,476 SF
    Lot size:
    0.54 Acres

    Property Features for 1400 Medical Center Dr

    General Information

    Standard status
    Active
    Size
    5,476 SF
    Lot size
    0.54 Acres

    Building Details

    Year built
    1990

    We can help!

    Listing Contact
    Randy Waller
    Randy Waller
    Source: Corcoran

    Listing Agency: W REAL ESTATE Listing Agent: Randy Waller

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Medical Office Investment Opportunity

    Located at 1400 Medical Center Drive in Rohnert Park, this property presents an investment opportunity. The building contains two suites totaling 5,282 square feet. Suite C, comprising 2,744 square feet, is currently occupied through 2026 with an additional 5-year option. Suite A/B, which offers 2,538 square feet, is currently vacant. The property is positioned within Rohnert Park's medical hub, offering high visibility and accessibility. It is suitable for medical practitioners, investors, or owner-users. This property is ideal for leasing, investment, or establishing a practice.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rohnert Park
    County
    Sonoma
    State
    California
    Longitude
    -122.6826154
    Latitude
    38.3478335

    Nearby Similar for Sale

    • $1,379,000
      7,816 SF

      Renovated Office Building in Rohnert

      Two-story office building in Rohnert Park's medical district.
      1370 Medical Center Dr, Rohnert Park, CA 94928
      View Details
    • $2,400,000
      9,671 SF

      Rohnert Park Investment Opportunity

      Prominent Rohnert Park investment property with income and upside.
      5755 Redwood Dr, Rohnert Park, CA 94928
      View Details
    • $1,600,000
      4,296 SF

      Rohnert Park Two-Story Office Building

      Two-story office building with ample parking and convenient location.
      6601 Commerce Blvd, Rohnert Park, CA 94928
      View Details
    • Contact for pricing
      3,414 SF

      Carl's Jr. NNN Lease

      Long-term corporate lease in a high-traffic retail corridor.
      6460 Redwood Dr, Rohnert Park, CA 94928
      View Details
    • $1,379,000
      7,816 SF

      Renovated Office Building in Rohnert

      Two-story office building in Rohnert Park's medical district.
      1370 Medical Center Dr, Rohnert Park, CA 94928
      View Details
    • $349,000
      615 SF

      Rohnert Park Bi-Level Commercial Suite

      Bi-level commercial suite with private bathroom and storage.
      6650 Commerce Blvd, Rohnert Park, CA 94928
      View Details
    • $349,000
      622 SF

      Versatile Bi-Level Retail/Office Space

      622 sqft bi-level space ideal for retail or office.
      6650 Commerce Blvd, Rohnert Park, CA 94928
      View Details
    • $6,300,000
      21,773 SF

      Cold Storage Facility, Rohnert Park

      Prime CA Cold Storage Warehouse, 21,773 SF
      5980 State Farm Dr, Rohnert Park, CA 94928
      View Details
    • $20,500,000

      Wine Country RV Park Investment

      Prime Sonoma County RV Park for Sale
      7450 Cristobal Rd, Rohnert Park, CA 94928
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Medical office suites for sale in Rohnert Park, CA.
    Where is this medical office space located?
    The property is located at 1400 Medical Center Dr Rohnert Park, CA.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: - Prime investment opportunity in Rohnert Park's medical hub.; - Two suites totaling 5,282 sqft.; - Suite C (2,744 sqft) is currently leased through 2026 with a 5-year option.
    (707) 591-0570
    Request Owner's contact information
    1400 Medical Center Dr Rohnert Park, CA 94928
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1400 Medical Center Dr
    Rohnert Park, CA 94928
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1400 Medical Center Dr Rohnert Park, CA 94928
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Randy Waller
    Randy Waller
    (707) 591-0570 (707) 843-1382 5910570
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!