Flex Space with Central
For Sale
$519,000
1435 Technology Ln #B11, Petaluma, CA 94954
Suite B11 offers central air and a common garage feature within a 2007 commercial property.
Property Size1,670 SF
Days on Market133
Property Features for 1435 Technology Ln #B11
General Information
Standard status
Active
Size
1,670 SF
Property subtype
Industrial
Building Details
Building Size
1,670 SF
Year Built
2007
Listing Agency:
Compass
Listed By:
Steven Cozza · License #01915699
(707) 328-9766
Source:
Elliman
Added: May 28
Changed: Oct 6
Last Checked: Oct 7 at 1:48PM
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 Compass
Investment Insights
Based on property information with market context.
Suite B11 is a flex-space property at 1435 Technology Lane in Petaluma, California. The building was constructed in 2007 and includes central air and central heating, along with a common garage exterior feature.
Access is directed from Lakeville to Casa Grande to Technology. The property is located in Sonoma County.
Access is directed from Lakeville to Casa Grande to Technology. The property is located in Sonoma County.
Key Highlights
- Flex‑space property in Suite B11
- Constructed in 2007
- Central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,631
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$492,620
$492.6K
Cap Rate 7%
$351,871
$351.9K
Cap Rate 9%
$273,678
$273.7K
Market Conditions
NOI Build-Up for 1,670 SF
Gross rent
$37.9K $22.68/SF
− Vacancy
−$2.7K −$1.61/SF
EGI
$35.2K $21.07/SF
− OpEx
−$10.6K −$6.32/SF
NOI
$24.6K $14.75/SF
Area
Sonoma County, CA
Vacancy
7.10%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$492,620
Cap Rate 7%
$351,871
Cap Rate 9%
$273,678
Alternative Uses
Best Use
Industrial
$351.9K
$307.9K – $410.5K
NOI $24,631 @ 7.0% cap · market cap 4.75%
Second Best
Flex RnD
$339.6K
$297.1K – $396.2K
NOI $23,771 @ 7.0% cap · market cap 4.58%
Theoretical Best
Specialty Retail
$452.5K
$396.0K – $528.0K
NOI $31,677 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
590
Businesses Nearby
Under-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
Market
Vacancy Rate% for Industrial in West region
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Similar Off Market Nearby
- Caffeine Inc. — 765 Baywood Dr Suite 145, Petaluma, CA 94954
- Apple Spice Box Lunch Delivery & Catering Petaluma, CA — 2000 Lakeville Hwy Suite F, Petaluma, CA 94954
Frequently Asked Questions
What type of property is this?
Flex space - Suite B11 offers central air and a common garage feature within a 2007 commercial property.
Where is this flex space located?
The property is located at 1435 Technology Ln #B11 Petaluma, CA.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: Flex‑space property in Suite B11; Constructed in 2007; Central air conditioning
