Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Industrial Land with Warehouse Building Title is generated by Realmo AI

    175 Scenic Ave, Santa Rosa, CA 95407

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    9.98 acres of industrial land for lease with warehouse.

    Type:Land
    Property size:
    2,000 SF
    Lot size:
    9.98 Acres
    Added:
    Sep 7, 2022
    Days on Market:
    1363
    Last Refresh:
    May 12 at 9:30 pm

    Property Features for 175 Scenic Ave

    General Information

    Standard status
    Active
    Size
    2,000 SF
    Lot size
    9.98 Acres
    Property subtype
    Land

    Spaces For Lease

    at 175 Scenic Ave Contact us

    We can help!

    Listing Contact
    JORDAN T. LAZOR
    JORDAN T. LAZOR

    Listing agent JORDAN T. LAZOR License #02011117

    Listing office JLL North Bay

    Listing date Sep 7, 2022

    Source Crexi

    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 JLL North Bay

    HighLights

    • ±9.98 acres of yard, outdoor storage, and parking area
    • County of Sonoma M3 Industrial Zoning
    • Central North Bay access, just 1 mile off Hwy 101
    • Divisible to 1 acre parcels
    • Allowable uses include retail equipment sales, storage yard, truck parking, etc.
    • Property features ±2,000 SF warehouse building

    Overview

    This property offers approximately 9.98 acres of land suitable for yard space, outdoor storage, and parking. The site is divisible into parcels starting from 1 acre. It includes an approximately 2,000 square foot warehouse building. The grounds feature compacted base rock and fenced perimeters. Located in Sonoma County, the property is zoned M3 Industrial, permitting uses such as retail equipment sales, storage yards, and truck parking. The location provides central North Bay access, situated approximately 1 mile from Highway 101.
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center Pharmacy Auto Repair Shop Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Santa Rosa
    County
    Sonoma
    State
    California
    Longitude
    -122.7188261
    Latitude
    38.3765489

    Nearby Similar for Lease

    • $1.95 SF/Yr
      25,470 SF

      Renovated Office Suites in Downtown

      Newly renovated office suites in a historic downtown Santa Rosa building.
      401 Mendocino Avenue, Santa Rosa, CA 95401
      View Details
    • $2,600/Mo
      1,600 SF

      Versatile Office Space in Santa Rosa

      Modern, turnkey office space ideal for medical or professional use.
      190 Wikiup Drive, Santa Rosa, CA 95403
      View Details
    • $750/Mo
      154 SF

      Santa Rosa Office Suites For Rent

      Individual office suites available in a multi-tenant building.
      4865 Old Redwood Highway, Santa Rosa, CA 95403
      View Details
    • $850/Mo
      177 SF

      Santa Rosa Office Suites Available

      Individual office suites in well-maintained business park, convenient location.
      4865 Old Redwood Highway, Santa Rosa, CA 95403
      View Details
    • $13,000/Mo
      2,339 SF

      Prime Retail Space in Santa Rosa

      High-exposure retail space in a proven Sonoma County location.
      1089 Santa Rosa Avenue, Santa Rosa, CA 95404
      View Details
    • $129-$5,194/Mo
      11-1,292 SF

      CA, Santa Rosa - Fountaingrove Center

      3558 Round Barn Blvd, Unit 200, Santa Rosa, CA 95403
      View Details
    • $129-$4,662/Mo
      11-1,292 SF

      CA, Santa Rosa- Guerneville Rd

      1421 Guerneville Rd, Unit 2ND, Santa Rosa, CA 95403
      View Details
    • $129-$3,406/Mo
      11-1,292 SF

      CA, Santa Rosa - Stony Circle

      131 Stony Cir, Santa Rosa, CA 95401
      View Details
    • Sponsored
      $129-$3,634/Mo
      11-1,292 SF

      CA, Santa Rosa - Neotomas Ave

      1410 Neotomas Ave, Unit 2ND, Santa Rosa, CA 95405
      View Details
    • $1.05 SF/Yr
      700,000 SF

      Regional Mall Anchor Space Available

      Anchor space in Santa Rosa's only enclosed regional mall.
      600 Santa Rosa Plaza, Santa Rosa, CA 95401
      View Details
    • $3,300/Mo

      Retail Space on College Avenue

      Retail space available on College Avenue in Santa Rosa.
      1203 College Avenue, Santa Rosa, CA 95404
      View Details
    • $1.50 SF/Yr
      5,308 SF

      Santa Rosa Office Space Available

      5308 square feet of office space for lease.
      416 B St, Santa Rosa, CA
      View Details

    FAQs

    What type of property is this?
    Industrial land - 9.98 acres of industrial land for lease with warehouse.
    Where is this industrial land located?
    The property is located at 175 Scenic Ave Santa Rosa, CA.
    What are key features of this property?
    This property features: ±9.98 acres of yard, outdoor storage, and parking area; County of Sonoma M3 Industrial Zoning; Central North Bay access, just 1 mile off Hwy 101
    (415) 451-4700 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing JORDAN T. LAZOR
    JORDAN T. LAZOR
    Real Estate License ID: 02011117
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    175 Scenic Ave, Santa Rosa, CA 95407
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!