Santa Rosa Warehouse with Secured
For Sale
Contact for pricing
1800 Lombardi Ln, Santa Rosa, CA
Warehouse with secured yard, office space, and multiple rooms.
Property Size39,986 SF
Lot Size3.63 Acres
Price / SF$168.81
Days on Market348
Property Features for 1800 Lombardi Ln
General Information
Standard status
Active
Size
39,986 SF
Lot size
3.63 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Newmark | San Rafael
(707) 484-1948
Listed By:
Barry Palma · License #00931004
(707) 484-1948
Source:
Moodyscre
Added: Sep 17, 2025
Changed: Jul 6
Last Checked: Aug 30 at 2:05PM
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 Newmark | San Rafael
Investment Insights
Based on property information with market context.
This property offers approximately 17,900 square feet of warehouse space with a ceiling height of approximately 22 feet. It also includes approximately 6,200 square feet of mezzanine/office space, primarily open with private offices on the perimeter, a large conference room, and a kitchenette. The property features multiple ancillary rooms, including storage and assembly rooms with approximately 10-foot ceiling heights, and an R&D lab of approximately 1,080 square feet with approximately 10-foot ceiling height. There are two large male/female restrooms with showers, and an employee breakroom, all on the ground floor. The property includes two dock-high doors with dock levelers, and two 10’ x 10’ and two 10’ x 12’ grade-level doors. Outside, there are five 60’ x 28’ x 15’ hoop storage exterior storage tents suitable for pallet racking, as well as covered storage/equipment bays along the rear exterior wall of the building. The property includes a secured yard area of approximately 1.4 acres (approximately 61,249 square feet) and parking on approximately .80 acres (approximately 34,640 square feet). Warehouse lighting is provided by sodium vapor and fluorescent fixtures. The total property size is 39,986 square feet.
Key Highlights
- Large Secured Yard: ±1.4 Acres (±61,249 SF)
- Warehouse Space: ±17,900 SF with ±22’ Ceiling Height
- Mezzanine/Office Space: ±6,200 SF (primarily open with private offices, conference room, and kitchenette)
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$500,653
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$10,013,060
$10.0M
Cap Rate 7%
$7,152,186
$7.2M
Cap Rate 9%
$5,562,811
$5.6M
Market Conditions
NOI Build-Up for 39,986 SF
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.
Gross rent
$614.2K $15.36/SF
− Vacancy
−$25.2K −$0.63/SF
EGI
$589.0K $14.73/SF
− OpEx
−$88.4K −$2.21/SF
NOI
$500.7K $12.52/SF
Area
Santa Rosa, CA
Vacancy
4.10%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$10,013,060
Cap Rate 7%
$7,152,186
Cap Rate 9%
$5,562,811
Alternative Uses
Best Use
Warehouse
$7.15M
$6.26M – $8.34M
NOI $500,653 @ 7.0% cap · market cap 7.42%
Second Best
Industrial
$6.02M
$5.26M – $7.02M
NOI $421,086 @ 7.0% cap · market cap 6.24%
Theoretical Best
Multifamily LT 5
$11.11M
$9.72M – $12.96M
NOI $777,652 @ 7.0% cap · market cap 11.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
513
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Traditional Medicinals — 975 Corporate Center Pkwy suite 140B, Santa Rosa, CA 95407
- Southpoint Self Storage — 700 Lombardi Ct, Santa Rosa, CA 95407
- American Mini Storage — 700 Lombardi Ct, Santa Rosa, CA 95407
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse with secured yard, office space, and multiple rooms.
Where is this warehouse located?
The property is located at 1800 Lombardi Ln Santa Rosa, CA.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: Large Secured Yard: ±1.4 Acres (±61,249 SF); Warehouse Space: ±17,900 SF with **±22’ Ceiling Height**; Mezzanine/Office Space: ±6,200 SF (primarily open with private offices, conference room, and kitchenette)
