Geyserville Mixed-Use Building For
For Sale
$1,100,000
21249 N Geyserville #21249, Geyserville, CA 95441
Free-standing commercial/residential building near downtown Geyserville.
Property Size2,256 SF
Lot Size0.34 Acres
Price / SF$487.59
Days on Market150
Property Features for 21249 N Geyserville #21249
General Information
Standard status
Active
Size
2,256 SF
Lot size
0.34 Acres
Property subtype
Commercial
Amenities
Central air
Ductless Cooling
Ductless Heating
Low Maintenance
Multi Units Cooling
Multi Units Heating
Private
Vinyl Flooring
Building Details
Year Built
1974
Listing Agency:
KEEGAN & COPPIN COMPANY, INC
5281400
Listed By:
DINO L D'ARGENZIO
Source:
Corcoran
Added: Mar 17
Changed: Aug 11
Last Checked: Aug 12 at 6:32AM
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 KEEGAN & COPPIN COMPANY, INC
Investment Insights
Based on property information with market context.
This free-standing commercial/residential building is conveniently located a short walk from charming downtown Geyserville. The property features 2,256+/- square feet of space on a 15,000+/- square foot lot. This presents a unique value-added opportunity for an owner-user or new investor. The zoning permits restaurant use, and plans have been completed and approved for a kitchen. Owner financing is available. There are 14 on-site parking spaces, which translates to 6/1000 parking. The lot is gated and fenced. Potential uses include vacation rentals, medical services, and personal offices. The property was formerly a Bank of America branch. The zoning is Limited Commercial District (LC).
Key Highlights
- Approved plans for a restaurant kitchen, ideal for immediate establishment.
- Zoning permits restaurant use and other flexible commercial/residential applications (Vacation rental, medical services, personal office, etc.).
- Prime location within walking distance to downtown Geyserville.
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
$42,793
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
3.89%
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%
$855,860
$855.9K
Cap Rate 7%
$611,329
$611.3K
Cap Rate 9%
$475,478
$475.5K
Market Conditions
NOI Build-Up for 2,256 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
$59.6K $26.40/SF
− Vacancy
−$2.5K −$1.11/SF
EGI
$57.1K $25.29/SF
− OpEx
−$14.3K −$6.32/SF
NOI
$42.8K $18.97/SF
Area
Sonoma County, CA
Vacancy
4.20%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
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%
$855,860
Cap Rate 7%
$611,329
Cap Rate 9%
$475,478
Alternative Uses
Best Use
Specialty Retail
$611.3K
$534.9K – $713.2K
NOI $42,793 @ 7.0% cap · market cap 3.89%
Second Best
Office B
$455.0K
$398.2K – $530.9K
NOI $31,853 @ 7.0% cap · market cap 2.90%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
109
Businesses Nearby
Explore this area
Business Placement
Demographics for 95441, CA
1,915
Population
940
Households
2
Avg Household Size
47
Median Age
35%
College-Educated
80%
High-School Grad
157.2 sq mi
ZIP Area
12
Density / Sq Mi
$128,375
Median Household Income
$52,667
Median Earnings
$1,570
Median Rent
$1,277,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Free-standing commercial/residential building near downtown Geyserville.
Where is this mixed-use property located?
The property is located at 21249 N Geyserville #21249 Geyserville, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Approved plans for a restaurant kitchen, ideal for immediate establishment.; Zoning permits restaurant use and other flexible commercial/residential applications (Vacation rental, medical services, personal office, etc.).; Prime location within walking distance to downtown Geyserville.
