Downtown Cloverdale Versatile Commercial
For Sale
$624,900
219 S Cloverdale, Cloverdale, CA 95425
Versatile 4,000+ sq ft commercial space in downtown Cloverdale.
Property Size4,120 SF
Price / SF$151.67
Days on Market458
Property Features for 219 S Cloverdale
General Information
Standard status
Active
Size
4,120 SF
Building Details
Year Built
1982
Listing Agency:
WINE COUNTRY REAL ESTATE NETWORK
8949006
Listed By:
SHALIA VANDERWEKEN
Source:
Corcoran
Added: May 22, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 WINE COUNTRY REAL ESTATE NETWORK
Investment Insights
Based on property information with market context.
This commercial property offers over 4,000 sq. ft. of versatile space in downtown Cloverdale. The property features a prominent storefront, private office space, and a convenient storage area at the rear. It is located on Cloverdale Boulevard, steps from local restaurants, shops, and the city plaza. The location provides easy freeway access and is positioned for business and community engagement. The property is located in a vibrant downtown area with year-round events such as Wine Walks, Friday Night Live, the Farmers Market, and Art Alliance gatherings. This location is suitable for establishing a presence in Sonoma County.
Key Highlights
- Prime downtown Cloverdale location on Cloverdale Boulevard.
- Over 4,000 sq. ft. of versatile space.
- Prominent storefront.
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
$37,616
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
6.02%
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%
$752,320
$752.3K
Cap Rate 7%
$537,371
$537.4K
Cap Rate 9%
$417,956
$418.0K
Market Conditions
NOI Build-Up for 4,120 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
$57.8K $14.04/SF
− Vacancy
−$4.1K −$1.00/SF
EGI
$53.7K $13.04/SF
− OpEx
−$16.1K −$3.91/SF
NOI
$37.6K $9.13/SF
Area
Sonoma County, CA
Vacancy
7.10%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
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%
$752,320
Cap Rate 7%
$537,371
Cap Rate 9%
$417,956
Alternative Uses
Best Use
Office B
$831.0K
$727.1K – $969.5K
NOI $58,171 @ 7.0% cap · market cap 9.31%
Second Best
Retail
$537.4K
$470.2K – $626.9K
NOI $37,616 @ 7.0% cap · market cap 6.02%
Theoretical Best
Specialty Retail
$1.12M
$976.9K – $1.30M
NOI $78,150 @ 7.0% cap · market cap 12.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
453
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95425, CA
11,252
Population
4,600
Households
2.4
Avg Household Size
44
Median Age
32%
College-Educated
84%
High-School Grad
191.8 sq mi
ZIP Area
59
Density / Sq Mi
$107,281
Median Household Income
$52,487
Median Earnings
$1,307
Median Rent
$647,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Versatile 4,000+ sq ft commercial space in downtown Cloverdale.
Where is this storefront property located?
The property is located at 219 S Cloverdale Cloverdale, CA.
What is the asking price?
The asking price for this property is $624,900.
What are key features of this property?
This property features: Prime downtown Cloverdale location on Cloverdale Boulevard.; Over 4,000 sq. ft. of versatile space.; Prominent storefront.
