Versatile Commercial Land with
For Sale
$4,950,000
23999 Arnold Drive, Sonoma, CA 95476
10 acres with buildings near Sonoma and Napa Valleys.
Property Size10,656 SF
Days on Market445
Property Features for 23999 Arnold Drive
General Information
Standard status
Active
Size
10,656 SF
Property subtype
Retail
Building Details
Building Size
10,656 SF
Year Built
1970
Listing Agency:
W Real Estate
Listed By:
Randy Waller · License #01795950
(707) 591-0570
Source:
Westgaterealestate
Added: Jul 21, 2025
Changed: Sep 30
Last Checked: Oct 7 at 3:05PM
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 W Real Estate
Investment Insights
Based on property information with market context.
This property offers an exceptional opportunity in a prime location, spanning 10 acres across two separate parcels of versatile commercial land. The site includes three existing structures: one main building and two warehouse-style barns, providing immediate functionality and a variety of potential uses. This property provides ample space and flexibility for development, investment, or business expansion. It is located at the gateway to Sonoma and Napa Valleys. The property offers a rare combination of location, size, and strategic value. The total property size is 10656 square feet.
Key Highlights
- 10 acres of versatile commercial land across two parcels.
- Prime location at the gateway to Sonoma and Napa Valleys.
- Includes a main building and two warehouse‑style barns.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$190,841
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,816,820
$3.8M
Cap Rate 7%
$2,726,300
$2.7M
Cap Rate 9%
$2,120,456
$2.1M
Market Conditions
NOI Build-Up for 10,656 SF
Gross rent
$241.7K $22.68/SF
− Vacancy
−$17.2K −$1.61/SF
EGI
$224.5K $21.07/SF
− OpEx
−$33.7K −$3.16/SF
NOI
$190.8K $17.91/SF
Area
Sonoma County, CA
Vacancy
7.10%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,816,820
Cap Rate 7%
$2,726,300
Cap Rate 9%
$2,120,456
Alternative Uses
Best Use
Warehouse
$2.73M
$2.39M – $3.18M
NOI $190,841 @ 7.0% cap · market cap 3.86%
Second Best
Industrial
$2.25M
$1.96M – $2.62M
NOI $157,163 @ 7.0% cap · market cap 3.18%
Theoretical Best
Specialty Retail
$2.89M
$2.53M – $3.37M
NOI $202,127 @ 7.0% cap · market cap 4.08%
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
57
Businesses Nearby
Explore this area
Business Placement
Demographics for 95476, CA
34,575
Population
16,974
Households
2
Avg Household Size
50
Median Age
41%
College-Educated
90%
High-School Grad
107.8 sq mi
ZIP Area
321
Density / Sq Mi
$108,322
Median Household Income
$52,530
Median Earnings
$2,127
Median Rent
$882,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Commercial land - 10 acres with buildings near Sonoma and Napa Valleys.
Where is this commercial land located?
The property is located at 23999 Arnold Drive Sonoma, CA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: 10 acres of versatile commercial land across two parcels.; Prime location at the gateway to Sonoma and Napa Valleys.; Includes a main building and two warehouse‑style barns.
