Three-Unit Office
For Sale
Contact for pricing
3315 Chanate Rd., Santa Rosa, CA 95404
Tree-surrounded office property with separate units and established general office use.
Property Size3,200 SF
Price / SF$221.88
Days on Market162
Property Features for 3315 Chanate Rd.
General Information
Standard status
Active
Size
3,200 SF
Property subtype
Office
Zoning
PD- Planned Development
Occupancy
100%
Investment Type
Net Lease
Net Operating Income
$42,516
Additional Details
Office Units
3
Building Details
Year Built
1977
Buildings
1
Stories
1
Units
3
Tenancy
Single
Building Size
3,200 SF
Listing Agency:
Corcoran Icon Properties
Listed By:
Paul Schwartz · License #CA 01111744
(855) 437-1704
Source:
Crexi
Added: May 6
Changed: Oct 1
Last Checked: Oct 12 at 9:08PM
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 Corcoran Icon Properties
Investment Insights
Based on property information with market context.
This office property includes three separate units within approximately 3,200± square feet. It is currently occupied for general office use, with the stated profile also identifying professional offices, medical services, mental health and therapy practices, consulting, technology, creative services, and small businesses as applicable uses. Built in 1977, the building sits in a tree-surrounded setting off Chanate Rd. in Santa Rosa. The property is zoned PD—Planned Development, providing a defined zoning designation for review alongside its existing office configuration.
Key Highlights
- Three office units totaling approximately 3,200± square feet
- Currently occupied for general office use
- PD- Planned Development zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,181
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$903,620
$903.6K
Cap Rate 7%
$645,443
$645.4K
Cap Rate 9%
$502,011
$502.0K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$71.0K $22.20/SF
− Vacancy
−$10.8K −$3.37/SF
EGI
$60.2K $18.83/SF
− OpEx
−$15.1K −$4.71/SF
NOI
$45.2K $14.12/SF
Area
Santa Rosa, CA
Vacancy
15.20%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$903,620
Cap Rate 7%
$645,443
Cap Rate 9%
$502,011
Alternative Uses
Best Use
Office B
$645.4K
$564.8K – $753.0K
NOI $45,181 @ 7.0% cap · market cap 6.36%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$889.1K
$777.9K – $1.04M
NOI $62,234 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Office units
Location Intelligence
Trade Area within ½ mile
445
Businesses Nearby
Explore this area
Business Placement
Demographics for 95404, CA
38,034
Population
16,850
Households
2.3
Avg Household Size
43
Median Age
45%
College-Educated
90%
High-School Grad
75.4 sq mi
ZIP Area
504
Density / Sq Mi
$102,802
Median Household Income
$57,388
Median Earnings
$1,890
Median Rent
$865,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office units - Tree-surrounded office property with separate units and established general office use.
Where is this office units located?
The property is located at 3315 Chanate Rd. Santa Rosa, CA.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: Three office units totaling approximately 3,200± square feet; Currently occupied for general office use; PD- Planned Development zoning
