400 Morris St, Sebastopol, CA 95472
Multi-tenant industrial warehouse near dining and entertainment district.
- Added:
- Feb 3, 2026
- Days on Market:
- 145
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 400 Morris St
General Information
- Standard status
- Active
- Size
- 23,690 SF
- Lot size
- 1.48 Acres
- Property subtype
- Industrial, Mixed Use, Office, Retail
Building Details
- Year Built
- 1988
Listing office NAI Northern California (510) 757-9929
Listing date Feb 3, 2026
Source Crexi
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 NAI Northern California
HighLights
- Uniquely positioned adjacent to The Barlow dining and entertainment district, offering premium lifestyle amenities.
- Multi‑tenant industrial warehouse with ±23,690 SF on ±1.48 acres, suitable for owner‑users or investors.
- Flexible delivery options: can be delivered partially or fully vacant.
- Stable in‑place income from a long‑term lease.
- Excellent parking (2.0/1,000 SF).
- 20’ clear heights and multiple semi‑truck loading doors.
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $537.3k | $22.68 |
| − Vacancy | −$38.1k | −$1.61 |
| EGI | $499.1k | $21.07 |
| − OpEx | −$74.9k | −$3.16 |
| NOI | $424.3k | $17.91 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sebastopol
- County
- Sonoma
- State
- California
- Longitude
- -122.8205487
- Latitude
- 38.4067833