Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Multi-Tenant Industrial Warehouse Near Barlow Title is generated by Realmo AI

    400 Morris St, Sebastopol, CA 95472

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Multi-tenant industrial warehouse near dining and entertainment district.

    Type:Industrial, Mixed Use, Office, Retail
    Property size:
    23,690 SF
    Lot size:
    1.48 Acres
    Price / SF:
    $294/SF
    Added:
    Feb 3, 2026
    Days on Market:
    99
    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

    We can help!

    Listing Contact
    Seth Hubbert
    Seth Hubbert

    Listing agent Seth Hubbert License #CA 02158135

    Listing office NAI Northern California

    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

    The property at 400 Morris Street is a multi-tenant industrial warehouse encompassing approximately 23,690 square feet, situated on approximately 1.48 acres. Constructed in 1988, the building features 20-foot clear heights and multiple semi-truck loading doors. It offers a parking ratio of 2.0 spaces per 1,000 square feet. Recent capital improvements include new insulation. The property is uniquely positioned adjacent to The Barlow dining and entertainment district. The building has a diverse tenant profile, including a long-term lease providing stable in-place income. Flexible delivery options allow the property to be delivered partially or fully vacant to accommodate buyer requirements. This property is suitable for owner-users seeking a distinctive corporate campus and investors targeting durable cash flow in a supply-constrained submarket.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Prunuske Chatham Inc Civil Engineer Pathology Services Medical Laboratory Dr. Frank R. ... Physician Dr. Steve C. ... Physician Dr. Muoi M. ... Physician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sebastopol
    County
    Sonoma
    State
    California
    Longitude
    -122.8205487
    Latitude
    38.4067833

    Nearby Similar for Sale

    • $7,400,000
      138,715 SF

      Historic Sonoma County Industrial Property

      38.79-acre industrial/agricultural property near Sebastopol, California.
      9141 Green Valley Road, Sebastopol, CA 95472
      View Details
    • $1,999,999
      4,400 SF

      Unique Hospitality Property with Tavern

      Charming farmhouse and tavern on 5 acres for sale.
      5186 Hwy 116 S, Sebastopol, CA 95472
      View Details
    • $1,910,000
      6,700 SF

      Sebastopol Commercial Building with Suites

      Multi-tenant commercial building near downtown Sebastopol with leasing opportunities.
      7300 Healdsburg, Sebastopol, CA 95472
      View Details
    • $2,400,000
      4,400 SF

      Unique Hospitality Property with Tavern

      Versatile property with farmhouse, tavern, and event spaces.
      5186 Gravenstein Hwy S, Sebastopol, CA 95472
      View Details
    • $850,000
      1,900 SF

      Downtown Sebastopol Commercial Opportunity

      Prime commercial building in downtown Sebastopol with high visibility.
      6957 Sebastopol, Sebastopol, CA 95472
      View Details
    • $2,950,000

      Sebastopol 80-Acre Family Estate

      80-acre ranch with homes, studio, and agricultural potential.
      12760 Green Valley Road, Sebastopol, CA 95472
      View Details
    • $1,900,000
      7,448 SF

      Two-Story Commercial Building For Sale

      Two-story commercial building with retail and office space available.
      138 N Main, Sebastopol, CA 95472
      View Details
    • $5,500,000

      Sonoma County Vineyard Opportunity

      Ultra-premium Pinot Noir vineyard in Russian River Valley/Sonoma Coast.
      5215 Blank, Sebastopol, CA 95472
      View Details
    • $1,575,000

      Sebastopol Boutique Office Building

      Standalone office building in downtown Sebastopol, built in 2014.
      6940 Burnett Street, Sebastopol, CA 95472
      View Details
    • $2,000,000
      1,100 SF

      Sebastopol Colonial Style Office Building

      Office building with private offices and suite configurations for rent.
      7765 Healdsburg Ave, Sebastopol, CA
      View Details
    • $3,800,000
      14,511 SF

      Four Commercial Buildings in Sebastopol

      Four commercial buildings totaling 14,511 SF on 1.14 acres.
      7064 Corline Ct, Sebastopol, CA
      View Details
    • $1,500,000
      3,692 SF

      Two-Story Office Building For Sale

      Two-story office building with four individual offices and ample storage.
      332 Petaluma, Sebastopol, CA 95472
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Multi-tenant industrial warehouse near dining and entertainment district.
    Where is this mixed-use property located?
    The property is located at 400 Morris St Sebastopol, CA.
    What is the asking price?
    The asking price for this property is $6,970,000.
    What are key features of this property?
    This property features: 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.
    (510) 757-9929 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Seth Hubbert
    Seth Hubbert
    Real Estate License ID: CA 02158135
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    400 Morris St, Sebastopol, CA 95472
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!