End-Unit Medical Office
For Sale
$580,000
465 March Avenue #B, Healdsburg, CA 95448
Professional and medical zoning with central air and a corner end-unit position.
Property Size1,200 SF
Days on Market136
Property Features for 465 March Avenue #B
General Information
Standard status
Active
Size
1,200 SF
Zoning
Professional, Medical
Amenities
1 Restroom Per Unit, Front Sign, Individual Thermostat Control, Reception Area, Washer/Dryer Owned
Accessible Approach with Ramp, Accessible Doors, Grip-Accessible Features, Accessible Entrance
Central Air
Central
Common
Building Details
Building Size
1,200 SF
Year Built
1974
Stories
1
Listing Agency:
Sonoma Realty Group
Listed By:
David J. Hunt · License #02129551
(707) 888-7117
Source:
Evrealestate
Added: Jun 2
Changed: Oct 10
Last Checked: Oct 14 at 11:09PM
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 Sonoma Realty Group
Investment Insights
Based on property information with market context.
This medical office property is an end unit at 465 March Avenue, Suite B, in Healdsburg. The space is positioned at the corner of March Avenue and University Avenue and includes central air conditioning.
Zoning is designated Professional, Medical. The building was constructed in 1974, with common exterior features and a Sonoma County location.
Zoning is designated Professional, Medical. The building was constructed in 1974, with common exterior features and a Sonoma County location.
Key Highlights
- End‑unit position at the corner of March Avenue and University Avenue
- Professional, Medical zoning
- Central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,943
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,860
$338.9K
Cap Rate 7%
$242,043
$242.0K
Cap Rate 9%
$188,256
$188.3K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$26.6K $22.20/SF
− Vacancy
−$4.0K −$3.37/SF
EGI
$22.6K $18.83/SF
− OpEx
−$5.6K −$4.71/SF
NOI
$16.9K $14.12/SF
Area
Sonoma County, 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%
$338,860
Cap Rate 7%
$242,043
Cap Rate 9%
$188,256
Alternative Uses
Best Use
Office B
$242.0K
$211.8K – $282.4K
NOI $16,943 @ 7.0% cap · market cap 2.92%
Second Best
Healthcare Medical
$214.5K
$187.7K – $250.3K
NOI $15,016 @ 7.0% cap · market cap 2.59%
Theoretical Best
Specialty Retail
$325.2K
$284.5K – $379.4K
NOI $22,762 @ 7.0% cap · market cap 3.92%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95448, CA
16,245
Population
7,783
Households
2.1
Avg Household Size
48
Median Age
45%
College-Educated
88%
High-School Grad
184.8 sq mi
ZIP Area
88
Density / Sq Mi
$103,048
Median Household Income
$46,932
Median Earnings
$2,129
Median Rent
$1,030,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Professional and medical zoning with central air and a corner end-unit position.
Where is this medical office space located?
The property is located at 465 March Avenue #B Healdsburg, CA.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: End‑unit position at the corner of March Avenue and University Avenue; Professional, Medical zoning; Central air conditioning
