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Turnkey Dental Medical Office
New
For Sale
$475,000

4655 Hoen Ave #5, Santa Rosa, CA 95405

Medical office suite with operatories, diagnostic space, private offices, and a recently installed HVAC system.

Property Size3,104 SF
Price / SF$153.03
Days on Market2

Property Features for 4655 Hoen Ave #5

General Information

Standard status Active
Size 3,104 SF
Property subtype Commercial

Amenities

landscaped grounds

Building Details

Building Size 3,104 SF
Buildings 1
Tenancy Multi
Owner Occupied Yes
Listing Agency: North Bay Property Advisors
Listed By: Nick Abbott · License #01000344
Source: Elliman
Added: Aug 2 Changed: Aug 3 Last Checked: Aug 3 at 7:21AM

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 North Bay Property Advisors

Investment Insights

Based on property information with market context.

This offering conveys an approximately 20.38 membership interest in Summerfield Land Development Group, LLC, along with exclusive occupancy rights to Suite 1 at 4655 Hoen Avenue. The approximately 3,104-square-foot suite is configured for dental use and includes a reception area, administrative office, 4-5 operatories, an X-ray room, three restrooms, private offices, a break area, storage, and additional support areas. Floor-to-ceiling north-facing windows provide natural light and views of adjacent open space. A new HVAC system and near turn-key condition support immediate use with limited improvements.

The professionally maintained development includes landscaped grounds, on-site parking, and a well-kept exterior. The site scores 51 for biking, 11 for walking, and 23 for transit, reflecting a bikeable but car-dependent setting with minimal transit service. The suite is suited to a dental practice or another medical or professional office user.

Key Highlights

  • Approximately 3,104‑square‑foot Suite 1 with exclusive occupancy rights
  • Approximately 20.38 membership interest in Summerfield Land Development Group, LLC
  • Dental layout includes 4‑5 operatories, X‑ray room, three restrooms, offices, and support areas

Financial Insights For Healthcare Medical

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 $76.4k $24.60
− Vacancy −$7.1k −$2.29
EGI $69.3k $22.31
− OpEx −$27.7k −$8.92
NOI $41.6k $13.39
3,104 SF · lease $24.60/SF/yr · vacancy 9.30% · expense 40.00%

Alternative Uses

Best Use
Office B
$626.1K
$547.8K – $730.4K (±1% cap)
NOI $43,826 @ 7.0% cap · market cap 9.23%
Second Best
Healthcare Medical
$593.6K
$519.4K – $692.6K (±1% cap)
NOI $41,554 @ 7.0% cap · market cap 8.75%
Theoretical Best
Multifamily LT 5
$862.4K
$754.6K – $1.01M (±1% cap)
NOI $60,367 @ 7.0% cap · market cap 12.71%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Dr. Victor Costanza, ... Dental Office Mares Income Tax ... Accounting Firm Breanna Christenson NMT, ... Alternative Medicine Practice Contact Santa Rosa ... Dental Office Berger Stephen S ... Dental Office

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Hair Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

533
Businesses Nearby
Under-served
Demand for This Use

Demographics for 95405, CA

22,015
Population
9,664
Households
2.3
Avg Household Size
45
Median Age
47%
College-Educated
94%
High-School Grad
5.0 sq mi
ZIP Area
4,403
Density / Sq Mi
$117,931
Median Household Income
$60,009
Median Earnings
$2,315
Median Rent
$749,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office suite with operatories, diagnostic space, private offices, and a recently installed HVAC system.
Where is this medical office space located?
The property is located at 4655 Hoen Ave #5 Santa Rosa, CA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Approximately 3,104‑square‑foot Suite 1 with exclusive occupancy rights; Approximately 20.38 membership interest in Summerfield Land Development Group, LLC; Dental layout includes 4‑5 operatories, X‑ray room, three restrooms, offices, and support areas
More about this property
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