Medical Office Suite with
New
For Sale
$475,000
4655 HOEN AVE, Santa Rosa, CA 95405
Owner-user medical suite with dental infrastructure, natural light, and exclusive occupancy rights through an LLC membership interest.
Property Size3,104 SF
Price / SF$153.03
Days on Market7
Property Features for 4655 HOEN AVE
General Information
Standard status
Active
Size
3,104 SF
Property subtype
Office
Amenities
landscaped grounds
3
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
(707) 523-2700
Listed By:
North Bay Property Advisors
(707) 523-2700
Source:
Xome
Added: Jul 28
Changed: Aug 3
Last Checked: Aug 3 at 2:52AM
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 rights to occupy Suite 1 at 4655 Hoen Avenue in Santa Rosa. The 3,104-square-foot medical office is configured for dental operations and includes a reception area, administrative office, 4-5 operatories, X-ray room, three restrooms, private offices, break area, storage, and additional support rooms. A new HVAC system and existing buildout support occupancy with limited improvements.
Floor-to-ceiling north-facing windows bring daylight into the suite and overlook adjacent open space. The professionally maintained property includes landscaped grounds, on-site parking, and office-oriented improvements. The ownership structure provides occupancy rights through the LLC’s Operating Agreement rather than fee-simple title to the individual suite.
Floor-to-ceiling north-facing windows bring daylight into the suite and overlook adjacent open space. The professionally maintained property includes landscaped grounds, on-site parking, and office-oriented improvements. The ownership structure provides occupancy rights through the LLC’s Operating Agreement rather than fee-simple title to the individual suite.
Key Highlights
- Approximately 20.38 membership interest in Summerfield Land Development Group, LLC
- Exclusive occupancy rights to Suite 1, a 3,104‑square‑foot medical office
- Dental configuration with 4‑5 operatories and an X‑ray room
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
NOI $43,826 @ 7.0% cap · market cap 9.23%
Second Best
Healthcare Medical
$593.6K
$519.4K – $692.6K
NOI $41,554 @ 7.0% cap · market cap 8.75%
Theoretical Best
Multifamily LT 5
$862.4K
$754.6K – $1.01M
NOI $60,367 @ 7.0% cap · market cap 12.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
533
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Owner-user medical suite with dental infrastructure, natural light, and exclusive occupancy rights through an LLC membership interest.
Where is this medical office space located?
The property is located at 4655 HOEN AVE 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 20.38 membership interest in Summerfield Land Development Group, LLC; Exclusive occupancy rights to Suite 1, a 3,104‑square‑foot medical office; Dental configuration with 4‑5 operatories and an X‑ray room
