Animal Ophthalmology Practice For
For Sale
$888,000
4867 Old Redwood Hwy, Santa Rosa, CA 95403
Fully equipped animal ophthalmology practice in established business park.
Property Size2,220 SF
Price / SF$400
Days on Market142
Property Features for 4867 Old Redwood Hwy
General Information
Standard status
Active
Size
2,220 SF
Property subtype
Commercial
Building Details
Building Size
2,220 SF
Year Built
2008
Listing Agency:
Sterling California Properties
Listed By:
Marshall Mello · License #01815138
(707) 396-2686
Source:
Elliman
Added: May 27
Changed: Oct 7
Last Checked: Oct 14 at 11:21PM
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 Sterling California Properties
Investment Insights
Based on property information with market context.
This 2,220 square foot property is a fully equipped animal ophthalmology practice ready for a new owner. The layout includes a waiting area, reception, information/procedure viewing area, three exam rooms, a lab, pre- and post-surgery staging areas, and a surgery room equipped with two ceiling-mounted oxygen hoses. Additional features include two bathrooms, a technology room, a break room, and an office with multiple workstations. The space is adaptable for conversion to human ophthalmology, a general veterinary practice, a doctor's office, a dentist's office, a dermatology office, or other uses. The property is situated in an established business park with ample parking and convenient access off 101 in Larkfield.
Key Highlights
- Fully equipped animal ophthalmology practice ready for new owner.
- Easily converted to human ophthalmology, general veterinary practice, doctor's office, dentist office, dermatology office, and more.
- Surgery room with two ceiling mounted oxygen hoses.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,345
Cap Rate
3.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$626,900
$626.9K
Cap Rate 7%
$447,786
$447.8K
Cap Rate 9%
$348,278
$348.3K
Market Conditions
NOI Build-Up for 2,220 SF
Gross rent
$49.3K $22.20/SF
− Vacancy
−$7.5K −$3.37/SF
EGI
$41.8K $18.83/SF
− OpEx
−$10.4K −$4.71/SF
NOI
$31.3K $14.12/SF
Area
Santa Rosa, 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%
$626,900
Cap Rate 7%
$447,786
Cap Rate 9%
$348,278
Alternative Uses
Best Use
Office B
$447.8K
$391.8K – $522.4K
NOI $31,345 @ 7.0% cap · market cap 3.53%
Second Best
Healthcare Medical
$424.6K
$371.5K – $495.3K
NOI $29,720 @ 7.0% cap · market cap 3.35%
Theoretical Best
Multifamily LT 5
$616.8K
$539.7K – $719.6K
NOI $43,175 @ 7.0% cap · market cap 4.86%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
583
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95403, CA
44,705
Population
17,504
Households
2.6
Avg Household Size
39
Median Age
27%
College-Educated
87%
High-School Grad
21.5 sq mi
ZIP Area
2,079
Density / Sq Mi
$94,480
Median Household Income
$45,928
Median Earnings
$2,215
Median Rent
$651,900
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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Similar Off Market Nearby
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- York Cynthia DVM — 448 Larkfield Center, Santa Rosa, CA 95403
- Wikiup Veterinary Hospital — 130 Wikiup Dr, Santa Rosa, CA 95403
Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully equipped animal ophthalmology practice in established business park.
Where is this medical office space located?
The property is located at 4867 Old Redwood Hwy Santa Rosa, CA.
What is the asking price?
The asking price for this property is $888,000.
What are key features of this property?
This property features: Fully equipped animal ophthalmology practice ready for new owner.; Easily converted to human ophthalmology, general veterinary practice, doctor's office, dentist office, dermatology office, and more.; Surgery room with two ceiling mounted oxygen hoses.**
