Freestanding Commercial Building on
For Sale
$799,000
Pending
5341 Sebastopol, Santa Rosa, CA 95407
2,334 SF commercial building in Sebastopol, excellent visibility.
Property Size2,334 SF
Days on Market103
Property Features for 5341 Sebastopol
General Information
Standard status
Pending
Size
2,334 SF
Property subtype
Commercial
Amenities
Landscape Misc
Mid Block
Building Details
Year Built
1952
Listing Agency:
W REAL ESTATE
5910570
Listed By:
NANCY AZEVEDO · License #02070632
Source:
Corcoran
Added: May 16
Changed: Aug 15
Last Checked: Aug 14 at 8:30AM
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 W REAL ESTATE
Investment Insights
Based on property information with market context.
This 2,334 square foot freestanding commercial building is located on Highway 12 in Sebastopol, a Sonoma County small-business community. The property is situated at the entrance to town, offering visibility and access. The building is currently configured as a veterinary clinic, but is suited for general office, medical, wellness, retail, or specialty services, subject to County approval. The freestanding format provides independence and flexibility, with no shared walls or lobbies, and the ability to brand the space.
Key Highlights
- Freestanding commercial building on Highway 12 in Sebastopol.
- High visibility and convenient access at the entrance to town.**
- Versatile 2,334 square foot space suitable for various uses (subject to County approval).
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$32,954
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$659,080
$659.1K
Cap Rate 7%
$470,771
$470.8K
Cap Rate 9%
$366,156
$366.2K
Market Conditions
NOI Build-Up for 2,334 SF
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.
Gross rent
$51.8K $22.20/SF
− Vacancy
−$7.9K −$3.37/SF
EGI
$43.9K $18.83/SF
− OpEx
−$11.0K −$4.71/SF
NOI
$33.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$659,080
Cap Rate 7%
$470,771
Cap Rate 9%
$366,156
Alternative Uses
Best Use
Office B
$470.8K
$411.9K – $549.2K
NOI $32,954 @ 7.0% cap · market cap 4.12%
Second Best
Healthcare Medical
$446.4K
$390.6K – $520.8K
NOI $31,246 @ 7.0% cap · market cap 3.91%
Theoretical Best
Multifamily LT 5
$648.5K
$567.4K – $756.5K
NOI $45,392 @ 7.0% cap · market cap 5.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,624
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 95407, CA
42,504
Population
13,371
Households
3.2
Avg Household Size
34
Median Age
17%
College-Educated
73%
High-School Grad
21.6 sq mi
ZIP Area
1,968
Density / Sq Mi
$82,807
Median Household Income
$40,907
Median Earnings
$1,822
Median Rent
$603,300
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Producer's Veterinary Services — 6798 walker ave, sebastopol, ca 95472
- Animal Kingdom Veterinary Hospital — 6742 Sebastopol Ave, Sebastopol, CA 95472
Frequently Asked Questions
What type of property is this?
Medical Office Space - 2,334 SF commercial building in Sebastopol, excellent visibility.
Where is this medical office space located?
The property is located at 5341 Sebastopol Santa Rosa, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Freestanding commercial building on Highway 12 in Sebastopol.; High visibility and convenient access at the entrance to town.**; Versatile 2,334 square foot space suitable for various uses (subject to County approval).
