Building Details

Year Built 1970

Year Renovated 2019

Buildings 1

Owner Occupied No

Listing Agency: RE/MAX MARKETPLACE Show Phone

Listed By: DAVID L RENDINO · License #1252035 Show Phone

Source: Corcoran

Added: Aug 25 Changed: Oct 13 Last Checked: Oct 12 at 7:49PM

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Investment Insights

Based on property information with market context.

This stand-alone medical office property contains approximately 1,824 square feet arranged as two separate suites of approximately 900 square feet each. Both suites include reception space, four to five private offices or exam rooms, two private half-baths, and an individual utility or work room. The building was extensively renovated in 2019 and is currently vacant, allowing a new owner to occupy the property without existing tenant constraints.

The 0.34-acre parcel provides 10 on-site parking spaces and convenient access to Highway 101. Located in Cotati, the property serves a central Sonoma County setting with nearby connections to Petaluma, Rohnert Park, Santa Rosa, and Sebastopol. The configuration supports occupancy of one suite while leasing the other, leasing both, or combining the suites for a larger practice, subject to buyer verification of permitted uses.

Key Highlights

• Approximately 1,824 SF medical office building on a 0.34‑acre parcel
• Two suites of approximately 900 SF each
• Each suite includes 4‑5 offices or exam rooms, reception, two private half‑baths, and a utility/work room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$25,753

Cap Rate

2.89%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$515,060 $515.1K

Cap Rate 7%

$367,900 $367.9K

Cap Rate 9%

$286,144 $286.1K

Market Conditions

NOI Build-Up for 1,824 SF

Gross rent

$40.5K $22.20/SF

− Vacancy

−$6.2K −$3.37/SF

EGI

$34.3K $18.83/SF

− OpEx

−$8.6K −$4.71/SF

NOI

$25.8K $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%

$515,060

Cap Rate 7%

$367,900

Cap Rate 9%

$286,144

Alternative Uses

Best Use

Office B

$367.9K

$321.9K – $429.2K (±1% cap)

NOI $25,753 @ 7.0% cap · market cap 2.89%

Second Best

Healthcare Medical

$326.1K

$285.3K – $380.4K (±1% cap)

NOI $22,825 @ 7.0% cap · market cap 2.56%

Theoretical Best

Specialty Retail

$494.3K

$432.5K – $576.6K (±1% cap)

NOI $34,598 @ 7.0% cap · market cap 3.89%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Windows Health Clinic Medical Clinic Meningeal Release Alternative Medicine Practice Jennifer L. Price, ... Alternative Medicine Practice

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Furniture & Home Goods (Bike/Boat/Book/etc) Store Building Supply

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

2

Office units

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

637

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 94931, CA

9,119

Population

4,244

Households

2.1

Avg Household Size

40

Median Age

39%

College-Educated

97%

High-School Grad

7.7 sq mi

ZIP Area

1,184

Density / Sq Mi

$103,105

Median Household Income

$59,605

Median Earnings

$1,780

Median Rent

$788,200

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

Questions? Ask Rey

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What type of property is this? Where is this medical office space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Medical Office Space - Vacant stand-alone facility with adaptable layouts for healthcare and professional office users.

Where is this medical office space located?

The property is located at 7 Page #A Cotati, CA.

What is the asking price?

The asking price for this property is $890,000.

What are key features of this property?

This property features: Approximately 1,824 SF medical office building on a 0.34‑acre parcel; Two suites of approximately 900 SF each; Each suite includes 4‑5 offices or exam rooms, reception, two private half‑baths, and a utility/work room