Petaluma Commercial Building for
For Sale
$5,300,000
719 Southpoint Boulevard, Petaluma, CA 94954
Commercial building suitable for owner/user or investor with PUD zoning.
Property Size23,000 SF
Price / SF$230.43
Days on Market327
Property Features for 719 Southpoint Boulevard
General Information
Standard status
Active
Size
23,000 SF
Class
C
Property subtype
Office
Building Details
Building Size
23,000 SF
Listing Agency:
Ground Matrix
Listed By:
Jerry Adamson · License #CalDRE #01935945
(707) 570-7802
Source:
Groundmatrix
Added: Nov 21, 2025
Changed: Oct 1
Last Checked: Oct 12 at 6:14PM
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 Ground Matrix
Investment Insights
Based on property information with market context.
719 Southpoint Boulevard presents a unique opportunity to purchase a commercial building, suitable for either an owner/user or an investor, and is prime for repositioning. The PUD zoning provides flexibility, and the structure can be modified to accommodate a wide range of business activities. Southpoint Boulevard is located on the East Side of Petaluma, off of N. McDowell Boulevard, a main thoroughfare. The location serves a wide variety of commercial businesses, including professional offices, warehouses, and public service offices such as the DMV. The property is conveniently located near Deer Creek Village and Plaza North Shopping Centers. The building has approximately 120 parking spaces and offers convenient access to HWY 101. Full or partial building occupancy options are available. The property size is approximately 23,000 square feet.
Key Highlights
- Prime commercial building ideal for owner/user or investor with re‑positioning potential.
- PUD zoning offers flexibility for various business activities.
- Convenient access to HWY 101.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$324,742
Cap Rate
6.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,494,840
$6.5M
Cap Rate 7%
$4,639,171
$4.6M
Cap Rate 9%
$3,608,244
$3.6M
Market Conditions
NOI Build-Up for 23,000 SF
Gross rent
$510.6K $22.20/SF
− Vacancy
−$77.6K −$3.37/SF
EGI
$433.0K $18.83/SF
− OpEx
−$108.2K −$4.71/SF
NOI
$324.7K $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%
$6,494,840
Cap Rate 7%
$4,639,171
Cap Rate 9%
$3,608,244
Alternative Uses
Best Use
Office B
$4.64M
$4.06M – $5.41M
NOI $324,742 @ 7.0% cap · market cap 6.13%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.23M
$5.45M – $7.27M
NOI $436,273 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
603
Businesses Nearby
Explore this area
Business Placement
Demographics for 94954, CA
38,301
Population
15,147
Households
2.5
Avg Household Size
43
Median Age
37%
College-Educated
92%
High-School Grad
62.2 sq mi
ZIP Area
616
Density / Sq Mi
$107,564
Median Household Income
$58,362
Median Earnings
$2,405
Median Rent
$790,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Commercial building suitable for owner/user or investor with PUD zoning.
Where is this office building located?
The property is located at 719 Southpoint Boulevard Petaluma, CA.
What is the asking price?
The asking price for this property is $5,300,000.
What are key features of this property?
This property features: Prime commercial building ideal for owner/user or investor with re‑positioning potential.; PUD zoning offers flexibility for various business activities.; Convenient access to HWY 101.
