Multi-Tenant Manufacturing
New
For Sale
$9,725,000
789 & 791 Lombardi Court Santa, Santa Rosa, CA 95407
Every unit is occupied, with permitted uses that include fitness and church operations.
Property Size43,021 SF
Days on Market6
Property Features for 789 & 791 Lombardi Court Santa
General Information
Standard status
Active
Size
43,021 SF
Property subtype
Factory
Occupancy
100%
Site & Location
Neighborhood
Wright
Additional Details
Tenant in Place
Yes
Property Use
Multi-Tenant Industrial
Building Details
Building Size
43,021 SF
Year Built
1987
Tenancy
Multi
Listing Agency:
W Real Estate
Listed By:
Todd Schapmire · License #01414195
(707) 570-9855
Source:
Thebrokerlist
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 26 at 12:46PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multi-tenant industrial property in Santa Rosa contains units with occupancy at 100%. Permitted uses include gym or fitness operations and a church. The building dates to 1987.
Key Highlights
- 100% occupancy across the multi‑tenant property
- Permitted uses include gym or fitness operations and a church
- Building constructed in 1987
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$453,047
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,060,940
$9.1M
Cap Rate 7%
$6,472,100
$6.5M
Cap Rate 9%
$5,033,856
$5.0M
Market Conditions
NOI Build-Up for 43,021 SF
Gross rent
$676.3K $15.72/SF
− Vacancy
−$29.1K −$0.68/SF
EGI
$647.2K $15.04/SF
− OpEx
−$194.2K −$4.51/SF
NOI
$453.0K $10.53/SF
Area
Santa Rosa, CA
Vacancy
4.30%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,060,940
Cap Rate 7%
$6,472,100
Cap Rate 9%
$5,033,856
Alternative Uses
Best Use
Industrial
$6.47M
$5.66M – $7.55M
NOI $453,047 @ 7.0% cap · market cap 4.66%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$11.95M
$10.46M – $13.94M
NOI $836,677 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
762
Businesses Nearby
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 Industrial in West region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Every unit is occupied, with permitted uses that include fitness and church operations.
Where is this manufacturing property located?
The property is located at 789 & 791 Lombardi Court Santa Santa Rosa, CA.
What is the asking price?
The asking price for this property is $9,725,000.
What are key features of this property?
This property features: 100% occupancy across the multi‑tenant property; Permitted uses include gym or fitness operations and a church; Building constructed in 1987
