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Two-Story Office Building with Suites
For Sale
$2,095,000

8733 Lakewood Drive, Windsor, CA 95492

Multi-tenant office property with elevator service, dedicated parking, and access from multiple roads.

Property Size12,890 SF
Price / SF$162.53
Days on Market162

Property Features for 8733 Lakewood Drive

General Information

Standard status Active
Size 12,890 SF
Class Class A
Total Parking Spaces 48
Elevators Yes

Additional Details

Road Access Yes
Office Units 12

Building Details

Building Size 12,890 SF
Year Built 1989
Buildings 1
Stories 2
Construction concrete block and mirrored glass
Tenancy Multi
Listing Agency: North Bay Property Advisors
Listed By: William Severi · License #01000344
Source: Evrealestate
Added: May 6 Changed: Oct 7 Last Checked: Oct 12 at 6:22PM

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 North Bay Property Advisors

Investment Insights

Based on property information with market context.

This two-story Class A office property at 8733 Lakewood Dr in Windsor contains approximately 12,890+/- square feet, with roughly 6,000 square feet on each floor. The building uses a multi-suite configuration with five suites at ground level and seven on the second floor. A full-height lobby, glass double-door entry, elevator, stair access, slate stone finishes, glass sidelights, and light wood accents define the interior. The concrete block and mirrored-glass exterior adds a contemporary commercial presence.

The property fronts Lakewood Drive and is also visible from Old Redwood Highway at a major signalized intersection. Additional access is available from Edgewood Place through Brooks Road. Approximately 48 dedicated parking stalls and a monument sign serve the property. The location records a walk score of 71, Very Walkable, and a bike score of 69, Bikeable. Several tenants occupy month-to-month leases, allowing continued rental income alongside owner-occupancy flexibility.

Key Highlights

  • Approximately 12,890+/- square feet of Class A office space
  • Five ground‑floor suites and seven suites on the second level
  • Approximately 48 dedicated parking stalls

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$181,996
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,639,920 $3.6M
Cap Rate 7%
$2,599,943 $2.6M
Cap Rate 9%
$2,022,178 $2.0M
Market Conditions
NOI Build-Up for 12,890 SF
Gross rent
$286.2K $22.20/SF
− Vacancy
−$43.5K −$3.37/SF
EGI
$242.7K $18.83/SF
− OpEx
−$60.7K −$4.71/SF
NOI
$182.0K $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%
$3,639,920
Cap Rate 7%
$2,599,943
Cap Rate 9%
$2,022,178

Alternative Uses

Best Use
Office B
$2.60M
$2.27M – $3.03M (±1% cap)
NOI $181,996 @ 7.0% cap · market cap 8.69%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.49M
$3.06M – $4.08M (±1% cap)
NOI $244,503 @ 7.0% cap · market cap 11.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Philson Builders General Contractor A Plus Locksmith Locksmith Stationary Power Systems ... Production Facility Western Groundwater Surveyors, ... Land Surveyor Vinecrest Tax Group Tax Preparation

Suggested Use

Top Pick Restaurant Building Supply Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Law Firm

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

12
Office units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

995
Businesses Nearby

Demographics for 95492, CA

27,819
Population
10,013
Households
2.8
Avg Household Size
42
Median Age
35%
College-Educated
89%
High-School Grad
19.8 sq mi
ZIP Area
1,405
Density / Sq Mi
$131,022
Median Household Income
$54,001
Median Earnings
$2,149
Median Rent
$777,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Office building - Multi-tenant office property with elevator service, dedicated parking, and access from multiple roads.
Where is this office building located?
The property is located at 8733 Lakewood Drive Windsor, CA.
What is the asking price?
The asking price for this property is $2,095,000.
What are key features of this property?
This property features: Approximately 12,890+/- square feet of Class A office space; Five ground‑floor suites and seven suites on the second level; Approximately 48 dedicated parking stalls
More about this property
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