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    3820 Bodega Ave Petaluma, CA 94952

    Sponsored
    For Sale
    $4,485,000

    8.42 Acres, High-Income Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 8.42-acre commercial property at 3820 Bodega Avenue in Petaluma, California (zip code 94952), presents a unique investment opportunity. Currently zoned L-C (Limited Commercial) in Sonoma County, this well-maintained property boasts a rich history, having been owned by a single family for 149 years. The land encompasses a diverse mix of existing industrial, retail, and residential uses, generating an estimated annual income of approximately $300,000 from separate income centers. Its prime location on the high-traffic Bodega Avenue corridor ensures excellent visibility and accessibility. The substantial lot size and favorable zoning offer significant potential for increasing current income streams or pursuing redevelopment projects to capitalize on the large income upside. This multi-faceted property is ideal for investors seeking a substantial return on investment in a desirable California location. The property's long-standing history and established income streams provide a solid foundation for future growth and development. Serious inquiries are encouraged to explore the full potential of this remarkable investment opportunity. The asking price is $4,485,000.

    Property Features for 3820 Bodega Ave

    General Information

    Property type
    Land
    Lot Size
    366,775 SF

    HighLights

    • High‑traffic location with excellent visibility on Bodega Avenue.
    • Two separate income streams generating approximately $300,000 annually.
    • L‑C (Limited Commercial) zoning.
    • Significant upside potential for increased income.
    • 8.42‑acre site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Homecare Equipment-Supplies Home Health Care Service Sylvia Gonzalez Artist Mymark Internet Marketing Service Hendrickson's Window Fashions ... Window Treatment Store

    Suggested Use

    Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Wholesale Shop Hotel & Motel Kitchen & Bath Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Petaluma
    County
    Sonoma
    State
    California
    Longitude
    -122.685309
    Latitude
    38.2463583

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    FAQs

    What type of property is this?
    Land - 8.42 Acres, High-Income Potential
    Where is this land located?
    The property is located at 3820 Bodega Ave Petaluma, CA.
    What is the asking price?
    The asking price for this property is $4,485,000.
    What are key features of this property?
    This property features: High-traffic location with excellent visibility on Bodega Avenue.; Two separate income streams generating approximately $300,000 annually.; L-C (Limited Commercial) zoning.
    Request Owner's contact information
    3820 Bodega Ave Petaluma, CA 94952
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    Petaluma, CA 94952
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3820 Bodega Ave Petaluma, CA 94952
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