This exceptional two-story, 26,336 square foot Class B office building in Santa Rosa, CA presents a compelling owner-user opportunity. Completely remodeled in 2017, the property boasts contemporary finishes and large glass lines, creating a modern and inviting workspace. Currently 100% occupied with a mix of tenants, including BC Foods (lease extended to November 2028), Granite Construction, AMWINS Insurance, and Ed Ritch Insurance, the building generates a gross monthly rent of approximately $19,062. The second floor, approximately 13,168 square feet, will be vacant by February 28, 2025, offering significant potential for an owner-occupier. This space features updated carpet, paint, a break room with stone countertops, 18 perimeter offices, a large conference room, production space, and a main bullpen. It can be easily divided into two suites (approximately 2,278 and 8,582 square feet). The entire building has undergone cosmetic updates to common areas, including new flooring, lighting, and paint. A more efficient mini-split HVAC system was installed, providing superior climate control. Situated on a 77,917 square foot lot (APN 036-252-009) within the Park Campus development, the property offers ample parking and shares common exterior areas with two other buildings. Its central Santa Rosa location, minutes from US Hwy 101 and within the Santa Rosa Business Park, provides excellent accessibility and visibility. The asking price is $5,530,000 ($209.98/sq ft). This is a rare opportunity to acquire a well-maintained, high-performing office building in a desirable location.
Property Features for 1330 Dutton Ave
General Information
Property type
Office Properties & Spaces
Square Feet
26,336 SF
Class
B
Building Details
Year Built/Renovated
1983/2017
Buildings
1
Stories
2
Units
5
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Listing Contact
William Severi
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Property Insight Report
HighLights
$5,530,000 asking price for a 26,336 square foot office building.
Located at 1330 N Dutton Ave, Santa Rosa, CA 95401.
Class B, two‑story building, built in 1983, renovated in 2017.
100% occupancy with five multi‑tenant units; gross lease type.
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Office Property / Space - Prime Office Building, 26,336 SF
Where is this office property / space located?
The property is located at 1330 Dutton Ave Santa Rosa, CA.
What is the asking price?
The asking price for this property is $5,530,000.
What are key features of this property?
This property features: $5,530,000 asking price for a 26,336 square foot office building.; Located at 1330 N Dutton Ave, Santa Rosa, CA 95401.; Class B, two-story building, built in 1983, renovated in 2017.
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1330 Dutton Ave Santa Rosa, CA 95401
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Realmo Value Estimations
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.
Realmo CapRate Calculation
Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.
How We Calculate Cap Rate
Cap Rate Formula: Cap Rate (%) = (Net Operating Income / Property Value) × 100
Net Operating Income (NOI) Formula: NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)
Components
Net Operating Income (NOI) represents the annual income a property generates after operating expenses:
Area: Building square footage from property records
Lease Rate: Annual $/sqft based on market data for the property type and geographic location
Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
Operating Expense Ratio: Operating costs as a percentage of income, varies by property type
Property Value is derived from:
Recent sale price (if available)
Statistical models using comparable sales
AI-powered valuation estimates
Example Calculation
For a 100,000 sqft Office Building:
Lease Rate: $25.00/sqft/year (market data for Office in this area)
Vacancy Rate: 8% (market data for Office in this area)
Operating Expense Ratio: 35% (typical for Office properties)
Property Value: $15,000,000
Step 1: Calculate NOI
NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35) NOI = 100,000 × $25.00 × 0.92 × 0.65 NOI = $1,495,000/year
Step 2: Calculate Cap Rate
Cap Rate = ($1,495,000 / $15,000,000) × 100 Cap Rate = 9.97%
Property Type Considerations
Net Operating Income calculations vary by property type due to different operating expense ratios:
Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
Retail: Moderate expenses (25-35%) for common area maintenance
Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
Multifamily: Moderate expenses (35-45%) including property management
Self-Storage: Lower expenses (25-35%) due to minimal maintenance
Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.
Disclaimer
These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.
Cap Rate calculations depend on market data that may change over time
Actual operating expenses, lease rates, and vacancy rates may differ from market averages
Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
Property value estimates are approximations and not official appraisals
Cap rates vary widely by market, property condition, and investment risk profile
Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.
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.
Stat Estimate
This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.
Ranges - area data calculated by industry standard IQR Outlier Removal Method
Range-from: 75% of all similar sales ($/sqft) are above this value
Range-to: 75% of all similar sales ($/sqft) are below this value
AI Estimate
This method estimates value based on AI market estimation of comparable properties around by location and property type.
Ranges - area data calculated by industry standard IQR Outlier Removal Method
Range-from: 75% of all estimations ($/sqft) are above this value
Range-to: 75% of all estimations ($/sqft) are below this value
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
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1330 Dutton Ave Santa Rosa, CA 95401
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1330 Dutton Ave, Santa Rosa, CA
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