Medical Office Suite with Flexible
For Sale
$580,000
B-465 March Avenue, Healdsburg, CA 95448
Permitted remodel includes private offices, reception, exam space, storage, and an ADA-compliant restroom.
Property Size1,200 SF
Price / SF$483.33
Days on Market135
Property Features for B-465 March Avenue
General Information
Standard status
Active
Size
1,200 SF
Zoning
Medical/Professional
Additional Details
HOA Fee
$574.14
Amenities
wet-bar stations
on-site laundry area
storage
Listing Agency:
Sonoma Realty Group
(707) 244-7181
Listed By:
David J. Hunt · License #02129551
8887117
Source:
Exprealty
Added: Jun 2
Changed: Oct 14
Last Checked: Oct 13 at 2:44AM
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 Sonoma Realty Group
Investment Insights
Based on property information with market context.
This 1,200-square-foot medical office suite occupies a double unit within a professional complex and has a permitted remodeled layout. The interior includes three private offices, reception and waiting areas, an open exam area, and a versatile open room suitable for a gym, boardroom, studio, or collaborative workspace. Cherry cabinetry, stone-counter wet-bar and sink stations, recessed LED lighting, commercial carpet, and garden-view windows are among the interior improvements. A permitted ADA-compliant restroom, laundry area, and substantial storage support daily operations.
The property is zoned Medical/Professional and is currently arranged for a physical therapy practice, while the flexible configuration can accommodate other professional, wellness, studio, or office uses identified in the property information. The suite is next door to Healdsburg District Hospital and minutes from Healdsburg Plaza, with nearby restaurants and hotels contributing to the surrounding setting.
The property is zoned Medical/Professional and is currently arranged for a physical therapy practice, while the flexible configuration can accommodate other professional, wellness, studio, or office uses identified in the property information. The suite is next door to Healdsburg District Hospital and minutes from Healdsburg Plaza, with nearby restaurants and hotels contributing to the surrounding setting.
Key Highlights
- 1,200‑square‑foot double medical office unit at B‑465 March Avenue, Unit B
- Three private offices plus reception, waiting, open exam, and flexible open‑room areas
- Permitted remodel with recessed LED lighting, cherry cabinetry, stone counters, and commercial carpet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,943
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,860
$338.9K
Cap Rate 7%
$242,043
$242.0K
Cap Rate 9%
$188,256
$188.3K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$26.6K $22.20/SF
− Vacancy
−$4.0K −$3.37/SF
EGI
$22.6K $18.83/SF
− OpEx
−$5.6K −$4.71/SF
NOI
$16.9K $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%
$338,860
Cap Rate 7%
$242,043
Cap Rate 9%
$188,256
Alternative Uses
Best Use
Office B
$242.0K
$211.8K – $282.4K
NOI $16,943 @ 7.0% cap · market cap 2.92%
Second Best
Healthcare Medical
$214.5K
$187.7K – $250.3K
NOI $15,016 @ 7.0% cap · market cap 2.59%
Theoretical Best
Specialty Retail
$325.2K
$284.5K – $379.4K
NOI $22,762 @ 7.0% cap · market cap 3.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
633
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95448, CA
16,245
Population
7,783
Households
2.1
Avg Household Size
48
Median Age
45%
College-Educated
88%
High-School Grad
184.8 sq mi
ZIP Area
88
Density / Sq Mi
$103,048
Median Household Income
$46,932
Median Earnings
$2,129
Median Rent
$1,030,100
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Permitted remodel includes private offices, reception, exam space, storage, and an ADA-compliant restroom.
Where is this medical office space located?
The property is located at B-465 March Avenue Healdsburg, CA.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: 1,200‑square‑foot double medical office unit at B‑465 March Avenue, Unit B; Three private offices plus reception, waiting, open exam, and flexible open‑room areas; Permitted remodel with recessed LED lighting, cherry cabinetry, stone counters, and commercial carpet
